If you live in Orlando we can help stop foreclosure. We have helped many homeowners that want to stop foreclosure in Orlando. If you want a loan modification in Orlando we work with very qualified attorneys that will be able to help get a loan modification and assist in saving your home. If you are just tired of the process or upside down and want to sell your home but you do not think you can because you owe more than your home is worth or have had no offers, contact us because we work with very qualified agents. We are very successful at offering foreclosure help in Orlando and want to help you get a good night sleep knowing you have the most experienced team working with you to stop foreclosure. Fill out our foreclosure form and decide whether you want to save or sell by selecting the options on out foreclosure form
The new $7.5 billion allocated by the federal government to 18 specific states and the Washington DC for loan modification programs is looking out of control.
President Obama in February 2010 established “A Hardest Hit Fund” to provide assistance to homeowners in specific states affected by our economic downturn. There were specific states chosen based on unemployment that is at or above the national average they also looked into areas where house prices have lost more than 20% value.
The Hardest Hit Fund has been set up to help unemployed homeowners or troubled homeowners to pay their house payments and stop foreclosure.
It has been said that this program just delays the inevitable foreclosure of homes, or just a way to help banks, not a good program if the homeowners eventually end up in foreclosure. Now that the economy is looking better there are some homeowners facing foreclosure that can actually stop foreclosure.
The states that have been selected for the program are Alabama, Arizona, California, stop foreclosure Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, Mississippi, Nevada, New Jersey, North Carolina, Ohio, Oregon, Rhode Island, South Carolina, Tennessee, and Washington DC.
Click this link and can help stop foreclosure
Below are homeowners that we have helped stop foreclosure in Florida
City: Port St Lucie
State: Florida
Stop Foreclosure in Florida
County: St lucie
Please give us a brief history of your particular situation I am currently abroad (china) I fell short of the mortgage payments and property taxes due to deliquent tenants I owe $6000 in taxes and Three months mortgage ($2100) my mortgage company has referred my account to their foreclosure department.
My situation have slightly changed, but the Tax is the problem I can afford to pay the $680 monthly mortgage even if the property is not rented, but the back tax is the problem. It was $9000, and I managed to pay them (the mortgage company) $3000 in November 2010, agreeing to pay another $3000 by the end of December, but failed. we have a forclsure problem
City: Tallahassee
State: Florida
Foreclosure Help in Florida
County: Leon
Please give us a brief history of your particular situation I’ve been out of work for two years. I was working a part-time job but, that ended. I just got a full time job. But I am still behind due to my financial situation of not been able to work a full time job. Vanderbilt Mortgage. We need Foreclosure help
City: Jacksonville
State: Florida
Stop Foreclosure in Jacksonville
County: Duval
Please give us a brief history of your particular situation I lost my job in March and have been unemployeed and looking for a new job since that time with no success. I have been unable to make any mortgage payments or homeowners associations payments. About 6 months ago I tried to get the back to re-write my loan but I was told without a job it would not get re-written. I want to save the house and I think I am close to getting a job so maybe they will still re write the loan or something. Well Fargo Bank – origianlly Wachovia Mortgage Forclosure help Jacksonville Florida
City: Orlando
State: Florida
Foreclosure Help in Florida
County: Orange
I live in the United Kingdom and I bought a house in Orlando for the sum of 383.000 In may 2007. Monthly payments are $1600. When I first bought the home mortgage payments were around $ 1200 per month and the UK pound was around 1.77 to the US Dollar. The home is solely used as a rental property, we missed have missed 6 payments. I spoke to bank with my concerns about modifying but they refused to talk as was not a US resident. We are now in process of being in front of foreclose committee. I have spent over $150,000 US Dollars in deposits etc as well as topping up all other debits etc. A home on Tuscan as recently been sold from a bank for the sum of $ 156.000. And we still owe $320.000 we have over 9000 dollars in bookings this year at the moment. I have my own home in the uk which I pay my mortgage on I also have the run and costs of car, gas, water, etc to pay here. We would like to have the home modified or we would like to get a mortgage in the UK to pay off in full. I’m not to sure if they will loan me $320.000 dollars in the UK for a home what may end up being sold for $160.000. I am only person on mortgage. There are other people on deed to home If the home was modified Or we can control mortgage with a UK bank this would help. We had the loan Countrywide in USA who have now changed this to the Bank of America Foreclosure. We need foreclosure help with Bank of America
City: Miami
State: Florida
Help Stop Foreclosure in Florida
County: Dade
We were helping my grandmother take care of my grandfather that had cancer and then my wifes father had cancer. We were just trying to help pay for some of the medicine and lost truck. they both have past on and we just want to keep our house. We are now able to pay we just dont have 8,000 dollars. we need Bank of America loan help
There were some important changes that took effect on February 1, 2011 in the government’s Home Affordable Foreclosure Alternative (HAFA) Short Sale program. The short sale program set up by the Treasury Department has been revamped the program has easing income restrictions and the documentation requirements for homeowners facing foreclosure. The reason for the changes are to help streamline the HAFA short sale process and make the program more accessible to more homeowners in the US. The first eight months of the program has only processed 661 short sales.
