Why Not Use the Foreclosure Procedure to Blow Up Your Power and Expand Your Capacity?

I want to talk for a moment about your feelings that you are trapped in the foreclosure procedure. I fully understand and comprehend why you might feel that way.  It is very easy to feel stuck; to feel debilitated; to feel depressed; to feel totally diminished by being caught up in the foreclosure procedure.

James and Julie were in this position. They didn’t know what to do. They felt like they had no power whatsoever.  After all, when they looked at their lives, they recognized that they had been struggling with finances for many, many, many years. Actually, it had been the ever unending story in their lives; it seemed like a story they both inherited from their parents.  There was never enough money.  They was always more month than money. They were never any extras. There was always more bills, and they always seemed to be paying their bills late. They always seemed to have bad credit, and now, after years of debilitating financial struggle and hardship, finally they find themselves stuck in the foreclosure process. Bad credit, no power, nothing that allows them to experience even a taste of the good life, and that’s where I met them. I had three simple solutions for James and Julie, and I will freely share them with you.

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Can You Relate to My Friend’s Foreclosure Story?

Are You Aware There is an Answer to Foreclosure? Do you have good friends that you touch base with a couple times per year? Due to families, busy lifestyles and distance you just don’t connect as often as you would like. Aren’t those the calls that really make your day? Reconnecting with old friends. I had the pleasure to speak with Jim who has been a dear friend for over 20 years now. Although, this conversation was an eye opener for me. Jim lost his job a few years ago and this was right when certain areas had started going into what looks to be a recession. His wife, Jackie also worked at the same employer and was let go during the wave of lay-offs too. Here they were both unemployed from their jobs.  Now, where they worked was an excellent company as far as pay and benefits. NO MORE.

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Do You Want The Seven Golden Strategies For Stopping Foreclosure And Building Wealth And Happiness?

Recently, I came across a book by Jim Rohn called Seven Strategies for Wealth and Happiness. And boy did it give me a powerful conversation to share with you that I think will greatly transform your life and help you solve your foreclosure. I was in the process of helping somebody who was in foreclosure.  His name was Thomas.

Thomas had found himself in the precarious financial situation of an impending foreclosure.  He felt stuck in the foreclosure procedure.  He was in the midst of losing everything he once had and everything he had worked so hard for. But now the prospect of losing his home, his security, his hard-earned equity along with his peace of mind, and dignity was devastating. But even worse than that, the looming questions of where would he live; what would he do; where would his family live; and how would his children survive appeared larger than life? So who really wants to go through a foreclosure?

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Can You Become Unstoppable in the Face of the Foreclosure Procedure?

I want you to meet Daniel and Mary.  They live in Arizona and until recently were very happy with their beautiful two story home. There was plenty of space for their their children Kendal and Kathy to play and a big back yard for the cat and the dog. In a very real sense they lived like the typical American family until they faced the troubling threat of losing their home to foreclosure.

There are millions in our nation right now who are facing this impending probability of foreclosure. So, if you’re one of those who are stuck in the foreclosure procedure and you’ve received a letter or a notice of default from your bank and you are threatened with the possibility of losing your equity and losing your hard-earned security, I want you to know that there’s an access here, or an opportunity, for you to win and become unstoppable in the face of foreclosure.

Many times in the midst of life’s crises we choose to let the circumstances stop us.  But what I’ve discovered is that if you are somehow able to go through these circumstances then there is possibly a more powerful life on the other side.  That is because the circumstances that you’re able to conquer and go through carry for you an incredible possibility in terms of growth, development and personal power.

But that is only if you’re able to go and get to the other side of your circumstances. For Daniel and his wife, Mary who were facing foreclosure the situation was very real.  They didn’t know what they were going to do.  They had already received a foreclosure notice from the bank, a notice of default. They had 30 days to stop their foreclosure. Can you imagine having to here those shock words that in 30 days, the bank promised that they were going to come in and repossess their house?

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Caught in the Foreclosure Process?

Recently, I came across the story of a young man who had basically checked out of life while caught in the foreclosure process.

For sure the procedure of going through foreclosure is grueling, devastating, and oftentimes downright demeaning, and many people choose in the moment of this crisis, to check out.

By checking out I mean they just give up.

