Fogelsville, PA (PRWEB) May 17, 2010
Paul Stevenson today announced the release of his newly revised Strategic Mortgage Default System, containing the most up-to-date information available to assist homeowners in dealing with underwater and problem mortgages. The System is available on his website, http://www.strategicloandefault.com, and addresses the growing phenomenon of strategic default.
Mr. Stevenson's updated content includes the very latest developments in the ongoing mortgage crisis that has left millions of American homeowners and investors in severe financial distress, leading to a massive wave of foreclosures and the growth of strategic default.
Commenting on the recent product upgrades, Mr. Stevenson stated, "I am proud to be in a position to give so many distressed homeowners and investors the very latest information they require in deciding how to solve the severe financial problems that the mortgage crisis has thrust upon them and their families. It's difficult to know what to do when your mortgage is underwater and it no longer makes financial sense to keep paying. But the potential risks of defaulting can seem daunting when you don't have all the information you need to make a decision. As I always say, my Strategic Mortgage Default System helps distressed homeowners learn everything they need to know BEFORE they stop paying their mortgage."
Mr. Stevenson continued, "I have gone through the same difficult experience these homeowners and investors are facing, and there was nowhere to turn to for the help I really needed to make the nerve-wracking decisions I faced. Luckily, through hard work and a little bit of good fortune, I found successful solutions to my mortgages. Now that I know all the things I didn't know then, I realized that by creating the Strategic Mortgage Default System, I could help so many fellow Americans and their families out of the bind that threatens their entire financial future."
About Paul Stevenson's Strategic Mortgage Default System:
Paul Stevenson's Strategic Mortgage Default System helps holders of underwater mortgages decide if defaulting on their mortgage is the right move for their financial future. Mr. Stevenson walks homeowners through the process of defaulting on a mortgage, and specifically strategic default, as well as addressing the risks involved if they do decide to make such a decision.
Some of the topics covered in the Strategic Mortgage Default System include:
- Why There Is No "Moral Obligation" to Keep Paying an Underwater Mortgage
- What Happens When a Homeowner Stops Paying
- The Primary Solutions to an Underwater Mortgage - Including Short Sale, Deed in Lieu, and Foreclosure
- The Importance of Knowing Whether the Mortgage Is in a Recourse State or a Non-Recourse State
*The Risk to the Homeowner's Other Assets if They Default on Their Mortgage
- The Tax Implications of Defaulting on a Mortgage
- The Impact of Default on Credit Rating
Interested parties are encouraged to visit Paul Stevenson's Strategic Mortgage Default System website at http://www.StrategicLoanDefault.com for more information.