Avoiding Foreclosure by Christina Clerk

INTRODUCTION: TRUE REAL ESTATE BUSINESS

FORECLOSURE
LEGAL DISCLAIMER

CHAPTER 1 - TODAY’S FORECLOSURE FRENZY

JOBLESSNESS IS NOT THE ONLY REASON BEHIND FORECLOSURES
THE PAIN OF FORECLOSURE
THE IMPORTANCE OF SOUND HOME BUYING STRATEGIES
BLUEPRINT FOR AVOIDING THE FORECLOSURE TRAP
SEEK PRE-APPROVAL FOR YOUR LOAN
AVOID AN ADJUSTABLE-RATE MORTGAGE
AVOID A BALLOON LOAN
KEEP YOUR CLOSING COSTS UNDER CONTROL

CHAPTER 2 - HOW MUCH CAN YOU AFFORD?

CALCULATING COSTS 1ST STEP TO AVOIDING FORECLOSURE
SHOPPING FOR A LOAN
MAKING THE RIGHT OFFER
TOP WAYS TO CUT MORTGAGE COSTS
DOWN PAYMENT CONSIDERATIONS
THE PREPAYMENT OPTION
VARIOUS SETTLEMENT COSTS
TIPS FROM THE FEDERAL RESERVE
GOING AHEAD WITH A HOME EQUITY LOAN

CHAPTER - 3 - KEY CONSIDERATIONS

SOURCES OF INFORMATION
OTHER HELPFUL INFORMATION SOURCES
THE REFINANCING DILEMMA
AVOIDING THE RICH HOUSE, POOR BANK ACCOUNT SYNDROME
GUIDE TO THE IDEAL MORTGAGE

CHAPTER 4 - TOP HOME SHOPPING MISTAKES

A LIST OF TOP HOME BUYING MISTAKES

CHAPTER 5 - HELP FOR PRE-FORECLOSURE

ACTIONS TO TAKE WHEN YOU CAN’T MAKE MORTGAGE PAYMENTS
CONTACT YOUR LENDER IMMEDIATELY
LENDER DOES NOT WANT TO FORECLOSE ON YOU
DO NOT “GO IT” ALONE
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WHEN YOU HAVE AN FHA LOAN
ESTABLISH A DEBT REDUCTION PLAN
TRY TO MAINTAIN A SOLID CREDIT RECORD/AVOID BANKRUPTCY
WORKOUT SOLUTIONS TO AVOID MORTGAGE FORECLOSURE
DO DEBT RECALCULATION TO STOP REAL ESTATE FORECLOSURE
DISASTER RELIEF OPTIONS TO STOP FORECLOSURE
PREDATORY LENDING: A NOTE ON FORECLOSURE LOANS
PREDATORY PRACTICES TARGETS
MORE POTENTIAL SCAMS

CHAPTER 6 - WHEN FORECLOSURE STRIKES

FORECLOSURE PROPERTIES
WHEN REFINANCING IS A BAD IDEA
CREDIT AND EQUITY ANSWERS
IN THE CASE OF VA FORECLOSURE/FORECLOSURE HELP
EDUCATE YOURSELF ABOUT YOUR LEGAL RIGHTS
VA FORECLOSURE OPPORTUNITY/FORECLOSURE LISTINGS
RELIEF OPTIONS FOR FHA LOANS AND BANK FORECLOSURE
OFFERING ALTERNATIVES TO FORECLOSURE
PRESERVING GOOD CREDIT
IMPORTANT POINTS TO REMEMBER

CHAPTER 7 - WHEN FACING FORECLOSURE

NECESSARY PRECAUTIONS
OUT-OF-POCKET EXPENSES
CONTACTING YOUR LENDER
HELP FOR SERVICE MEMBERS
WHEN YOU CANNOT PAY MORTGAGE AT LOWER INTEREST
HOUSING COUNSELING AGENCIES APPROVED BY HUD
FACTS ABOUT REVERSE MORTGAGES
NO INCOME QUALIFICATIONS
FIVE DIFFERENT PAYMENT PLANS WITH BY REVERSE MORTGAGE
REVERSE MORTGAGE AND HOME EQUITY LOAN ARE DIFFERENT
AFTER SALE OF YOUR HOME
ADDITIONAL INFORMATION
HELPFUL WEBSITES

Sale Price $9.99

Avoiding Foreclosure

by Christina Clerk

Not Yet Rated

Avoiding Foreclosure by Christina Clerk is a must-read for anyone who may be facing, or contemplating, forclosure on their home.

It often takes up to ten years to fully recover from a foreclosure.

So before doing anything you may regret, let Christina show you a blueprint for avoiding the foreclosure trap, how to shop for a home loan, avoid the rich house / poor bank account syndrome, the top home buying mistakes, how to use reverse mortgages to your advantage, actions you can take when you can't make mortgage payments, what you can do when foreclosure strikes, and much more.