THE CRISIS AND THE ANSWER!

2010-04-09T10:52:00.001-07:00

BANKS ARE SEEING RECORD NUMBERS OF FORECLOSURES.

AND IT IS GETTING WORSE!

Wall Street Journal-October 2008

Housing Pain Gauge:
Nearly 1 in 6 Owners "Under Water"
More Defaults and Foreclosures Are Likely as Borrowers With Greater Debt Than Value in Their Homes Are Put in a Tight Spot

http://online.wsj.com/article/SB122341352084512611.html

Business Week-February 2009

The Risk from Underwater Homeowners

Obama's $75 billion mortgage rescue plan doesn't address the danger that more homeowners whose equity has evaporated might just walk away

http://www.businessweek.com/bwdaily/dnflash/content/feb2009/db20090218_423745.htm

Time Magazine-March 2009

Nearly 1 in 5 Owe More Than Homes Are Worth

http://www.time.com/time/business/article/0,8599,1882975,00.html#ixzz0hJU8rJgM

Wall Street Journal - November 2009

One in Four Borrowers Is Underwater

http://online.wsj.com/article/SB125903489722661849.html

Wall Street Journal- "Market Watch" -February 2010

11.3 million homeowners underwater on mortgage

http://www.marketwatch.com/story/113-million-homeowners-underwater-on-mortgage-2010-02-23

Here's an article from "THE COMING DEPRESSION.NET"
with the answer for homeowners

THROW YOUR KEYS AT THE BANK

http://www.thecomingdepression.net/main-street/repossession/academic-says-underwater-homeowners-should-throw-keys-at-bank-arson-insurance-fraud-on-rise-as-defaults-increase/

Recent Article from Channel 15 ABC News -Phoenix, AZ
Telling of a big trend in the Valley of the Sun

http://stp.abc15.com/content/financialsurvival/azstories/story/Walk-away-from-your-home-More-owners-turn-to/kvvp3c8-A0u0oi0dS8YOxg.cspx

HOLD ON

DON’T GIVE UP YET!

HELP IS NOW AVAILABLE

IN THE

“PRINCIPAL REDUCTION PROGRAM”

IT ADDRESSES BOTH PROBLEMS HOMEOWNERS FACE:

HIGH MORTGAGE PAYMENTS
&
HIGH MORTGAGE BALANCE

The "Short Pay Refi / Principal Reduction Program" is an exciting new mortgage product designed to help American families maintain their most important asset. THEIR HOME!!

The program is designed to benefit all parties involved. The lending institutions, the community, the Real Estate Market and most importantly You!

The banks and mortgage institutions are loosing billions of dollars on defaulted notes and foreclosures. They in turn have to absorb the cost to refurbish the property, pay any delinquent property taxes, HOA fees, foreclosure costs, Realtor commissions and any other expense associated with each property. If the mortgage holder is fortunate enough, they will recoup 35 to 40% of current market value of the property and lose a performing asset. When you multiply these financial losses per property with the number of people struggling to make their house payments, its no wonder that our economy is in the crisis it is in.

This is where our Investor Group steps in on the homeowner's behalf to negotiate and acquires the loan and servicing with the lender and the investors can rewrite the terms to reduce the principal balance to Current Market Values. The Principal Reduction Program saves the lender time, money and allows them to keep a performing asset around today's market value. These private investors will take the file and combine it with others to buy the loans from the same lenders in bulk. This strategy has proven very successful with 75% of all files resulting in a Principal Reduction!

This works as follows:

Homeowner fill out "Quick Pre-Qual Application for the program
If you qualify, Order the Forensic Loan Audit!
Negotiations are completed with homeowner's Lender to buyout mortgage
Homeowner receives a new mortgage around the current market value
Homeowner are given a 30 year fixed mortgage at max 4% over prime or less depending or scores

Examples of Principal Reductions:

Homeowner #1:

.....Previous mortgage balance $312,000 with monthly payments of $2,762.
.......Appraisal based on today’s value $185,000.
.....New 30 year fixed mortgage of $180,000 with monthly payments of $1,228 (PI).

Homeowner #2:

.....Previous mortgage balance $675,000 with monthly payments of $3,937.50.
.......Appraisal based on today’s value $345,000.
.....New 30 year fixed mortgage of $334,650 with monthly payments of $2,283 (PI)

YOU START OVER WITH: ** A NEW LOWER MORTGAGE ** EQUITY IN YOUR HOME ** AND LOWER MONTHLY PAYMENTS.

This entire process normally takes from 60 to 180 days.

This will help:
OWNER OCCUPIED * SECOND HOMES * INVESTMENT PROPERTY

We will help REGARDLESS of:
Credit Score
Payment History
Foreclosure
Bankruptcy
Repossession
Judgments
Liens

FINALLY A PROGRAM THAT REALLY HELPS HOMEOWNERS KEEP THEIR HOME AND GIVES THEM EQUITY BACK INTO THE BIGGEST INVESTMENT OF THEIR LIVES.

We specialize in the SHORT PAY REFINANCE
PRINCIPAL REDUCTION PROGRAM.

With NO UPFRONT FEES!

"Forensic Loan Audit Report is Required"

DON'T LOSE YOUR HOME!

DON'T WALK AWAY!

CONTACT US FOR HELP!

reducemymortgage@consultant.com

GET MORTGAGE RELIEF! Do You Owe More Than The House Is Worth?

THE CRISIS AND THE ANSWER!

The Risk from Underwater Homeowners

Obama's $75 billion mortgage rescue plan doesn't address the danger that more homeowners whose equity has evaporated might just walk away

Nearly 1 in 5 Owe More Than Homes Are Worth

One in Four Borrowers Is Underwater