Huntingdon Valley, PA (PRWEB) December 12, 2009
The current recession has left millions of people jobless and most of them find it very difficult to make both ends meet in their family. Most people who have bought their first home or property have gone bankrupted in just few months of time. Many have lost their jobs and found it difficult to repay the mortgage loans. As a result, some of the properties were seized and some witnessed foreclosure. All these facts and figures have become a myth these days with the government revitalization process through their “The Homeowner Affordability and Stability Plan”. The team of 1stforeclosureprevention.com seeks a new path of enlightenment for the debtors through this program.
The experts from this loan modification firm report that the government has decided to revitalize the $75 billion “Help For Homeowners” which are stagnant to the current date. This will give extra hopes and powers for the lenders to modify the existing loans and the buyers can take the maximum advantage of this. The financial expert teams from 1stforeclosureprevention.com strongly believe that buyers should take the assistance from them while approaching the lenders regarding the process. Any wrong move by the buyer can prove to be fatal again. Hence, the right kind of approach would be to have the experts by the buyer’s side that can bargain and benefit the parties. The modification requests will never be declined and in getting the governments help.
President Obama has given some hopes for the lenders and the defaulted buyers regarding making home affordable plan. Now the entire process can take place at lightening speed and the parties will be willing to negotiate the payments. This can be made fruitful by having experts from 1stForeclosurePrevention.com by the buyer’s side. They ensure that all the records are perfect and stick to the guidelines. A better negotiation will take place on behalf of the buyers. Qualified home owners can apply for this modification process and the lenders are very happy to volunteer themselves even though it is not mandatory. A recent study reports that there is an increase in the success rate of about 40% because of the government revitalization process. The team of 1stForeclosurePrevention.com will ensure your success in the loan modification process due to revitalization of the “Home Affordability Plan”.
This is a Pay-for-Performance Success payment method that will benefit the buyers too. The borrowers will receive a compensation amount if they stay current in their payments. This amount will reduce the principal balance on their loan amount. 1stForeclosurePrevention.com assures you to get $1000 every year by their professional approach and relax your repayment schedule and mortgage amounts.
About the Company:
1st Foreclosure Prevention is a loss mitigation company that closely associates itself with the home owners and helps them to stop foreclosure. They render their services in every state in the United States and they deal with all sorts of mortgage payments. Their immense experience of over 10 years in the loss mitigation department will save the homes for the buyers even under extreme financial crisis.
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