BANKS SHOULD BAIL YOU OUT BEFORE THEY FORECLOSE YOU

26 Nov

YOUR LENDING BANK’S “PRE-FORECLOSURE BAILOUT”. DON’T LET YOUR HOME GO INTO FORECLOSURE; THEY CAN BUY IT FROM YOU AND YOU CAN STAY LIVING IN IT.

No bank will lend you a helping hand to get you out of the bad situation UNLESS THESE – LENDING BANKS – SEE PROFITS IN THE TRANSACTION.

Foreclosures are merciless when it comes to recover their money. The minute the bank sends you summons for Foreclosure you are already losing money in ATTORNEY expenses; since day one.

We have one way out from such bad situation, and a way to help you to straighten out your life and for you to rectify your FINANCIAL LIFE in the near future, if you think you can go afloat again.

Yes, BANKS WOULD AND SHOULD buy your home from you BEFORE FORECLOSURE, and get a new BUYER INVESTOR to BUY it FROM THEM, and give YOU a contract  that will put you in the position for you to “Lease-Option to BUY it back” from this new BUYER INVESTOR – at a sustainable LOWER price – so you can afford to PAY FOR IT, and STAY IN IT until you CAN either buy it back from this new BUYER INVESTOR as convened in the Lease-Option contract, or you can just walk away from it to another new home for you and your family.

How is this works…? Let’s take a look at the following scenario….

Assuming your house was worth $310,000.00 Dollars when you purchased it, and you STILL owe on it….let’s say $240,000.00; but that HOME- now days is worth only $120,000.00 Dollars. What this really means is that you would have NO EQUITY at all, but the LENDING BANK may still see a way out through collection from FDIC.

Then, Your LENDER your BANK will put your house for sale LOOKING to get a BUYER INVESTOR TO BUY IT. You will be financed by one of these INVESTORS PLANS . The BUYER INVESTOR would pay your BANK a price based on a recent APPRAISAL of said property. Once done, the new BUYER INVESTOR will EXECUTE – with  you – a contract to “Lease-Option to Buy”  YOUR property back to you for a monthly payment you can afford to PAY FOR IT. Better yet, if this – MONTHLY RENTAL PAYMENTS – is lower that the monthly mortgage payment you HAD and now you can really afford, until you get to rectify yourself, or you straighten your financial situation and recover your property back COMPLETELY. Also, you can quietly walk away from that home to another home for you and your family. Just picking up whatever is left over from the old EQUITY if you ever still had one.This mathematical scenario would be the path to your solution.

ASK YOUR LENDING INSTITUTION IF THEY CAN GO THIS WAY TO HELP YOU, AND A LONG THE WAY TO HELP OUR NOT SO GOOD NATIONAL ECONOMY.

FOR MORE REFERENCE READ THE FOLLOWING ARTICLE BY

Saturday 26 November 2011

Foreclosed Homeowners Re-Occupy Their Homes Zaineb Mohammed, New America Media: “On Dec. 6, there will be a national day of action, ‘Occupy Our Homes,’ where people across the country facing predicaments similar to Gage and Richardson may follow their lead. Partly inspired by the Occupy movement, the day of action is supported by various community organizations like Take Back the Land and ACCE. The call to action is for people to move back into their foreclosed properties and to defend the properties of families facing eviction.” Read the Article

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