Saving Your Home From Foreclosure – Expert Ideas For Homeowners And Investors
You finally move into your dream home, but then a series of unfortunate events conspire to put you in financial trouble.
Otherwise good people can lose a job, experience relationship problems, or become ill and quickly find themselves in financial hot water. Miss just a few mortgage payments and foreclosure can be knocking at your door.
If you have a lot of money invested in your home, you DON’T want to lose it all in foreclosure. I use a way to save homeowners from foreclosure while making the situation attractive to investors who can bring in the needed money.
An investor puts in the money needed to pay down the homeowner’s mortgage and debts. In return, the investors receive 12 – 14 percent interest on their investment, getting monthly checks from an escrow account.
This improves the homeowner’s credit score while giving them the opportunity to save their home.
If you’re thinking this type of activity could help those having financial difficulty, you’re right. This is a fast, low-risk way to pay off debt, even a lot...
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