Tag Archives: Saves

Blogger Saves 18 Residences From Foreclosure in Less Than 6 Months With His Internet Web site

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Corona, CA (PRWEB) February six, 2008

As foreclosures nationwide skyrocket, one site has vowed to aid property owners hold their residences. LoanSafe.org (http://www.loansafe.org) is the brainchild of Moe Bedard, a California man who is employing his connections in the industry to save homeowners from specific foreclosure and he’s undertaking it all for free.

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Bedard launched the special website six months ago as a place where folks facing foreclosures and skyrocketing adjustable rate mortgages could meet and discuss their options. In in the previous six months the internet site has grown to practically 1,000 members and has effectively saved 18 home owners from foreclosure.

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All 18 of the property owners stories have been chronicled on the Net website. Most of the members fought for three-4 months before getting a loan modification that could save their homes. Nevertheless, their perseverance prevailed, as one particular member of Loan Secure even received a personalized loan modification letter from the office of Angelo Mozilo, President of Countrywide.

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“As the foreclosure epidemic continues to grow, I see much more and far more people seeking for help,” said Bedard. “As two and three year adjustable rate mortgages begin to reset, men and women are locating themselves hunting for anything that could possibly save their houses. There was a need on the Internet for a secure and totally free place, where property owners could meet and get vital info that would aid them save their residences. I felt I could give some beneficial information to these individuals, such as how to get a loan modification, so I began LoanSafe.org. I had no concept it was going to develop as quickly as it did. I guess even I underestimated the impact these adjustable rate mortgages are having on the nation.”

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In it really is quick six month life, LoanSafe.org has currently received more than 500,000 visits. In contrast, the Hope Now Alliance, a totally-funded government plan produced to help property owners in much the identical way as LoanSafe.org, has only reached about 200,000 people in the past six months. Bedard credits the members of LoanSafe.org for its accomplishment.

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“The forum is full of home owners, attorneys, foreclosure prevention &amp loan modification authorities, and typical people and no one is asking for anything in return,” stated Bedard. “We’ve proven that most individuals can keep their houses, they just have to discover what demands to be accomplished.”

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“Properly it really is ultimately more than! We got our loan modified and fixed for the subsequent seven years,” stated a Texas lady who goes by the name of TxAngel. “If it weren’t for this forum, I do not know if I would have done any of it the proper way. I did not even know what a loan modification was.”

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For much more info on LoanSafe.org, please visit http://www.loansafe.org

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About LoanSafe.org&#13

LoanSafe.org is a support community that is constructed about the premise of paying it forward. Their primary purpose is to support homeowners discover ways to effectively stop foreclosure on their residences.

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Speak to Information:&#13

Moe Bedard&#13

moe @ loansafe.org&#13

951-736-6796&#13

http://www.loansafe.org

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California Attorney’s Loan Modification Plan Saves Residences & Stops Foreclosure, Obama Program Disappoints…One particular Woman’s Story

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Moreno Valley, CA (PRWEB) September 8, 2009

Like many difficult-operating Americans these days, Elva Loera’s life was turned upside down when she was forced to close down her modest business. With tiny savings to offset a money flow crisis, her family’s extended-term financial future was all of a sudden in jeopardy. Regrettably, the worst was yet to come as Elva’s husband also lost his job. “I have usually taken pride in meeting my obligations,” stated Elva. “I genuinely did not know how we would ever survive or when we would function once more.”

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Regardless of their efforts to discover employment, the Loera loved ones have been unlikely victims of a shrinking economy as they struggled to replace lost revenue. With sources beginning to dissipate, Elva contacted her lender for help as she started to slip additional behind on her mortgage. According to Loera, “My lender created promises and in no way followed via. I kept hearing about how the government applications would provide relief, but my lender did not care. I had nowhere to turn.”

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A number of months later, Elva received a Notice of Default from her lender and a Trustee Sale date was set to auction her residence to the highest bidder. “This is the home where my kids had grown up and they have been taking it away without providing any aid. I was angry and frustrated and had no option but to move out of my residence.” With but a few days remaining just before the auction, a friend of Elva’s recommended that she get in touch with an attorney she had heard about, Joseph Hoats and his not too long ago announced, Homeowner Stability Solution. With nothing at all to drop, she known as Hoats to see if there was any hope for relief from her desperate situation.