The government finally got it and has made a significant change and eliminated the requirement and that requirement is that the homeowner’s monthly mortgage payment exceeds a 31% of the homeonwers gross monthly income. With this significant change it will allow many more homeowners to qualify for the HAFA short sale program and broaden it’s reach.
Another gotcha that the governement figured out and has changed is that it will allow more people to apply for HAFA. There was a previous requirement that would disqualify a homeowner and that is a homeowner could not sign a contract and vacate their property within the last 90 days. The change is that a homeowner could have moved out of their with 12 months. It is important to note that the property had to be the sellers principal residence prior to relocation.
There was also another change that pertains to secondary mortgages. Prior to the change, the investor on the second-mortgage was required to accept 6% of their unpaid balance, up to a $ 6,000 cap. With the new change, the $6,000 max for second mortgages remains in place, although the 6% rule has been taken out of the program.
A change that I find hard to belive but if it works out the HAFA process will require lenders to provide borrowers with a short sale agreement within 30 days.
Once accepted in the HAFA Short Sale program the sellers are entitled to a $3,000 relocation fee when a short sale is completed.
Lenders have the option to pay the seller a relocation fee on a successful surrender of title or when the seller vacates the property at a future date, according to a TARP Inspector General report.
In early 2009, President Obama Administration rolled out a Financial Stability Plan to address foreclosure issues that are at crisis levels and attempt to get the US economy back on track. One major section of the program is the Making Home Affordable Program, a program to attempt to stabilize the failing US housing market and assist struggling homeowners stop foreclosure.
The Home Affordable Modification Program (HAMP) allows qualified homeowners facing foreclosure. This program give homeowners facing foreclosure the opportunity to modify their mortgage payments in order to keep homeowners in their homes and making them more affordable. The estimates are over a million homeowners have been able to stop foreclosure and gotten help under the HAMP. The estimates are that the HAMP program will offer help to 3 to 4 million homeowners stop foreclosure by 2012.
On March 26 President Obama and his administration made an announcement of expanded flexibility for lenders to allow assistance for unemployed homeowners and homeowners that are upside down through HAMP.
There is also a program called the Second Lien Modification Program (2MP) which allows homeowners to be able to modify their second mortgages to make them more affordable when the first mortgage is modified under the Home Affordable Modification Program (HAMP).
There is HAMP Refinance Program that allows homeowners with loans owned by Fannie Mae or Freddie Mac the opportunity to refinance their homes into more affordable payment.
The Home Affordable Foreclosure Alternatives (HAFA) Program allows homeowners who can no longer afford their monthly mortgage payments stay in their home. The program is liquidation (selling property) for homeowners that were denied for a loan modification but want to stop foreclosure to transition to more affordable housing (rental) through a short sale of their home.
Our newest homeowner website, www.stopforeclosuresavemyhome.com provides detailed information and resources about foreclosure programs. We provide the application documents and free no obligation consultation necessary for homeowners to apply for the Making Home Affordable Program (HAMP).
We hope and are confident that you will find our website informative as we work with you to solve your foreclosure issues.
Florida foreclosure starts with a servicer (lender) filing a Lis Pendens, a court action that gives notice to the public including the borrower that a lawsuit is pending against the borrower. Florida is a judicial state so foreclosure actions are all court actions. The borrower and any other interested in parties are served in person with a notification of the foreclosure action. In some instances if an interested party can’t be found mail is delivered to last known address. In Florida any interested party is are given 20 days to respond to the foreclosure proceedings. An answer to the foreclosure proceedings can be done in person on the 20th day or write a letter. If an answer is not received the foreclosure proceedings continue and the lender pushes toward a final ruling.
The time frame is approximately 180 days for an uncontested foreclosure. The timeframe can be extended by answering and contesting the foreclosure action or if bankruptcy is filed. Florida does not have a right of redemption although if the lender receives full payment before the deed is recorded homeowners have been able to convince the court to reverse the sale. Florida has the right to pursue deficiency if the property is sold for less than what is owed.
Notice of Sale / Auction
The sale date is normally 31 days after the final summary judgment hearing, but the time frames may vary depending on the individual court. The clerk of court sends a notice of sale determining the location, the date, and the time of the sale. The notice is published once a week for two weeks, with the second notice appearing at least five days before the sale.
The clerk of Court handles the sale, and normally occurs at the county courthouse at 11:00 a.m. on the foreclosure sale date.
Within 10 days of the sale, the clerk transfers ownership to the winning bidder or lender if there were no bids over the banks attorney. After the certificate of sale is issued a borrower has no right of redemption.
