George is a Home Retention and Certified Short Sale SPECIALIST!

 

           ATTENTION HOME OWNERS!      

LOST YOUR JOB? TRANSFER? DIVORCE? LOWERED INCOME?GEORGE Helps Metro Detroit Area Homeowners to AVOID Foreclosure!       SAVE YOUR CREDIT! No FEE Loan Modification at Lower Affordable Monthly Payments! If you need to do a Short Sale, Pay NO Commission, NO Closing costs!

           STOP  the Foreclosure by getting offers in 2 WEEKS!                             George's SOLD in 2 Weeks Program Helps Minimize the Credit Damage!   Get up to $3,000 CASH (was $1,500)  back incentives for doing a Short Sale! 

See Below Recent TV NEWS and articles on the MORTGAGE CRISIS. Send it to your friends.

AVOID DEFICIENCY JUDGEMENTS BANKS CAN FILE AGAINST YOU FOR THE UNPAID BALANCE AFTER THE FORECLOSURE SALE!

Are deficiency judgments permitted in Michigan?

Yes. Foreclosure is the sole remedy against a property unless there is a separate legal document which obligates a borrower to a specific amount of money. This is usually in the form of anote andguaranty. Adeficiency judgment may be obtained when a property in foreclosure is sold at a public sale for less than the loan amount which the underlying mortgage secures. The borrower can claim that the foreclosure sale was not forfair market value of the property as adefense.

LEARN MORE AT http://www.foreclosure.com/statelaw_MI.html

 

 

Making Home Affordable - U.S. Department of the Treasury
MakingHomeAffordable's Channel

Clinck on this LINK below:

Your Graceful Exit

60 Minutes on walking away

May 9, 2010 21:28 EDT

The weekly news magazine doesn’t break any new ground, but publicity like this may encourage many more to walk away. If this becomes common behavior among underwater borrowers, it could lead to a deflationary spiral. That would be very bad news for banks and, ultimately, the paper wealthy.

http://blogs.reuters.com/rolfe-winkler/2010/05/10/60-minutes-on-walking-away/

 

Walk away from your mortgage the SMART WAY- do a Short Sale!

Pay or Walk Away? Roy Oppenheim on Strategic Default with FOX News  - OppenheimRoy April 30, 2010
Walk Away the SMART Way - Do a Short Sale with a Trained Certified Short Sale Specialist so Banks will NOT CHASE you for the difference between the Foreclosure Sold Price and Mortgage Balance..

January 09, 2010 — With banks refusing to help homeowners with their underwater mortgages, a New York Times story advocates simply walking away.
http://www.youtube.com/watch?v=VBkwhl1Y0q0&feature=player_embedded#!

 

BANKS are going AFTER the Foreclosed OWNERS for the UNPAID Mortgage BALANCE! 

You lost your house - but you still have to pay!
NEW YORK (CNNMoney.com) -February 3, 2010: 8:18 AM ET
- As terrible as it is to lose your house to foreclosure, at least it's a relief to put your biggest financial headache behind you, right?Wrong!
Former homeowners may still be on the hook if there's a difference between what they owed on their mortgage and what the bank could sell it for at auction. And these "deficiency judgments" are ticking time bombs that can explode years after borrowers lose their homes.

It can even happen to people who got their bank to approve them selling their home for less than it is worth.

Releasing title does not necessarily end the debt. It's complicated because of variations in state law, but, generally, a mortgage has two parts: a pledge of collateral, represented by the home, and a promise to pay off the loan.

http://money.cnn.com/2010/02/03/real_estate/foreclosure_deficiency_judgement/

 George can negotiate (NO DEFICIENCY JUDGEMENT) YOU CAN RENT FOR 6 months, 2 years PUT MONEY ASIDE  FOR DOWN PAYMENT AND BUY AT DISCOUNT PRICES with George in 6 months, 2 years from the short sale.

 

Mortgage rescue: Credit score killer

By Tami Luhby, senior writerDecember 28, 2009: 8:37 AM ET

NEW YORK (CNNMoney.com) -- Most troubled homeowners view President Obama's foreclosure rescue plan as a way out of their financial troubles.

But many don't realize that entering a trial mortgage modification can actually hurt their credit.

Is It Wrong To Walk Away From A Mortgage Deep Underwater?

You lost your house - but you still have to pay?

AVOID DEFICIENCY JUDGEMENTS BANKS CAN FILE AGAINST YOU FOR THE UNPAID BALANCE  AFTER FORECLOSURE!

Debate Grows As Housing Crisis Continues  By CLAIRE SHIPMAN and MARY PFLUM

Feb. 11, 2010

Many homeowners on the edge are wondering whether they should just walk away from their mortgages and get off the "hamster wheel" of making costly payments on a home deep underwater.

http://abcnews.go.com/GMA/mortgage-defaults-borrowers-walk-away-underwater-home/story?id=9802435

STRATEGIC DEFAULTS

This news comes on the heels of Morgan Stanley walking away from its commercial mortgage commitments on five buildings out in San Francisco.

