PRE-FORECLOSURE LEAN GREEN AND SAVINGS SOLUTIONS
We could not decide on an appropriate title to discuss options for the sub topic which is actually related to income tax check returns and it's uses. Since we believe it is not the best option to use your tax return money (If it will take ALL of your refund) to restore your loan we wanted to provide some additional options that may help not just one time, but the entire year.
We have spoken with a few homeowners behind in payments that choose to either catch up payments with their income tax check and/or get repairs completed when payments are several months behind. While we admire your attempt to save your home is this REALLY the BEST solution?
If you need to spend your tax return for either back payments or extensive repairs which we consider $2000+ you should seek other options. If you encounter additional unexpected expenses during the year then what? We are addressing the issue because we have seen the same thing happen and 6 months or less the homeowner is behind again due to uncontrollable situations, but the fact is you can't afford the home at the current terms of the loan OR you need to cut expenses OR make additional income. We are NOT suggesting you walk away from your home or sale it, but you should not be ashamed if difficulty making payments. Currently, the cost of living has increased, but the income of those employed did not keep up with the current demands (meaning insurance, food, supplies have all shown increase). We want to suggest alternative(s) for pre-foreclosure green savings that may help make your home affordable, increase your income, or cut costs of monthly required expenses.
Consider the following options***
HOME RETENTION:
Repayment plan with the lender
Modification (IF YOU have not tried)
NOTE If it has been 3+ Months since you requested your loan evaluation guidelines and programs may have changed CALL
All of the above are DIY (Do It Yourself Options)
PLEASE DO NOT hire an attorney we have seen so many people be taken for $1500-$4500.00 for modifications and never have the loan modified.
Lastly, ONLY if all else fails and the modification terms would still cause you to fall behind in payments of your home loan a pre-foreclosure option could be a principal loan reduction. If you owe 20% more than current market value and qualify (with lender approval) meaning experienced a TRUE hardship you maybe eligible. Complete the form for No Cost Analysis at FORECLOSURE HELP
We offer a free initial consult for direction and help CALL 888-879-3207. We provide Nationwide Pre-Foreclosure Prevention Solutions with focus on home retention.
WAYS TO SAVE MONEY:
Maybe paying off a smaller balance loan (credit card) that may free up $25-$50 a month
Behind in Electrical Payments Seek help call 211 (United Way) or click HELP 211 for Assistance to find out programs available and guidelines.
Find out if there are any neighborhood re-vitalization projects that could provide free help with energy efficient upgrades, roof repair, and much more. (Try City/Major Office in your State. HUD
Many Churches have food giveaways that help stretch the dollar such as fruit, bread, pastries, and sometimes non-perishable items.
Car pool when possible
Park the car ride the bus if it's a short distance (you could catch up on reading, meditating, or relax from not having to fight traffic)
Clip coupons
Start a Blog and/or Youtube Channel and Monetize it (This may bring in $25-50+ a month)
Sale old clothes have a yard sale
Sale old clothes and items via use of a consignment shop some pay cash on the spot such as Platos closet Call for details or location the one in your area.
Sale your broken gold and silver you could have a few hundred dollars coming!
Make your own hair shampoo (everything you need is in the kitchen your hair will love you!)
Make your own conditioner (if you are a naturalist and mixtress this is a walk in the park)
Sale your old books, cd's and more!
Do your crochet or make other crafts go to etsy.com and post your items for sale.
Get paid for referrals that convert! Help a friend Stop Foreclosure - Know co-workers, family, friends that seller finance homes. Contact us for more information on lead generation compensation on all paid services that we complete or e-mail ways2save@helpingfamiliesllc.com
Do you have a talent, hobby, or knowledge to share you could get paid. There are many solutions to making a little extra money thanks to this information age craze and accessibility.
Don't have the internet go to the library and post for free.
These are some of the ways you can make extra money or save money. The key is BUDGET see what you really need and calculate for unexpected expenses.
I hope this helps we may create a blog on SAVINGS if we receive enough responses. When you save or implement a few ideas for an extra $50-$100 for gas or food it helps. Depending on the service you request we provider different ways to save that usually result in savings this is just a sample of some options that save and/or earn $100.00 a month for most client's.
For foreclosure prevention it's more than helping save your home it's helping cut cost to remain in the home while you rebuild, reposition, and began a fresh start. It's what we call our Lean Green Plan to Stop Foreclosure and Maintain Your Home!
Note we are not attorneys, chemist, mixtress, these are options that were implemented and have worked. Everyone is NOT the same, always test even all natural options to make certain they are compatible for you. Likewise, Pre-Foreclosure options are different for each lender and within the lender each loan can be different. Analysis is needed for EACH homeowner loan because it is NOT a cookie cutter solution. In an attempt to simply and explain 3 different homeowners with the same lender may have 3 different options. What one allows the other may not allow because the mortgage company usually is ONLY the debt servicing company and each loan they service have specific default guidelines that may or may NOT be the same.
Remember one thing get ALL Pre-Foreclosure Options IN WRITING do not enter into an agreement to pay WITHOUT having it in writing that is another post, but it can end in disaster.
We DO NOT receive compensation for any of the links listed above this is one way for our family to help yours.
Thank you for allowing us to serve you Helping Families Contact us by clicking: FORECLOSURE HELP!
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