Columbia, SC (PRWEB) June 18, 2005
What can a borrower do to avoid foreclosure sale of the property if they have failed at a bankruptcy program or do not have all of the monies requested by the creditor?

This release offers testimony from 5 courageous property owners who have been able to successfully avoid foreclosure sale of their homes by means of housing counseling services supplied by Save Your Property, Inc.

Dianna Rumphs residence was scheduled for sale on June six, 2005 after she fell over a year behind because of extreme wellness issues. My mortgage organization did not want to accept my down payment and Save Your House had to make contact with the HUD office in Oklahoma to get the lender to assessment my file beneath HUD guidelines, mentioned Rumph, of Orangeburg, SC. “My loved ones would be out on the street nowadays if it werent for Save Your Property and I thank them from the bottom of my heart.

Save Your Property is a national foreclosure prevention business that was founded by Herbert Addison, JD, CHC and Michael Taylor, Sr. Mr. Addison is a certified housing counselor and a member of the Virginia Association of Housing Counselors. Specialist housing counseling includes developing spending and savings plans and skillfully negotiating with lenders. They are also co-authors of How to Save Your Home, ISBN# 09753754–7, $ 19.95, SYH University, LLC, 2005, which is on sale at Amazon.com and has received an Excellent rating from bookreview.com.

We are the only foreclosure prevention business in the nation that has published a do-it-oneself-guide for the homeowner. It is not about the income, it is about the mission, Taylor mentioned. Our mission is to provide monetary literacy education to buyers with regards to wealth creation and homeownership retention.”

1 cause for their passion is since of previous personal financial experiences that parallel their clients. Mr. Addison agreed to disbarment following 3 years of litigation with the SC Bar. He would be eligible to rejoin the SC bar in 2007. In 2002, Mr. Taylor agreed to a two-year suspension from the SC Real Estate Commission which is now complete.

I virtually lost everything in 2002 and share my story of hardship in our book, said Addison. We really understand the emotional and psychological distress that the homeowner is experiencing simply because we have also been in foreclosure and have a passion for assisting them to succeed. said Taylor.

William Cost-free, III of Orangeburg, SC lost his property to a foreclosure sale in November of 2004. My lawyer recommended me to Save Your House and they worked with the lender to set aside the foreclosure sale and to take less money than what was owed so that I could get a loved ones member to repurchase the home said Free.

When asked about 7 complaints against their business filed with the SC Division of Consumer affairs, Mr. Taylor responded that they had supplied service to 1543 buyers in the Midlands and more than three,000 nationally. Seven is much less than a single-half of 1% of the clients served by our company in this location. For those consumers who are prepared to dedicate themselves to a spending and savings program, the achievement rate is about 90%. “Though our dedication is to excellence, it is imposible to satisfy absolutely everyone” Taylor added.

Joe Caton of Service Management, a major magazine focusing on default management verifies that Taylor and Addison are best specialists in the field of loss mitigation. Mike and Tony have been crucial note speakers for ABN-AMRO last year to discuss bankruptcy and default problems, Caton mentioned.

Mr. Lewis Whitener of Columbia, SC has also come forward to tell his story. They got the job completed for me” mentioned Whitener who received a loan modification from Midland Mortgage in June 2005 to quit foreclosure action against his property.

Walter McCloed of Kingstree, SC agrees. He was over $ ten,000 behind on a loan with Choose Portfolio Solutions and had a sale date scheduled on June six, 2005. The sale was stopped and all I had to come up with was a $ 1,500 down payment to get a repayment program. McCloed stated. Mr. Addison and Mr. Taylor had been extremely encouraging, skilled and walked me by means of the whole process.

Save Your Home’s housing counseling plan also worked for Awni Abuaita of Columbia, SC. “I employed the service to save my credit with a deed-in-lieu of foreclosure when my payment became also high,” said Abuaita.

Even though some might believe that foreclosure can’t be stopped with proper housing counseling, 5 customers have come forward to categorically prove otherwise. In addition, mortgage lenders have long recognized that loss mitigation saves houses and recognize Taylor and Addison as rising stars inside this location.

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