Apparently it's just good business.

http://www.cnbc.com/id/35063257



No Worries About "Morality" in Biggest Real-Estate Default in History

 

http://finance.yahoo.com/tech-ticker/no-worries-about-%22morality%22-in-biggest-real-estate-default-in-history-411839.html?tickers=dia,spy,xlf,len,kbh,blk

Busch: US Housing-Walk Away?

Behavioral scientists are having a field day with this behavior and one professor states these borrowers are suffering from "norm asymmetry.

http://www.cnbc.com/id/35059205/


Strategic Defaults and the Foreclosure Crisis - Yahoo! Finance

(http://finance.yahoo.com/news/Strategic-Defaults-and-the-usnews-2190373684.html?x=0&mod=loans)


  • IF YOU DO A SHORT SALE with George ( George can negotiate NO DEFICIENCY JUDGEMENT) YOU CAN RENT FOR 6 months, 2 years PUT MONEY ASIDE IN SAVINGS FOR DOWN PAYMENT AND BUY AT DISCOUNT PRICES with George in 6 months,  2 years from the short sale.

5-10 YEARS FROM NOW YOU HAVE EQUITY IN YOUR NEW HOME INSTEAD OF STRUGGLING FOREVER with high credit card and high insurance rates DUE TO THE FINANCIAL MISTAKE OF GOING IN FORECLOSURE.

NOW GEORGE CAN HELP YOU SHORT SELL YOUR HOME (NO DEFICIENCY JUDGEMENT) and AVOID EXTENSIVE DAMAGE to YOUR CREDIT! IN SOME CASES THE CREDIT MAY NOT AFFECTED AND YOU CAN BUY A NEW HOME RIGHT AWAY!
********************************************
THERE ARE NO CLOSING COSTS, NO COMMISSION  FROM THE OWNER! GET OFFERS IN 2WEEKS!        TELL YOUR FRIENDS, FAMILY, CO-WORKERS, AND NEIGHBORS IN NEED TO SELL! Call to see if you qualify!

 

*****

LOWER YOUR CURRENT MORTGAGE PAYMENTS!

 

*Help to keep your Home IT'S FREE!

 

*FREE Affordable LOAN MODIFCATION Advice and Guidance till you Get the Lower Loan Approved!

 

BEWARE OF FORECLOSURE RESCUE SCAMS!!!!!!

 

*BEWARE of any PERSON or ORGANIZATION who CHARGE for a LOAN MODIFICATION or OFFER to -SAVE- YOUR HOME if you sign or transfer over the DEED. DO NOT PAY - WALK AWAY!!

 

*The BANK will NOT CHARGE a FEE TO MODIFY YOUR LOAN!

 

E mail or Call THE TOLL FREE RECORDED INFO at 1-800-441-0648 Ext 5002 TO SEE IF YOU QUALIFY!

 

  • Answers to the most commonly asked questions about short sales 

  • Curious if you owe more than your home is worth? Find out the market value of your home.

Most of homeowners do not realize that it is not too late to stop the foreclosure and work out a win-win situation for both the bank and themselves. In most cases, your bank does not want to foreclose on your home. We provide options to help you avoid foreclosure. One option is a short sale in which we negotiate with your bank to allow you to sell your home fast and below market value, even if you owe more than the home is worth.

 

If you qualify for a “Short Sale”

  • Your lender will accept less than you owe on your loan(s).
  • GEORGE will market and SELL your METRO DETROIT area home at NO COMMISSION, NO CLOSING COSTS to you.

    George's "SOLD IN 2 WEEKS" PROGRAM HELPS SELLERS SELL FAST, AVOID or STOP FORECLOSURE( if you have late payments) and MINIMIZE CREDIT DAMAGE so you can buy a home right away ( CALL TO SEE IF YOU QUALIFY) WHEN OTHERS ARE TRYING GET OFFERS FOR MORE THAN 6 MONTHS and run the RISK of losing the home in foreclosure!

  • Your lender will pay most of the costs associated with the sale!
  •  Call or e mail George to see if you qualify for the "SOLD in 2 Weeks" SHORT SALE  program!

You May Have a Better Way Out!

There are countless situations that can turn home ownership from a joy into a burden. The loss of a job, depreciation of your home, or a hike in monthly payments can all make a mortgage unaffordable. Ignoring the bills will not make them go away. It will only make things worse

  • Are you stressed out and/ or behind on your mortgage payments?
  • Do you have little or no equity in your METRO DETROIT area home?
  • Have you had trouble trying to sell your METRO DETROIT area home?
  • Are you getting threatened by your mortgage company about a foreclosure?
  • Are you currently in pre-foreclosure on your home?

George's marketing is very aggressive and can generate offers even in 2-4 weeks!

 

George is helping home owners in the following areas:

 

Canton, Plymouth, Lyon Twp, South Lyon, Green Oaks, Northville, Novi, Milford, Walled Lake, Framington Hills, Farmington, Wolverine Lake,  Wixom, Commerce, West Bloomfield, Bloomfireld Hills, Oarchard Lake, Birmingham, Royal Oak, Troy, Rochester, Rochester Hills.

 

Don't see you area? Call George to SEE IF YOU QUALIFY!

For a FREE consultation, call (800) 441-0648 Ext 5001 or CLICK " CONTACT ME" now.