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Using a make contact with with Elva’s lender, Hoats and his Loan Modification team persuaded them to postpone the impending sale date and began serious negotiations. Combining his proprietary approach, which includes aggressive negotiating methods and a litany of legal techniques, Hoats provided Elva with renewed hope. Said Elva, “I am a fighter and I in no way gave up hopeI prayed every day and my belief in a optimistic outcome by no means wavered.”

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Racing against the clock, the persistence of this unflappable California homeowner paid off abundantly. Within days of the second scheduled Trustee Sale date, Attorney Hoats contacted Elva with the very first positive news she had heard in months as the lender lastly agreed to settle the prolonged ordeal. The settlement not only took care of Mrs. Loera’s back payments and penalties, it supplied her with a completely amortized, 30 year, fixed rate mortgage at 3.689%, down from her original price of 7.676%. This massive payment reduction supplied a extended-term solution to her money flow difficulty and new the peace of thoughts that had eluded her for virtually one year. Nowadays, Elva has a new effective company and when once more resides in her beloved house with her family members. “I can sleep once more, and I in no way take anything for granted. I will forever be grateful to Joseph Hoats for saving my residence. He is not just my lawyer, he is my friend.”

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Hoats commented, “Elva is not unlike our typical client who has knowledgeable some economic hardshipa job loss, income reduction, divorce or medical dilemma that tends to make it difficult to spend the monthly mortgage payment. Like Elva, these are good, hard-operating, family members-oriented Americans who have fallen on hard occasions, by way of no fault of their own, and they need to have compassion, aid, and a legal game program to save their home.”

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Although Elva’s story has a satisfied ending, millions of Americans continue to be ignored by their lenders and the Federal Government as foreclosures continue to rise. Hoats concludes, “Without having experienced legal representation that has deep operating relationships with important lenders, buyers will continue to fail in their efforts to personally facilitate a productive Loan Modification. At Homeowner Stability, it is all about our clientwe are focused on lasting solutions that are in the ideal interest of the customer, not just the lender’s very best interest.”

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About Joseph Hoats:&#13

With more than 20 years of encounter as an Attorney, Joseph Hoats has worked for the rights of the customer all through his career. Functioning together, his team of committed experts has perfected the Loan Modification method with the introduction of their proprietary Homeowner Stability Solutiona systematic method accountable for maintaining hundreds of distressed Homeowners in their residences and avoiding foreclosure.

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Joe is a graduate of Vanderbilt University and has practiced law for over two decades. He has litigated in the regions of Real Estate Law, Bankruptcy Law, Foreclosure and Loan Modification, Trust Law, Probate Law, Company Law and has in depth experience with Litigation in State and Federal Courts. He is an active member in great standing with the State Bar of California, State Bar #141599.

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American Residential Law Group Saves Client Over $80K

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Fort Lauderdale, FL (PRWEB) Could 24, 2010

With foreclosures nevertheless peaking in todays economy, American Residential Law Group, a law firm specializing in home loan modification help and service, helped a single client, Gloria Gibson, quit the foreclosure procedure by lowering her monthly mortgage payment by an typical of 40%, saving her a total of $ 87,200 more than the course of her loan.

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Gibson contacted American Residential Law Group in April for a loan modification. Following her husband passed away, Gibson was struggling to keep current on her mortgage payments. As a result, the bank scheduled a sale date and told her a brief sale was her only alternative. With the aid of American Residential Law Group, she was capable to minimize her interest rate from 7.65% to 4.875% for the life of her loan, bringing her away from the risk of possible foreclosure.

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“What an knowledge I have had! American Residential Law Group is leading of the line they actually saved my life, mentioned Gloria Gibson, American Residential Law Group consumer. When I met the folks from American Residential Law Group, I told them about my desperate situation and they took it from there. I talked to Wells Fargo and couldn’t get via, but American Residential Law Group was able to get it they modified my loan.”

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This success story is one particular instance of how American Residential Law Groups attorneys are efficient at permanently securing the terms of their clients mortgages to benefit them in the quick and lengthy term. Their experience continues to aid their customers get authorized for government backed residence applications, whilst avoiding the dreaded foreclosure on their houses, primarily by modifying their loans or payments.

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We are satisfied to share optimistic news about our consumers and how our solutions advantage them, stated Joel S. Jacobi, Managing Lawyer of American Residential Law Group. We take pride in being capable to assist homeowners in the course of these challenging times no matter whether we bring their loans current, decrease their monthly payments, retain their credit scores, preserve possession of their properties or a mixture of the above.

