Tag Archives: Surviving

New Book Gives Approaches for Stopping, Surviving and Overcoming Foreclosure

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Washington, DC (PRWEB) September 10, 2008

The American Nightmare is a new book by veteran housing counselors Sylvia Alvarez and Walter Walker Jr. that offers distressed homeowners tips and strategies that can help them avoid, survive and overcome foreclosure. The book offers a step-by-step analysis of the reasons people wind up in foreclosure, the obstacles they must overcome and the practical solutions available to them. Published in partnership with the National Association of Hispanic Real Estate Professionals (NAHREP), FREE downloadable excerpts from The American Nightmare are available in English and Spanish and include important information about your options if you are in default on your mortgage.

The authors were inspired to write the book after being deluged by people in financial distress, seeking help from the prospects of foreclosure. The book offers the same practical advice they have delivered to thousands of beleaguered homeowners, many whom were able to overcome foreclosure. Readers will learn about the most common reasons why people end up in foreclosure, the lender’s perspective in the foreclosure equation and what homeowners can do to negotiate a favorable outcome. FREE downloadable excerpts from the book offer homeowners advice on options to take if they are in mortgage default, including:


What the lender needs to know about the homeowner’s financial situation;
How to negotiate a workout agreement;
How to develop a debt repayment plan;
The definition of a mortgage modification and what the lender needs to know before they agree to adjust the interest rate on a loan;
What is a partial claim and how it can be used to help move a homeowner out of default;
What is a short sale and when is it a good option for homeowners.

“American Nightmare offers distressed homeowners practical advice on what to do if they are behind on their mortgage. Too many times, people are doing nothing to save their homes simply because they don’t know their options. Becoming informed about the tools available to them is the first critical step they must take,” said Rebecca Gallardo-Serrano, Chairman of NAHREP.

The National Association of Hispanic Real Estate Professionals, a non-profit 501c6 trade association, is dedicated to increasing the homeownership rate among Latinos by educating and empowering the real estate professionals that serve them. Based in Washington D.C., NAHREP is the premier trade organization for Hispanics and has more than 15,500 members in 48 states and 62 affiliate chapters.

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Surviving and Thriving a Mortgage Meltdown Easyquote123.com Launches to Offer you Swift Data and Solutions in Today’s Volatile Property Financing Marketplace

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East Norriton, PA (PRWEB) February five, 2009

Exactly where some individuals see crisis, other folks see chance – and in John Latterner’s eyes, the mortgage meltdown provides a lot of chance for the savvy company executive.

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At a time when mortgage firms are jumping through hoops (federal background checks, new licensing specifications) to keep afloat or going out of enterprise altogether, the principals at East Norriton’s Apex Lending Inc. are searching at the challenges as a chance to break by means of current markets and open up new ones – with mortgage modification leading the charge.

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As the regional sales manager for Apex Lending, Latterner recently launched EasyQuote123.com to provide customers fast info and options to today’s volatile house financing industry. The 38-year-old Penn State grad, who has worked in the industry for such former heavyweights as Bank of America, Fidelity Mortgage and Suntrust, has produced a extensive, user-friendly website for homeowners and potential homebuyers.

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In addition to offering up-to-date data on mortgage modification options and totally free rate quotes, the site features a complete host of interactive calculators developed to aid buyers figure out such important concerns as:

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Guerilla Techniques for Financially Surviving a Layoff Guidelines from Apprisen Financial Advocates

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Columbus, Ohio (Vocus) August 31, 2010

Apprisen Economic Advocates is a national nonprofit customer credit counseling agency that supplies individual economic counseling and financial education. Listen to the news or read your local paper and the economic news does not look to be getting any much better. The typical American household is only a paycheck or two away from economic distress.

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The initial reaction to becoming laid off can bring feelings of fear, anger, disbelief and sadness, says Michael S. Kappas, President and CEO of Apprisen Financial Advocates. It is crucial to acknowledge these feeling, but move beyond them to take control of your finances. Possessing a get-it-done attitude is vital to surviving a layoff throughout these challenging times, adds Mr. Kappas.

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Apprisen offers these layoff monetary survival suggestions:

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Crunch the numbers:&#13

Figure out your current monthly net income. Identify how a lot of pays are left at your present earnings and estimate your new income level soon after the layoff.

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Make housing your priority:&#13

There are several choices available for financially strapped homeowners, including loan modifications and forbearance applications. Make contact with your mortgage organization instantly. If you have difficulty functioning with your bank or are uncomfortable operating with them, contact a HUD approved housing counseling agency. They will aid discover the proper remedy for your situation. The counseling is free of charge.

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Get lean:&#13

Every single month spend your fundamental demands very first (utilities, food, medicines, and transportation). If money remains, keep other creditor accounts present.

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State the information:&#13

Make your creditors aware of your employment status. Ignoring them will only add tension and produce more troubles later. Communicating with them increases the likelihood they will perform with you to explore choices, such as particular hardship applications. Only agree to payment arrangements that are realistic for your new circumstance.

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Avoid the credit trap:&#13

The temptation to use credit throughout a financially-tight time may seem like an simple answer but can lead to added debt with lengthy-term consequences.

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Dont go it alone:&#13

Take benefit of community sources such as social service agencies and faith-based organizations and make them element of your employment transition team.

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For extra financial details on surviving a lay off and cash management and debt counseling, make contact with Apprisen at 800.355.2227.

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Apprisen Financial Advocates, a national nonprofit credit counseling agency, has been assisting consumers handle their finances and get out of debt since 1955. Certified counselors offer funds management, debt counseling, HUD-authorized housing counseling and monetary education. Services are provided in-particular person in ten states by means of regional offices and nationally by telephone or through the World wide web. The oldest nonprofit credit counseling agency in the country, Apprisen Financial Advocates is identified in its local communities as Consumer Credit Counseling Service (CCCS). Accredited by the Council on Accreditation (COA), Apprisen is a member of the National Foundation for Credit Counseling (NFCC), the Much better Business Bureau (BBB), and AICCCA. For far more information get in touch with 800.355.2227 or go to http://www.apprisen.com.

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