When President Bush first proposed the HOPE for Homeowners program it seemed like the ideal solution to a nation in the middle of a plummeting housing crisis. Obama's modifications of the program through the "Helping Families Save Their Homes Act," which made it easier for homeowners to refinance through HUD, should have made the situation better, not worse. Yet of the three to four million American families that applied for assistance through these programs less than 6% have received the help they desperately needed.
Of those, 82.5% had third party assistance from companies like 1st Foreclosure Prevention.
"Consumer advocacy groups are now saying that the process for a modification and foreclosure help is so complicated for homeowners and the banks, lenders and servicers have made homeowners so wary of using third parties for help that more people than ever are facing losing their homes," state 1st Foreclosure Prevention media representatives. "They are now urging people to use third parties to help them with the process."
1st Foreclosure Prevention helps homeowners evaluate all of their options to stop foreclosure to find the one that's right for their situation, including refinancing their mortgage through programs like HOPE for Homeowners, loan modification and a short sale of their home.
"Unlike some foreclosure prevention companies that are only interested in obtaining a fee or getting a sale, we realize the impact that [these options] can have on your situation," state 1st Foreclosure representatives.
1st Foreclosure Prevention provides a free foreclosure evaluation and consultation with their loss mitigation team of certified loss mitigation specialists, expert negotiators and real estate professionals. No payment is required until the homeowner has chosen the best solution for their situation, and fees are determined on a case by case basis.
With over a decade of experience, 1st Foreclosure has one of the best track records in the industry when it comes to stopping foreclosure.
"If…you are currently behind on your mortgage payments, or foresee that you will soon be unable to continue making your payments, you do have options. Contact us today," urge 1st Foreclosure Representatives. "We will make sure that the options presented to you give you the best way out of your situation with the least amount of negative impact to you, your family, your credit and your finances."
For more information and a free evaluation on Hope for Homeowners, Loan Modifications, Making Home Affordable and stopping foreclosure with 1st Foreclosure Prevention, visit www.1stforeclosureprevention.com or call (866) 477-7050.