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To find out more about residence mortgage modifications and how American Residential Law Group can be of assistance to you, pay a visit to them at http://www.ARLGNow.com.

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About American Residential Law Group: American Residential Law Group is a law firm that strives to supply the community with legal help and all the rewards to which customers are entitled below the law. With a considerable background in all areas of customer advocacy, American Residential Law Group remains committed to delivering integrity and excellence for their customers and rising their top quality of life.

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Premier Industrial Debt Restructuring Firm Covendium Saves Family Enterprise in Moment of Crisis

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Orlando. FL (Vocus/PRWEB) March 22, 2011

Covendium has a lot of years experience restructuring companies in deep financial trouble, but they had rarely noticed a case quite as heartbreaking as Clark Properties Corp. A devastating plane crash place owner Andy Clark in the hospital and killed his father, Douglas. Their home development company was already underwater from the bursting of the true estate bubble. Economic institutions were refusing to extend credit, and the cash flow had all but dried up. Andy reached out to Covendium, the premier commercial debt resolution firm, and they had been able to assist him keep the business afloat and negotiate his healthcare bills. At the hardest moment of his life, Covendium helped Andy uncover his way.

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In Might 2009, the twin-engine plane flown by Andy Clark ran out of fuel and crashed just after takeoff at Daytona Beach International Airport, breaking Andys back, tearing his aorta, and ripping the skin off his forehead. His 80-year-old father, Douglas, was dead. Andy was hospitalized and in a coma in the course of the funeral. When he came to, he had to face the loss of his father and the slow recovery from a number of surgeries. His face was stitched with each other more than a piece of mesh, he had a stent in his heart, pins in his nose and back, and it was unclear no matter whether he would ever stroll again.

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That would have been tough enough for anyone, but he also had to deal with a company that was going towards the red in the down economy. Clark Properties, the household company, had several properties, condos, purchasing centers and office buildings that have been losing value in the wake of the 2008 recession. Units were standing empty or selling below the developing expenses. They could make their interest payments, but werent obtaining anywhere on the principal. Andy tried to take out loans, but lenders have been skittish about extending credit to actual estate ventures. Thats when he turned to Covendium.

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“Andy was a classic case,” Covendium President Doug Extended told the Orlando Sentinel. “Negative cash flows were eliminating the legacy of the family members company, and there were numerous negations on every asset. Our strategy was: ‘Let’s figure out what we can keep in the life raft.’ “

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Covendium helped restructure Clark Properties, cutting down the size of the firm and promoting many of Andys assets. They were capable to negotiate loan modifications with most of Clarks lenders, and worked out a payment plan for Andys medical expenditures.

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It was definitely do or die, said Andy. We sat down and made a planlike a bankruptcy program, with no filing bankruptcyand figured out how to get the cash flowing again. They are specialists at developing a group to aid you survive.”

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Covendium helped Clark Properties figure out how to turn their negative fortune about. For instance, the constructing where Clark Properties is based was otherwise empty in 2009 nowadays its at 60% capacity.

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Andy is out of his back brace and healed from his reconstructive surgery, and now hes focused on the future of his enterprise. “Hopefully, some day I’ll be capable to start off developing once again,” he stated.

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For more information about how Covendium was in a position to assist Clark Properties, or any of Covendiums merchandise or services, contact them at (407) 284-4000 or view them on the net at http://www.covendium.com.

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About Covendium&#13

Covendium specializes in comprehensive industrial debt restructuring and resolution for consumers whose monetary model has been destroyed by debt service payments that have turn into unsustainable.

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For some customers, all they require is an seasoned negotiator to offer their lender with the reality of the monetary scenario and the tool-set to restructure their obligations. For other consumers, Covendium may help in the replacement of the debt from a bank to a private funding supply.

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Their team of specialist advisors has effectively restructured billions in transactions, with dozens of banking institutions (like major national, regional and community banks) and over 30 separate non-bank financial counterparties.

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Undesirable things happen to good individuals. Covendium is a premier national debt resolution firm that aids their consumers with almost everything from avoiding bankruptcy in Chicago to industrial debt restructuring in Charlotte to eliminating private guarantees in Miami to avoiding industrial foreclosure in Phoenix.