If you’re at risk of having your home foreclosed on fill out our foreclosure form and we will work with you. Do not give up we may be able to help and keep a deficiency judgment off of your record.
There have been many cases of some Florida foreclosure rescue companies and attorney firms that promise to get you a loan modification are continuing to charge upfront fees and have been accused of not helping struggling homeowners stop foreclosure, according to the thousands of complaints filed with state attorney general’s office.
In the last year the Florida Attorney General received over 2,600 complaints about loan modifications companies and has 78 active investigations against companies in Florida.
American Residential Law Group (ARLG), a company based in Fort Lauderdale, has had complaints from 48 homeowners nationwide. Homeowner say they paid up to $3,000 for ARLG to negotiate with their servicers but day that have received little or no help and in some cases homeowners after payment still faced foreclosure and lost their homes. The Florida Attorney General has four lawsuits in Orlando and five lawsuits in South Florida area involving companies promising loan modifications.
A group that monitors and discipline for attorneys, The Florida Bar said there are 163 cases under investigation which involve 49 lawyers, which are working loan modifications.
Our firm doe’s thing the right way we stand behind our guarantee and have a money back guarantee, our job is not finished until you are satisfied. Contact us today
Has the US government attempt to help homeowners stop foreclosure and keep their homes failed? A government auditor that has been reviewing the foreclosure relief program said “YES”.
The program that was designed to help homeowners reschedule mortgage rates instead of losing their homes to banks, has fallen short and could be considered a waste of $29-billion, of the government’s Troubled Assets Relief Programs money.
The Home Affordable Modification Program (HAMP) also known as the Obama plan, is the backbone of the government’s $700 billion economic bailout plan for the financial sector and important industries including homeowners.
TARP has been accused of failing to realize its Main Street goal, of preserving homeownership has been a disappointment based on the goals that were set.
The HAMP program has been accused of poor design and administration which has not gotten to the root of the problems it was designed. The foreclosure numbers are up from 2.8 million foreclosure filings to 2.9 million homes this year.
There have been 238,000 loan modifications processed and the goal and promises said this program will help 2 million homeowners stay in their homes. There were only 18,000 home loans modified in the last quarter of 2010, that is a drop of 35 percentfrom the previous quarter.
The problems with HAMP have gone unnoticed and the promises and expectations set have fallen short and they are not changing. If you are facing foreclosure we can help you because we understand the rules and know how to get you qualified for a loan modification. Contact us today for a free no obligation consultation.
More and more borrowers are facing foreclosure while the economy is in a slump, the banks loss mitigation departments have been growing in leaps and bounds to assist homeowners in default. The loss mitigation retention department is the department that work with homeowners to stop foreclosure and keep homeowners in their homes.
The banks loss mitigation department is set up to (mitigate), reduce their loss and make decisions to determine what is the best course of action when a homeowner is facing a hardship. A foreclosure cost a lender about $ 50,000 based on 2009 estimates and loss mitigation department take steps to determine whether to do a loan modification or short sale.
In todays times mortgage servicer has employed some form of loss mitigation department. The departments are set up with many different roles and responsibilities there are set up coordinators (make sure all needed forms are collected), negotiators (assist homeowners determine best course of action), QA Department (check behind negotiators and closers have followed rules) and closers (work up deals and send out/receive and close out ). In most instances a loan modification is the best course of action for the loss mitigation department unless a homeowner is unemployed.
If a homeowner can no longer afford current mortgage payments, loan modifications seem to be the best solution to help homeowners modify their payments and avoid foreclosure. There are many companies promosing to stop foreclosure and modify your loan. Be sure to use a reputible company (most instances an attorney). Our attorneys can help click here and fill out our loan modification form.
The government came up with a program called the Home Affordable Modification Program (HAMP). Some call it the Obama plan but it was set up to stabilize the housing market. The plan is a good plan but you need to know the rules because you only get 1 chance to get in the program. There are no second chances. Be sure you know or contact us for a free no obligation consultation 877-YOU-KEEP or 877-968-5337 The basic understanding of the plan is This programs is to help homeowners with an affordable mortgage payment.
Contact us today, below is a list of homeowners that have contacted us to help stop foreclosure
City: Orlando
State: Florida
Stop Foreclosure in Florida
County: Orange
my hours had been cut off and on, I have also been off sick from time to time and got behind on everything. the middle part of 2010 I received a huge pay increase and I applied for several modifications and was turned down. I now make a very comfortable salary and now can afford my normal monthly mortgage I just don’t have the money to pay the arrears. GMAC Mortgage is the compay and because of a prior bankruptcy there is nothing else they can do. even though I filed a chapter 7 I did not include them. neither did my lawyer tell me about signing an affirmation agreement? I need help to save my home
