Product Description

This book is written by an investor who is specialized in mortgage foreclosures and default mortgage notes. It discloses secretes that lenders do not want you to know in mortgage foreclosures. It gives you step-by-step guide on how to save your home and credit, stay payment free, or walk away with cash legally if your home foreclosure is inevitable. By going through this book, you will learn followings: 1) Five key elements to fight against home foreclosure successfully 2) Step by step guide on how to achieve each of your goals 3) How to deal with your emotions to avoid costly mistakes 4) How to assess your financial situation and pick the right strategy to fight 5) How to respond to lender to pave the road to your success of avoiding foreclosure 6) Eight right options to save your home with examples 7) Four options to stop/delay home foreclosure to save your credit or stay payment free 8) Seven options to walk away with cash legally from home foreclosure 9) Important resources where you can get assistance 10) How to avoid foreclosure scam artists 11) How to write a good hardship letter with examples Table of Contents: Chapter 1 - Five Key Elements to Successfully Fight against Home Foreclosure Chapter 2 - Control Your Emotions to Avoid Costly Mistakes Chapter 3 - Foreclosure Myths, Laws, Timelines, Process, Lien Priority, and Consequences Chapter 4 - Why It Is Not Lender's Best Financial Interest to Foreclose Your Home Chapter 5 - Assess Your Financial Situation and Pick the Right Strategy to Fight against Foreclosure Chapter 6 - Respond to Your Lender Pave the Road to Your Success in Fighting Against Foreclosure Chapter 7 - Eight Options to Save Your Home A. Different Ways of the Loan Modifications by Examples B. Option 1 Obama Foreclosure Prevention Program C. Option 2 Reverse Mortgage for the Homeowners Aged 62 Years or above D. Option 3 Government Disaster Relief Program E. Option 4 Partial Claim of FHA Insured Loan F. Option 5 VA Programs for VA Guaranteed Loans and Active military Service Members G. Option 6 Make a Repayment Plan H. Option 7 Request Lender to Grant Forbearance I. Option 8 File for Chapter 13 Bankruptcy A Last Resort to Save Your Home J. How to Deal with Junior Lien Holder Chapter 8 - Four Right Ways to Stop/Delay Foreclosure to Save Credit or Stay Payment Free A. How to Sell Your Distressed Home B. Short Sales and How to Do It Right C. How to Do Deed-in-Lieu D. File for Bankruptcy a Last Resort to Stop Home Foreclosure Chapter 9 - Seven Right Ways to Get Cash Legally from Your Foreclosing or Foreclosed Home A. How to Get Cash from Buyer after Short Sale Is Completed B. Cash from Lender after Deed-in-Lieu Is Approved C. Cash from Lender after Your Home Is Foreclosed D. How to Get Cash out from Trustee Sale or Sheriff s Sale? Appendix A - Summary of the Foreclosure Laws by State Appendix B - Tips on How to Write a Good Hardship Letter Appendix C - Examples of Hardship Letters

Product Details

• Amazon Sales Rank: #2240825 in Books
• Published on: 2009-03-25
• Original language: English
• Number of items: 1
• Binding: Perfect Paperback
• 264 pages

Review
It helped me stay in my home without making any payments. --Linda P, Georgia

It helped me stay in my home without making any payments. --Linda P, Georgia It helped me walking away with $1,000 from my foreclosed home. --Rick, Los Angeles, CA This is the only book that tells you 8 ways to save your home from foreclosure, 4 ways to stop or delay home foreclosure to save your credit or stay payment free in your home, and 7 ways to walk away with cash legally from home foreclosure. --JJ, Georgia It helped me walking away with $1,000 from my foreclosed home. --Rick, Los Angeles, CA

It helped me walking away with $1,000 from my foreclosed home. --Rick, Los Angeles, CA

About the Author
Author John Wen is an investor specialized in mortgage foreclosures and property tax foreclosures. He is also an investor in default mortgage notes. He is currently living in Atlanta, Georgia. His son Michael Wen is the designer of the cover and also one of the editors of this book.

Customer Reviews

Must read even if your house is not forclosuered
Wish I read this book 12 months ago. Well, it is still not too late. I run into this book while I was dealing a credit card company trying to make some serious damage on my credit report.Well, I took recommendations laid out in this book to get my credit report straighten out. In my opinion it should be on everyone's reading list, even your house is not in any dangerous of being forcloured.