David Mills Releases His New Ebook Revealing Ways To Prevent Being Another Foreclosure Statistic.

June 16, 2009 - PRLog -- OVER 4000,000 US CITIZENS ARE EXPECTED TO FACE FORECLOSURE THIS YEAR.

Not everyone who faces foreclosure goes on to lose their home because there are now options available which will rescue thousands of desperate home owners from the brink of despair.

Knowledge of the help available is the first step towards avoiding foreclosure and learning about the dangers of foreclosure scammers. Doing nothing will achieve nothing. It just makes things worse.
The present recession has hit hard and many home owners are receiving default notices or losing their houses which is devastating and should ba prevented at all costs. There are many ways to do this by taking advantage of the alternatives available to anyone who is currently at risk.
It is essential that the lender is contacted as soon as possible because his advice will be to everyone's benefit. Lenders do not want foreclosures either.

The United States Department of Housing and Urban Development will also prove invaluable in giving the best help and advice.
Banks will also want to avoid foreclosure and will usually work out some sort of payment plan which is easier for the borrower to manage.
Many charities are helping people to keep their homes by giving guidance and options. They are able to negotiate with lenders to reduce the interest or monthly payment.
Loan Modification is a very popular option which has helped many home owners make their monthly payments far more easily by reworking the loan.

Mortgage Refinancing could be the answer for those who have sufficient equity in their homes to meet the Bank's "loan to value" condition.
Short Sale is another option, rather than foreclosure, which has a devastating effect on credit ratings.Bankruptcy is another alternative which is best for certain situations.
There are plenty of ways to help stop home owners from losing their homes in the face of mounting financial problems.

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David Mills specialises in helping US citizens who are facing financial problems and the threat of foreclosure. Having spent most of his career working within the financial sector he has published a number of books on various subjects relating to mortgage, debt, housing market, bankruptcy and credit debt.

His latest ebook "How To Prevent Foreclosure" will help set you free from foreclosure plus, for a limited time, he has added a great free bonus ebook on "How To Terminate Foreclosure Scammers"
For more information visit http://www.how2keepyourhome.com

He is also giving free access to his new web site which gives you all types of free financial advice and currently has over 18,000 members.
For more information visit http://www.recessiontips4all.com