It is the duty of a good judge to remove the cause of litigation. (Maxim of Law based on: Acts 18:12-16)
Past News ReleasesRSS
(PRWEB) April 29, 2010
Announcing a new foreclosure tips and information software that can help take the guesswork out of which foreclosure stopping process is best for a homeowner. Many homeowners instead of using another more beneficial foreclosure law seek out a foreclosure expert like this writer, Guy Te with help-to-stop-foreclosure.net, for help to save the home with a deed lieu of foreclosure / deed lieu foreclosure, or more properly termed a “Deed in Lieu of Foreclosure.”
However, let’s consider brief expert opinion and knowledge on the Top 3 Best ways to delay and/or stop the lender from foreclosing, two of which are "little known or used techniques," and the critical element to the first, all this type of information being included in a new web based foreclosure tips software with newsletter. Here are a few sample tips for the type of info you can find in the software.
The purpose of tactics to delay or prevent foreclosure is to put the bank in a position that the officers are willing to deal fairly with the homeowner. This may mean anything from lowering interest rates, payments and/or principle, to the banker even releasing a claim on a home with a severing the Mortgage/Deed of Trust and Note agreement as one of the foreclosure solutions. Here the lender gets an unsecured note for the full amount of the debt as an asset, and the homeowner receives the title to the home, free and clear.
A major way a foreclosure expert handles providing help to save a homeowner's property is by the use of state and federal foreclosure law. The laws used are mainly state laws against predatory lending and federal statutes like Truth in Lending Act (TILA), Real Estate Settlement Procedures Act (RESPA), Federal Debt Collection Practices Act (FDCPA), etc., and/or the state equivalents.
However, what is little known is that using these statutes is done most successfully from the angle of the homeowner and/or attorney setting up a case to win on appeal with the proper "Objections," otherwise the homeowner will likely lose; and this can also be the best way to even help win in the lower court, original action.
When used from this point of view, Federal and State codes, rules, and regulations provide a number of valid and useful claims and defenses against a banker’s foreclosing efforts.
The first of the two little known methods of providing help to stop the foreclosing process without employing a deed: lieu of foreclosure that an expert might use, and can help to establish objections is “out of court” administrative processes. These admin techniques usually include notices, default, and revoking or canceling the original mortgage/deed of trust and note through “out of court” processes, as well as other paperwork. This may help delay the bank foreclosing for months or even years.
There are reports that some of the time these administrative processes can be used to lawfully convey or re-convey property into the homeowner’s name with free and clear title. Such reports are recent and only time will tell whether these reports are true or not.
Certainly, these processes can be used to delay foreclosure for a period of time or be brought into court to raise objections, as evidence of a lender’s lack of standing to foreclose to seek an order of conveyance or “Quiet Title” from the court for the homeowner to obtain free and clear title.
For the final tip, also little known, and objection establishing, a foreclosure expert can help people with filing a complaint with administrative agencies and courts that are charged with foreclosure law regulation and/or oversight of the banks, lenders, servicers, brokers, title companies, escrow agencies, and the like. These agencies may include the Office of Thrift Supervision, Office, the Federal Deposit Insurance Corporation, and others.
Making such a complaint may provide help to prevent foreclosure by demonstrating to the lender/assignees that the homeowner is fighting back, and it could cost the lender a lot of time and money for the violations the lender engaged in with regard to the loan, unless the lender is willing to come clean and deal in a just manner with the homeowner.
So ultimately, homeowners do have good foreclosure solutions besides a deed lieu of foreclosure / deed lieu foreclosure, but a property owner can use another foreclosure law in the above areas, and it does not have to cost a lot of money.
The homeowner seeking to delay or prevent foreclosure has several good options and does well to find a foreclosure expert offering help to keep property in the hands of the homeowner in one or all of the preceding technologies with assistance in establishing proper objections, at a very reasonable low cost such as does help-to-stop-foreclosure.net.
Help to Stop Foreclosure dot net uses all methods discussed, and offers a new free interactive, informational, multimedia, help to stop foreclosure software, web based. Click on one of the above links to visit the site and get free software and information today.