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2009-05-05 05:53:03
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Article by Hector Milla |
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Possibly the best way to avoid foreclosure, and the best public service, is if you can qualify for a loan from the federal housing administration. These loans were recently broadened and given greater financing in the stimulus package and are one of the best tools for a homeowner facing foreclosure on top of an adjustable rate loan. If you can show that you were always on time and able to pay for your loan before the adjustable rate kicked in, the federal housing administration may completely refinance your mortgage for you, at no additional cost.
One of the best private services that you can use is the various foreclosure assistance services out there. These services are, for the most part, private in origin and offer various services at very little cost. Some of the services that are offered include, for example, acting as your lawyer, doing the grunt work such as sitting on the phone, and even giving you financial counseling. This can be an excellent idea as they will combine into a single specialist services that you would probably have to pay for anyway.
So, these are the best options, one each for the public and private sector. There are, in fact, many more options than those that are listed here, but these are the most common. If you wish to do more research, the best advice that I can give you is to do your research before you sign up for anything. Unfortunately, there are plenty of programs out there that only prey on those who are in such a desperate situation.
By the way, by researching and comparing the best stop foreclosures services in the market, you will be able to determine the one that meet your specific financial situation, plus the cheaper and quicker options. However, it is advisable going with a trusted and reputable stop foreclosure specialist before making any decision, this way you will save time through specialized advise coming from a seasoned foreclosing advisor and money by getting better results in a shorter span of time. Meaning getting your house out of risk as soon as possible.
Hector Milla runs the Stop Foreclosure Loans website, where you can get immediate assistance from professionals serving your state. We have done all the hard work for you and selected the best 3 rated stop foreclosure services.
Read our full reviews of those services, plus hundreds of articles and video training about how to stop foreclose and the best way to do a loan modification in order to stop a foreclosing proceeding.
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| Specialized in: |
Stop Foreclosure Loans
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Stop Foreclosure
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Foreclosure
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Loan Modification
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| URL: |
http://www.stopforeclosureloans.org
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