FORBEARANCE

Tired of being chased around by lenders? Tired of being scared of foreclosure?

We have the perfect solution for you: Forbearance!

Yes! We can help you reach a settlement with your lender and what get you MORE TIME to make your monthly loan payments.

At Avoid Foreclosure Today, we not only specialize in stopping foreclosures but also care about YOU. We understand that interest rates are rising, and that your monthly payments have increased. We understand that your job is not paying you enough and we understand that you need help. That is exactly the reason why we are here.

A little about forbearance

The real estate market is facing a slump all across the US. The foreclosure rates have increased by 47% in the first quarter of 2007 across the US. Here is a graphical representation of the foreclosure market:

·         The Lowest point was February 2007: 140,000 filings

·         The Highest Point was August 2007: 240,000 filings

·         January 2008: 230,000+ filings reported

·         Who knows: maybe YOU will be next

So the best solution against this escalating foreclosure problem is forbearance. Let us explain to you what forbearance really is.

Forbearance is a procedure by which you can reduce your monthly payment amount or even stall them for sometime till you are sure that you will be able to start making the payments again. Using forbearance, you can extend the entire term of your mortgage payments by a few months. It is an adjustment that will help you to take control of your financial situation so that you can make the payments later on and avoid or prevent foreclosure completely.

There are certain requirements for eligibility and they are:

·         Hardship: If you are unable to make your monthly payments

·         Excessive Debt: Your mortgage payments are in excessive of 20% of your monthly income

·         Disaster: If the area you live in has been declared a disaster area by the President.

·          National Community Service: You should hold a National Service position like being a member of AmeriCorps

·         Military: If you are a member of the armed forces and are in active duty

If you think you may qualify then you need not to worry, because we have a team of foreclosure experts who can help you to reach a solution with your lender.

Call Us Today: (800) 329-9973 for professional foreclosure help!