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Avid Law Center Saves Disabled Homeowners from Foreclosure

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Aliso Viejo, CA (PRWEB) November 17, 2011

Avid Law Center, an Orange County, California-based genuine estate and litigation law firm, accomplished an additional winning case outcome with the effective negotiation of an affordable mortgage loan restructuring program for their consumers, Sergio and Maria Alunan of Antelope, Calif. Each property owners are wheelchair bound due to physical disabilities.

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The new terms of the Alunans mortgage restructuring, settled via Chase, integrated lowering the interest rate to a fixed two % (two%), a 120-day mortgage term extension, and a new decrease reasonably priced mortgage payment of only $ 669.00. Their lifetime month-to-month payment savings, over the life of the loan, is expected to exceed more than $ 374,000.00.

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My husband and I had been going by means of a quite challenging and confusing time, trying to make sense of our possibilities for staying on leading of our mortgage payment. We had heard that lenders were tough to deal with and we didnt trust our knowledge of the program. That was why we decided to perform with Avid, mentioned homeowner Maria Alunan. Now we can afford this new payment and we can rest assured that we will not be losing our residence. We are overjoyed at the outcome and couldnt be far more grateful to the group at Avid for assisting us fight to preserve our house.

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The Alunans bought their house as the housing marketplace was expanding in 2002. They are both physically disabled, requiring electric wheelchairs for their mobility, so they spared no time in creating their new house wheelchair accessible. More than the subsequent 5 years they spent considerable cash creating essential improvements and enjoying their American Dream of residence ownership. In 2007, Mr. Alunan lost his job due to legal, overall health, and financial reasons. The couple began struggling to pay their mortgage and quickly found they were unable to refinance due to the excellent loss in the worth of the house. Their hardships again enhanced right after Mr. Alunan suffered a stroke and was injured in a serious automobile accident. Now totally unable to return to perform, the couple struggles even additional in generating their mortgage payments on their disability rewards alone.

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Upon receiving the case, Avid Law Center moved quickly to compile a loan restructuring package. Their perform helped the couple total the needed monetary applications, hardship letter, and the supporting records for the banks to assessment. Avid then sent a legal demand to Chase, their lender, warning of possible litigation, but seeking to resolve their hardship and loan concerns via a affordable settlement, modification, and a restructuring of their loan.

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The loan modification procedure can be extremely stressful and frustrating to property owners in monetary distress. Banks are notorious for dragging their feet, misplacing paperwork and at some point denying modifications to move forward with foreclosure, said Hiro Watari, a loan restructuring lawyer for Avid Law Center. Aron Rofer, President, CEO and Managing Attorney for Avid Law Center additional commented, Our aggressive strategy demanded swift action and has helped the Alunans preserve their home on reasonable and fair terms. We take each of our consumers conditions very personally and it is a pleasure to know weve genuinely helped so a lot of deserving customers through our hard perform.

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Avid Law Center lately announced it had reached its 600th winning case outcome, effectively advocating for millions of dollars in mortgage debt relief for its clientele throughout California.

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For more data please pay a visit to http://www.avidlawcenter.com&#13
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About Avid Law Center &#13

Based in Orange County, California, Avid Law Center is a full service Real Estate Litigation Law Firm representing shoppers all through the state. With more than 30 years of legal expertise, as nicely as considerable expertise in organization and finance, Avid Law Center challenges banks on behalf of their clients to quit foreclosure and minimize clients’ mortgage payments to an cost-effective amount.

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The information in this release is for basic data purposes only. Nothing in this release or on the Avid Law Center internet site or blog need to be taken as legal guidance. Prior successes are no guarantee of future overall performance. Litigation is inherently uncertain and final results in litigation are never ever guaranteed.

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Central New York Property Management Firm Saves $three,994 Per Month Right after Exterior LED Lighting Upgrades By means of the National Grid Small Company Solutions System

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Syracuse, NY (PRWEB) June 11, 2013

Carlton Management, LLC, a multi-family residential and commercial house management firm, reduced its annual power consumption by 431,059 kWh soon after implementing exterior LED lighting upgrades to seven apartment complexes and 4 shopping plaza properties in Central New York. The lighting upgrades were completed by SmartWatt Energy through the National Grid Little Enterprise Solutions System and are expected to save the organization $ three,994 per month in energy costs.

