We have discussed a variety of diabolical schemes in this report. At this point, I have just two more words for you – DON’T PANIC!
Most vultures prey on your confusion, miseducation, and high stress level. They are waiting to take advantage of your lack of time, money, patience, and knowledge of the system – at your greatest point of confusion, they will present an offer that looks great on the surface, but had a hidden agenda underneath.
Thankfully, there’s plenty of good news to consider.
First, to be fair to the GOOD apples in the bunch, not all Investors, Mortgage Bankers, Foreclosure Consultants, or Realtors are vultures. Secondly, not all scenarios offered to you are illegal or immoral. For example:
• An investor CAN rent your house back to you – ensure the terms are beneficial and you fully understand the lease violations.
• A company CAN provide you with a sub-prime loan to refinance your home - not all sub-prime loans are predatory. Ensure that you are not pressured into a loan you cannot afford.
• A company CAN lend you money to bring your loan current – ensure that you are not signing a document you do not understand and receive legal counsel if you are unsure of the agreement.
• A third party CAN take over the payments for your house – ensure the penalties for a missed payment do not solely fall upon your shoulders.
There are many viable solutions that will be offered to you. As long as you review all the documentation and the benefit to you COMPLETELY and THOROUGHLY, vultures do not stand a chance with you and your property.
If you are facing foreclosure, it is imperative that you proceed forward armed with knowledge and a cool head. Forewarned is forearmed – now is the time to educate yourself on the options you have available to you and take action towards saving your home.
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