Personalize Yedda, (And make Danny Happy)
People ask & answer about almost everything. Tell us what you're interested in... So we can personalize Yedda especially for you
I'm interested in:

How do I save my home from foreclosure?

How do I save my home from foreclosure?


Share Send to a friend Watch Report
 
 

6 Posted Answers
Order by

 
2441 helpful answers

 

 

Pay your mortgage on time.

Posted 2009-10-28T12:54:29Z
 
23 helpful answers

Only if you have been in the deepest valley, can you ever know how magnificent it is to be on the highest mountain.

Well you did not give much detail, But there are some options that can be tried. 1, Right now the Goverment is offering home owners a chance to refinace, and even get finacial assitance in some cases. that depends on if your mom works or if she is retired , Thoese to facts allow for different types of assitance.If you have talk with the bank reps they should have the above info and if not ,  try contacting local County Housing assitance I sure they should have some advise and info on current govement assitace programs. Plus they will have more info from you so as to make a better suggestion where your can get help. Good luck.

Posted 2009-10-28T13:00:16Z
 
23 helpful answers

Only if you have been in the deepest valley, can you ever know how magnificent it is to be on the highest mountain.

Well you did not give much detail, But there are some options that can be tried. 1, Right now the Goverment is offering home owners a chance to refinace, and even get finacial assitance in some cases. that depends on if your mom works or if she is retired , Thoese to facts allow for different types of assitance.If you have talk with the bank reps they should have the above info and if not ,  try contacting local County Housing assitance I sure they should have some advise and info on current govement assitace programs. Plus they will have more info from you so as to make a better suggestion where your can get help. Good luck.

Posted 2009-10-28T13:00:30Z
Helpful?(1)
Rated as Best Answer
 

Yeah, you just save your home. It's always been that way and that's the way that it will doubtless stay

Posted 2009-10-29T23:02:31Z
 
2 helpful answers


  American Homeowner Preservation helps the homeowner stay in their home and relief themselves of excessive mortgage debt. With the decline of the housing market, many families are now ‘underwater’ on their mortgages—meaning that they owe more money than their home is actually worth. American Homeowner Preservation will negotiate a short sale (when a lender agrees to accept less than the value of a mortgage in exchange for full satisfaction of the mortgage) for a homeowner. AHP matches each homeowner with an investor who agrees to purchase the home on short sale,  lease the home back to the family up to five years along with a recorded option to repurchase their home at a fraction of what they once owed.
For example, let’s say you owe $100,000 on her home. American Homeowner Preservation will aim to negotiate a short sale for $30,000. The investor will purchase the home and your friend would then have the option to repurchase her home for predetermined prices between   $34,500 – 39,000, depending on how soon the home is repurchased.   Necessary repairs will also be completed and the lease payments will not be more than 33% of her monthly income.
You can learn more about how American Homeowner Preservation benefits homeowners at https://www.ahphelp.com/homeowner.php .

Posted 2009-11-02T18:01:39Z
 
Lee
(deleted account)

The Foreclosure Survival Guide: Keep Your House or Walk Away with Money in Your Pocket by Steven Elias discusses the most recent laws designed to help homeowners deal with the crisis and points them to resources (nonprofit housing counselors, government agencies and so on) that may help.

Posted 2009-11-05T18:51:18Z

Sign in to participate

Got an answer for Kate? Would you like to comment on the posted answers, or vote for the one which you think is the best?

Sign up for a free account, or sign in (if you're already a member).

Explore Related Questions

Other people asked questions on similar topics, check out the answers they received:


Q:

How do you modify your mortgage under obama bailout plan?

If you're unable to manage your mortgage or you're already behind on payments, try negotiating a workout plan with the lender so ...
Submitted by realstubs   8 months ago.
  • viewed 1940 times
Last answer posted 10 days ago by windowbugg


Q:

Good Mortgage

What is considered a good mortgage these days? What should I look out for when getting one? Any tips you have from experience are ...
Submitted by serenitynow   2 years ago.
  • viewed 707 times
Last answer posted 6 months ago by k00lit
Asked about "Money on AOL Coaches"


Q:

Where can I obtain a mortgage whilst under an IVA

2green4Can you pleaone.netse advise where can I obtain a mortgage when 2 years in on a 5 year IVA. I am currently paying regular ...
Submitted by karl   2 months ago.
  • viewed 131 times



» More...

Explore Related Posts in Forums

No Money Down Mortgages

With a (no money down mortgage) and then let this house out to cover the repayments. Are these types of mortgage still available in todays economic climate. I have a large sum of equity still in my that, using the extra money for a deposit on a let to buy mortgage (note - not buy to let). I imagine

Do you support the Treasury's plan to freeze rates on some mortgages?

On some mortgages? (4 ratings) See related article: Paulson Asks Congress to Act on Loan Crisis Do easy money that was availabe for mortgages, supplemented with unrealistic repayment plans, is one rates on some mortgages? (75 ratings) The government intervenes all the time on behalf of businesses

Hudson Valley Federal Credit Union? (Fishkill: insurance, mortgages, credit...

mortgages, overall satisfaction? I am thinking of joining them. , rates, mortgages, overall satisfaction? I am thinking of joining them. Every experience I've had a long list of services to offer - financial planning, insurance, mortgages, loans - almost anything
» More...
Powered by
Feed - Subscribe to changes to this Q&A Blog
ADVERTISEMENT
  • Answers
  • Web
Copyright © 2006-2009, Yedda Inc. and respective copyright owners · CC License