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SmartWatt Power performed a complimentary power analysis of all outside lighting, and proposed a strategy to replace the current inefficient exterior parking lot, developing, and canopy lighting systems with energy-efficient LED lighting fixtures throughout 11 of Carlton Managements properties. These exterior LED lighting upgrades came with a National Grid incentive of $ 108,384 and, according to National Grid, are anticipated to spend for themselves in approximately 24 months. This power savings project, designed to eliminate pollutants from the air, is expected to supply the same benefit to the atmosphere as planting 7,798 trees, according to U.S. Environmental Protection Agency calculations.

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SmartWatt Energy is the administrator and implementation contractor for National Grid’s Modest Organization Services Program in Central and Northern New York. The National Grid Small Business Services System assists firms with an average peak demand of 100 kW or much less per month conduct energy-effective upgrade measures. By way of this system, SmartWatt Power will supply a complimentary power evaluation, and National Grid will spend up to 70 percent of the installation charges completed by SmartWatt Energy and finance the remaining amount interest-cost-free for up to two years.

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About SmartWatt Energy, Inc.&#13

SmartWatt Power is a distinctive power-efficiency firm. It provides turnkey options for utilities, commercial, industrial and institutional consumers and also develops proprietary computer software that streamlines internal workflow processes and provides extensive plan reporting. SmartWatts three divisions use cutting-edge technologies, style and processes to take on and solve their consumers toughest sustainability challenges:&#13

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The Commercial, Industrial and Institutional Division performs with end-use clientele all through the United States to design and install multi-measure power-efficiency projects. Customers appear to SmartWatt to supply large-scale savings by means of turnkey energy auditing, engineering, project management and installation services. &#13
The Utility Division contracts straight with utilities to handle their industrial power efficiency programs. SmartWatts vertically integrated system delivery platform guarantees utility system achievement and client satisfaction, due to the fact all elements of the utility system are handled by a talented, integrated, cross-functional group.&#13
The Software program Development Division creates customized, proprietary application applications to enhance efficiencies and supply added value to utilities and national accounts clients.

SmartWatt has won an Inc. magazine Employ Power award and has been named the 5th Quickest Developing Private Engineering Company in the United States on the magazines annual 5000 list. For a lot more data, visit http://www.smartwattinc.com.

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LoanSafeMods.com: Single Mom Saves House Making use of The REST Report

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San Diego, CA (PRWEB) March 17, 2013

LoanSafeMods.com has been supplying the REST Report as an analytics tool for house owners who are searching for loan modifications or other foreclosure alternatives. To date, the REST Report has helped far more than four,000 folks to get their modifications effectively authorized. As component of the work to spread the word about this really helpful tool for troubled homeowners, LoanSafeMods.com has released a number of private overview videos from people who had been helped by the REST Report method.

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One such interview is with Linda, a single mother living with her daughter in Oceanside, California. Lindas story is one particular that several home owners who have been struggling with mortgage modifications can relate to. Linda, who sits in her sunny garden in the video, begins by saying that she spent nearly two years attempting to get her modification approved, but had completely no achievement.

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Just before she found the REST Report, Linda had applied and reapplied for the modification the bank telling her every single time that either her application was incomplete or that as well much time had passed and she would have to resubmit the application. She genuinely didnt recognize what they have been looking for.

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Linda says in the video, “It was so perplexing to me because I had sufficient income, I had all the criteria and they kept telling me ‘You have to resubmit, it really is been 3 months. You have to send in a new application.’ I consider I applied at least three, possibly four, times!”

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Right after two years of this and no finish in sight Linda was on the verge of providing up.

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“The scariest element was considering that I was going to shed my property.” Linda says, in the interview, “I have a small girl and she’s been right here all her life, born and raised, and this where we live! This is our garden! This is our little house! This is where we want to be! But we have been in limbo the entire time. We had no concept what was going on and it was just scary to feel we’d be out the door anytime.”

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Finally Linda located the REST Report on LoanSafeMods.com and decided to give it a try.

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I needed to realize the numbers better since no 1 at the bank was explaining it to me. So I had a REST Report accomplished and I looked at it and it was the initial time that the process created any sense to me. It was extremely beneficial!

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From the time Linda ran the REST to the time her modification was ultimately authorized was just a matter of a handful of weeks. This video just shows how the REST can be employed to turn about even seemingly hopeless situations. From paying nearly $ 3,000 a month on her loan, Linda now only pays about $ 2,one hundred.

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Linda ends the review by saying, I want to thank you guys so much. The REST Report saved my day. It made every little thing excellent for my daughter and myself. Thank you so much!

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These interested in understanding much more about the REST can click here for more REST Report reviews.

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