Dallas, TX (PRWEB) December 10, 2009
At a time when foreclosures are at a record high, one Dallas-based company has decided to do something about it.
ReverseThatForeclosure.com is currently offering a free Reverse That Foreclosure Kit to anyone who visits its website at http://www.reversethatforeclosure.com.
“We understand that during this trying time, many homeowners have either exhausted all of their resources and/or simply just don’t know what to do to prevent foreclosure,” said ReverseThatForeclosure.com President Kendra Smith. “For this reason alone, we have decided to offer a free Reverse That Foreclosure Kit to help those facing foreclosure to understand the foreclosure process.”
The kit includes:
- The top five questions to ask a lender when facing foreclosure.
- A sample hardship letter – a hardship letter is a homeowner’s explanation of the experiences that have lead to their current situation.
- A personal financial statement – having a personal financial statement that organizes all of a person’s income and debt obligations into one document is a very useful tool for lenders, and for homeowners as well.
- A “Credit: The What's, The How's, and the Big Three” Report that contains information on how to access, improve, and understand credit.
“The truth is lenders really do have options for their customers and they would rather create a win-win situation for the homeowner and for them,” Smith said. “With this information, it'll be possible for the homeowner to take action and offer a solution to their lender to reverse that foreclosure instead of waiting around for their lender to offer them a solution.”
So just how bad is today’s foreclosure crisis?
Well, the Mortgage Bankers Association recently reported that one out of every 200 homes in the U.S. will be foreclosed upon and that every three months, 250,000 new families will enter into foreclosure.
Yet, according to a Freddie Mac/Roper Poll of 2,031 U.S. homeowners, more than 6 in 10 homeowners delinquent in their mortgage payments are not aware of services that mortgage lenders can offer to individuals having trouble with their mortgage.
“The foreclosure crisis shows no sign of letting up and as people face losing their home and going through the financial crisis that accompanies that they desperately need access to information that can help them stop the pain and loss,” Smith said. “That’s where we offer foreclosure help. There is no secret code to reversing a foreclosure; a person just needs the right information.”
To receive your free kit or to learn more about foreclosures and what you can do to reverse them, please visit http://www.reversethatforeclosure.com.
As a Real Estate Investor, Kendra Smith heard numerous foreclosure stories from homeowners that could bring a person to their knees. But while listening to these stories, she started to recognize that the homeowners just didn't know the process of foreclosure. They didn't know who to call, they didn't know what questions to ask, and they definitely didn't know what options they had to reverse their foreclosure. In response to this need, she created http://www.ReverseThatForeclosure.com which seeks to provide homeowners with the proven techniques and creative strategies they need to reverse their foreclosures, stop the notices, and move on with their lives.