San Jose, CA (PRWEB) April 13, 2009
The Property owners Law Group announced the launch of its workshop series, free House Retention Workshops. Home owners who are behind on their mortgage payments or those whose month-to-month mortgage payments are anticipated to spike, will benefit from the insights and possibilities offered.

The subsequent workshop is scheduled on Saturday, July 25, 2009 at 2025 Gateway Spot, Suite 205
San Jose, CA 95110 from 10:00am – 11:00am and once more from 1:30pm – three:00pm. To discover far more, pay a visit to: HomeownersLawOffice.com/workshop

Attorney Hung D. Nguyen, Home owners Law Group’s lead lawyer, will be hosting the presentation. Topics such as the Obama Program, California foreclosure timeline and foreclosure prevention options will be covered.

With eight million houses projected to go into foreclosure more than the next three – four years in the U.S., loan restructuring is anticipated to be the top resolution to preserve families in their residence. By negotiating month-to-month mortgage payments down to cost-effective levels, home owners can successfully take their homes out of delinquency and look towards a more comfy future.

California home owners who took out loans or refinanced using Adjustable Rate Mortgages (ARMs) or Adverse Amortization (NegAm) loans are specifically vulnerable once their mortgage payments reset to a greater level.

As the foreclosure crisis widens, lenders have historically been slow in working with property owners to resolve their mortgage default problems. One particular of the choices to be covered for the duration of the presentation is for homeowners to discover the advantages of retaining legal counsel to negotiate on their behalf and secure lender cooperation in the negotiation of their loan terms.

“We are seeing property owners with great jobs and decent incomes fall into default due to important increases in their mortgage payments. Subprime is no longer just the culprit. Adjustable Rate Mortgages are now forming the next wave of foreclosures”, according to Lawyer Nguyen, Lead Lawyer.

A list of non-profit organizations that give housing counseling will also be provided in the course of the workshop so home owners can look into as numerous feasible sources of help.

About Home owners Law Group:
Homeowners Law Group is a law workplace exclusively devoted to representing consumers negotiate loan workouts of their mortgages. Its practice is restricted to California homes.

RSVP:
Hung D. Nguyen, Attorney-at-Law
Homeowners Law Group
1-866-991-1969
http://www.HomeownersLawOffice.com

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