According to current research estimates, almost 48% of homes in the USA are upside down. The question is how long will it take you to gain back all the equity you lost. To make matters worse, you neighbor just bought her house in a foreclosure for 1/2 of what you paid for yours and she got an interest rate that is even lower. So while you are struggling to maintain your house payment of $2,000, $3,000, or $4000 mo, your neighbor is paying $900-$1,200 for the same house. About a year ago, a major Wall Street hedge fund called their bank and gave them back the keys to over $1 billion worth of real estate. Now, how much do you think the payments are on a $1billion note per month. Even with 1% interest,the payment is $1 million per month. So the chances are that this hedge fund probably stopped making payments to the bank 12 months prior to walking away from the upside down assets.
Can you do the same? Are you scared? Most people are afraid of their creditors.
The reason is very simple, despite all the laws available to protect the consumers, creditors still have a way of intimidating us. Plus, most consumers suffer from this guilt of being labeled a "dead beat". In this terrible recession, is there really a dead beat or are we being victimized by the same banks that we rescued with our tax money and yet they are not willing to even work with us. So why should you pay?
Imagine if you could stay in your stay in your home for the next one year, save your $2,000 per month mortgage, wait until the bank drags you out by your bootstraps, (they wont do that, and we will tell you day by day how many months, days, hours and minutes you can stay in your home.) What if you can turn around immediately and buy another house in the same neighborhood or better neighborhood for less money. We can show you how.
What can financial self defense do for you? Here is a typical story from one of our clients. We'll call him Mr. Jones. Mr. Jones bought his house at the top of the market, He paid close to $600,000. His mortgage payments was $3,500 on an option arm. 17 months ago, Mr. Jones stopped making payments, and his lender has not even started foreclosure. So far, Mr. Jones has saved up $59,000 and he still has a long way to go before the lender attempts to move him out.
By following our step by step information on how to deal with the lender, Mr. Jones remain in his home for another year with zero payments. I am sure you'll like to accomplish what Mr. Jones has done. It is very simple. Input your email address below in the Eform and we'll help you how to get started. We look so forward to assisting you and your family. Finally get some much needed rest tonight!
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