Foreclosure and Short Sales News

Archive for the ‘Foreclosure’ Category

This year marks the first time an overseas-based bank has bought a failed U.S. bank. On Friday, August 21, 2009, Guaranty Bank of Austin, Texas was closed by federal regulators in the third largest bank failure this year, bringing the total number of bank failures to 81 in 2009.

“BBVA Compass, a U.S. subsidiary of Spanish bank Banco Bilbao Vizcaya Argentaria, agreed to assume all of Guaranty’s deposits and will buy $12 billion of its assets. The FDIC said it would share losses on $11 billion of the failed bank’s assets.”

Guaranty Bank operated 162 branches in Texas and California. Those branches will reopen Monday as branches of BBVA Compass, which is based in Birmingham, Ala.

Guaranty was the third largest bank to fail in 2009.

Read more on “Third largest bank failure of 2009 announced” at CNN Money

Let Short Sale Holdings Prevent Your Foreclosure

Whether you are a homeowner who is looking for a way to prevent foreclosure due to a sudden loss of job or income, a first home buyer stuck with a mortgage you can no longer afford, a person who suffered a critical injury or illness and now has overwhelming medical bills, or even an investor who was unable to sell before the bubble burst, the sky rocketing numbers of foreclosures will devastate millions of people personally and financially, not to mention ruin their credit for many years.

Hiring a Real Estate Attorney could set you back anywhere from $2500-5000. The other option is for you is to spend countless hours learning the law from legal sources, preparing paperwork and waiting on hold for hours at a time to speak with someone who probably does not know how to help you. The result will just get you frustrated due to a lack of caring and help.

There is a much easier and much cheaper way.

Stop Foreclosure Guide

Foreclosure Defense Secrets will explain your rights and walk you through your options. This program is a necessity for any homeowner facing foreclosure or even just behind on their mortgage. Foreclosure Defense Secrets was written by a foreclosure attorney and reveals all of the legal tricks that the banks do not want the public to know.

You will benefit from this foreclosure guide if you are…

• Facing foreclosure or you are currently in foreclosure…
• Concerned about the lender suing you for your mortgage balance…
• Attempting to workout your mortgage problem yourself…
• About to have your Adjustable Rate Mortgage (ARM) reset to a higher rate…
• Burdened with an IRS tax lien on your real estate…
• Trying to sell your home but you don’t have any equity…
• A Realtor has listed your property but they are not getting results…

Included with the Foreclosure Defense Secrets, you will get all of the legal documents you will need to defeat the foreclosure attorney in court, including:

• Affidavit in Opposition
• Answers and Affirmative Defenses
• Emergency Motion to Stay Foreclosure Sale
• Fair Debt Collection Practices Act verification request
• Motion for Extension of Time
• Motion to Dismiss
• Motion to Vacate Default
• Notice of Hearing
• Quitclaim Deed
• Request for Mediation
• Request to Produce
• And much more!

Get the Foreclosure Defense Secrets and learn how to stop foreclosure on your home today.

The Home Saver Report is a Step By Step Guide for Home Owners to Prevent Foreclosure.

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Homeowners are desperate to prevent foreclosure on their homes, but very few homeowners know exactly what to do. There are over 40 different options to choose from when it comes to saving your home. Most homeowners know of one or two. However, you do not need to be an foreclosure expert and know every option.

You simply need to know what to do, what type of documentation is necessary, who to call and you need to know how to get results. You are about to learn how to modify your rate, payments, and more with no refinance costs, using our Free Loan Modification Report!

You will have access to a top company for refinances, who can discount your mortgage; sale lease backs to gain equity and lower your payments; loan modifications that clients in foreclosure have used to negotiate fixed rates as low as 5%.

Did you know that…

• You can have your adjustable rate mortgage converted to a fixed rate without refinancing or paying any refinance costs?
• You can get your lender to suspend your payments for several months so you can get caught up?
• You can get your back payments spread over the life of your loan, making a repayment plan actually affordable?
• You can actually get your payments and/or your interest rate lowered?
• There is even a special government program that will give you a second mortgage for all of your back payments, interest, and legal fees?
• You can sell your home for less than you actually owe on it?

Everything You Thought You Knew About Foreclosure is Probably Wrong

With a Loan Modification, your foreclosure is stopped immediately and you have a monthly payment that is actually affordable. The more options you know about, the better your chances are that you can save your home.

Also includes a Loan Modification Report, 101 Credit Repair Tips and a 2,000 Page Grant Guide. This same company has written training manuals for nationwide companies.

You need the Home Saver Report! Go get it…

Real Estate Foreclosures are not just an American problem – they are world-wide. Real Estate Investors in British Columbia and Alberta Canada can get foreclosure and pre-foreclosure listings at Canada’s #1 Pre-Foreclosure Site!

According to Canada Foreclosure List, “Recessions Are A Perfectly Normal Part Of The Economic Cycle – And It’s A Fact That More Millionaires Are Made During Downturns Than Any Other Time…”

Would You Like to be One of Them?

The Canada Foreclosure List has been shown on sites all over, including Google, Yahoo!, MSN and AOL. With foreclosures so rampant, now is the best time to tap into the foreclosure market! Start investing your time and money into foreclosures.

Learn more about the Canada Foreclosure List right now!

Yes you CAN correct the inaccurate data on your credit report without an attorney!

Did you know that 79% of credit reports are inaccurate? You have the right to an 100% accurate credit report. Even bad items must be reported accurately. As a home owner, having good credit is extremely important to you. After stopping foreclosure on your home, your credit report must be updated.

The credit bureaus do not manage your credit report. There is a third party company that handles the data. The credit bureaus are the buffers between you and the actual credit data. They are over-worked and only care little about you credit report.

The dispute process is governed by Federal law. The Fair Credit Reporting Acts states that if a dispute comes from a third party, it can be ignored… and it often is! That means the credit repair companies and credit attorneys generally get no further repairing your credit than you can do on your own.

There are simple things you can do to raise your score fast. Watch the video to learn more. Then Get Started at MyCreditABC

Get Started Now at MyCreditABC

Prevent foreclosure on your home. We can buy your home today or help you save it at ShortSaleHoldings.com!