Comments for ForecloseAid.com

Comment on my home was sold at a foreclosure sale today. is there anything i can do to save my home? can anyone help? by SndChaser

SndChaser — Tue, 06 Jan 2009 00:38:12 +0000

If it sold today, you’re exactly 1 day late to do anything.

Comment on Is there anyone willing to help me save my home from foreclosure? I need $20.000.00? by CF_

CF_ — Mon, 05 Jan 2009 10:03:10 +0000

pregnancy is hardly unforseen - it should be planned.. and prepared for by saving money etc…
death - well heck my husband died when my kid was 5 yrs old so I know what thats like BUT I also know as the spouse I was able to get a widows pension, mind you it is only $350 a month but I am smart enough to live frugally to being with…

which is what I suggest for you - dump your computer - shut off your internet - ditch cable and throw out your cell phone
sell your car ( I drove a old car which only cost me $1) and buy a car that you dont have to make car payments on (assuming you are making car payments)
eat cheaply - alot of soup
dont eat out - dont buy every pair of shoes in the store.

there is no reason anyone should be $20,000 in the hole.

and as far as your business “idea” goes - good luck but remember until you get a pay check its just a good idea, dont count on it to all ends - get a real job… (I worked part time minimum wage by the way and SAVED up for a house even then)

Comment on Is there anyone willing to help me save my home from foreclosure? I need $20.000.00? by Cool Person

Cool Person — Mon, 05 Jan 2009 03:49:03 +0000

i cant help you… i know what you are going through and it will all work out..just pray..honestly if your house is worth it you shouldnt have trouble finding someone who can lend you the money..just make sure you dont get ripped off…i think that lady under my answer is very true…and dont listen to any pieces of $hit that want to bring you down..there are alot of greedy morons in this world and you just have to ignore them..

Comment on HELP! I am in the process of pre-foreclosure and i don’t know what is coming next? by foreclosures101

foreclosures101 — Mon, 05 Jan 2009 00:22:53 +0000

pre foreclosures in a 60 to 90 days process (really depends on state)

then comes NTS - notice of trustee sale - about 21 days

then the REO - up to 15 days

you can slow the process down a bit by filing for Bankruptcy if thats an option

Comment on my home was sold at a foreclosure sale today. is there anything i can do to save my home? can anyone help? by hotlittlenumber55

hotlittlenumber55 — Sat, 03 Jan 2009 12:25:23 +0000

If you have LOTS of equity, there may still be hope, but you need to check out the laws fast. In Ohio, you have 30 days from the day the house is sold in foreclosure to refinance it and get it back. If you even have a law like this in your state you would have to pay a lot of fees and penalties from the lender. That’s why you would need a lot of equity.

Comment on i am facing foreclosure next week. i need help to find a place to live. do i just look for a place to rent? by mikegolden747

mikegolden747 — Sat, 03 Jan 2009 06:50:37 +0000

first of all, if you own your home, why can’t you rent it to someone for a little more than your mortage payment and live in a trailer or something until you get back on your feet. Hang on to your property anyway you can. good luck, Michael

Comment on i have a question about foreclosure. need help fast? by Scott and Amy

Scott and Amy — Sat, 03 Jan 2009 01:25:27 +0000

The worst thing you could do would be to let it go into forclosure. You will owe the difference, and it will have a horrible effect on your credit! the best thing you can do is to sell the home. Get an agent, and let them talk to the bank. if the bank knows that you will be selling, and they will get their money in full, then they will be more receptive, and your credit wont suffer.

Comment on Is there anyone willing to help me save my home from foreclosure? I need $20.000.00? by zipps_86

zipps_86 — Sat, 03 Jan 2009 00:56:11 +0000

If I had that money and more, I would even buy you a house, but I don’t, so I’m very sorry.

Comment on i have a question about foreclosure. need help fast? by Darren Meade

Darren Meade — Fri, 02 Jan 2009 23:37:54 +0000

Hello -

May I ask if you have any equity in your home? If you have $25,000, there are multiple programs that would purchase your home, and then lease it back to you at a lower rate for one-year.

This would give you 12 months to decide what you may want to do next and at the end of 12 months, they allow you to purchase the home back. If your local market looks like it might pick up or the home appreciates in value, this could be valuable.

Then you can also use a mitigation service. In this case, you would have an advocate that would work out lower payments directly with your lending institution without ruining your credit.

Typically when if the bank forecloses on your home, it will be sold at auction for a very low price. On average, you would be responsible for not only the difference but all costs involved including legal, taxes and auction fees.

If you like, please email more information about your situation, and let’s try to find a better solution.

Best Regards,
Darren Meade

Comment on i have a question about foreclosure. need help fast? by Reginald Whitcomb

Reginald Whitcomb — Fri, 02 Jan 2009 00:25:17 +0000

I would need more information about your exact situation in order to help devise a plan to correct your problems and meet your goals.

You’ve refinanced already after buying it as a foreclosure, but that doesn’t tell me how much if any equity you have left in the property. A construction loan, based on the ARV (after repair value) might be an option. Too many detailed questions left unanswered.

I suggest you do everything possible to avoid foreclosure though.

If you have legal questions try: