Now more than ever, you must focus all your strength and determination into one thing and one thing only: Stop Foreclosure on your home! We know from all of our clients how daunting this is. Many homeowners have to avoid answering their phone because of all the collection calls they're receiving. You would think lenders would be calling homeowners and offering assistance in a friendly manner, after all there are millions of foreclosures in the country. Unfortunately, that's not the case. In stead, many lenders are getting more mean spirited and abusive with their phone calls. It's like what one of our past clients had said, ?Maybe all these banks wouldn't have so many homes in foreclosure and have to close down their doors if they'd stop being so rude and instead be a little more understanding.? That client clearly had a point. But still, you can either complain about it and end up in foreclosure, or you can decide to be the better person and get smart about it. The truth is, when someone is in foreclosure there are very important steps that must be taken, or else you'll have wasted your time.

Think about it this way; you have a track record with your lender. They have in their systems your entire history of making payments. When you've spoken to someone on the phone, those calls were recorded. So at some point, if you've said that you were sorry about being late but that you would have a certain amount of dollars by a certain day, and instead you weren't able to make the payment?they know! And they remember that. It's all in the notes. So now, you've gotten really behind and you want to stop foreclosure. So you call the collections department and tell them that you're really sorry again but you want to work it out. At this point, they no longer believe you. To them, you're just another liar. Of course that's not true. It's very rare that a homeowner simply doesn't want to pay their mortgage on time. Most homeowners have valid and legitimate hardships that caused them to get behind. But in the lender's eyes, you're just telling them another wise tale. So if you want to stop foreclosure, you really need to look at this through the eyes of the lender. The collections department is filled with representatives who work on commission. Their job is to collect as much money from you as possible. The question becomes, can you avoid the collections department? Can you get to a higher up person that has the power to authorize a plan that is affordable for you and your family? Can you then prove to them that your hardship is resolved? Most importantly, do you have the skill and experience to negotiate properly with that person, along with all the other parties involved, such as the attorney that is handling the foreclosure? Keep in mind that negotiation is only effective when both parties walk away feeling that they have won. In a way you should think of this as presenting a case, similar to what an attorney does prior to defending a person accused of a crime they didn't commit. You must tackle this in a professional manner with the objective of winning the case. If you are not experienced in how to negotiate with your lender to stop foreclosure, you may want to consider hiring a reputable firm or counseling company to do it for you. Ultimately, timing and experience will be the key to stopping the foreclosure on your home!