This young man who I’ll call Sam was in this very position. He felt like he was in a deep, dark hole, and that there was no way to get out. No matter who he turned to and no matter who he called on, nobody wanted to help him.

When he called the lender no one wanted to talk to him.

When he called the bank, he got no returned call.

When he called his broker, there were no answers, and so Sam, instead of choosing to check into life, checked out.

How did he check out?

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Can You Find a Foreclosure Angel to Help You Stop the Foreclosure Procedure?

I clearly remembered just yesterday hearing this story, the story of a Dallas woman who went to the auction where her house was being auctioned. Wow, what a gripping experience.

There she was in tears on the floor, feeling the impending gloom and doom of losing a house. She really went just to say goodbye to her home, but in the process she met somebody, a woman by the name of Marilyn Mock, who became her foreclosure angel by coming to the rescue.

Right there at the auction in the conversation, Marilyn asked her what was wrong, why is she crying?

She said, I’m losing my house today due to foreclosure.

I love this story because Marilyn proceeded to bid on her house and keep on bidding on that house until she finally ended up buying that house for her at the auction from the bank and she gave it back to her. Now I don’t know what kind of arrangement Marilyn and Tracy would make, whether or not Tracy would have to pay her back, or whether she would just live in the house for free.

But what I do know is that at the last minute, Tracy found somebody who could help her.

I want you to know that if you’re facing foreclosure it is possible to find your own foreclosure angel.

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How Does the Foreclosure Process Impact the Family?

How does the Foreclosure Process Impact the Family? Great question! And there must be only one reason why you are asking. Tell me the truth – you got a hand-delivered letter from the bank, right? You’re in foreclosure. The bank is saying they intend to sell your house. 

What a terrible tragedy! You’re wondering “How in the world can they do that? Can they really sell my house without my permission?” This was Sam’s story.  He lived in a beautiful suburban 3–bedroom house with a 2-car garage and a nice front yard. He and his family had lived there for 15 years. 

But now because of some unforeseen circumstances, they found themselves facing foreclosure. Now that was a dreadful word in his mind.  He wasn’t even sure what foreclosure meant.  He just knew it sounded bad.  He knew he didn’t know much about the foreclosure process and wasn’t sure he wanted to learn.

But there was one thing that concerned him.  It was, “Do I or do not own this house?”  Yeah, I owed money on the house but that is far less than what the house is worth, he thought to himself.  Later that evening he talked it over with his wife.  She didn’t have much more knowledge about the foreclosure process either. 

All she knew was that the house was titled in their name. She was aware that they were behind on their payments but she was thinking the same way Sam was thinking.  Carol thought for sure the foreclosure process was only for those who had no equity at all in their house.  And as far as she could remember, they had at least $200,000 equity on a house that was worth $450,000.

So she was shocked to get this letter too. What both Sam and Carol didn’t realize is that when you have title to a house, that gives you ownership and the right to do what you want on the property but that does not mean that the bank does not have an interest in the house.

All it means is that as long as you continue to make your payments on time, the bank will let you live there. Ownership means you get to direct what happens on the house – paint, renovations, change the colour but you can’t do anything that will in the long term jeopardize the bank’s interest in the property. 

For instance, you can’t pick the house up and move it away.  And then tell the bank I moved the house.  That is not going to go over very well. So Sam and Carol had a rude awakening to the realities of the foreclosure process. They learned that this foreclosure process could be quite impacting on their family.  They decided to get help getting out of foreclosure.

First, by not being aware and not having knowledge how the foreclosure process worked in their state, they felt fear, uncertainty and a sense of helplessness. And then of course, their belief that as long as they owned the house or had title to the property they were safe from the process was false.

As I talked with Sam and Carol, I will never forget the thoughts that crossed my mind. How many other well-meaning families think there is nothing to worry about as long as they have title to the house?

Are there really that many people out there who are thinking the bank is going to leave me alone and I am not going to be affected by the myriads of foreclosures going on because I own my house. I alerted Sam and Carol to the truth. That anybody could fall into the foreclosure process if you fail to satisfy the demands of your mortgage or your loan agreement.

· So the first thing that they needed to know was the foreclosure process in their state. How much time does a bank or lender wait before beginning the foreclosure process and how much time do they have after the foreclosure process begins to save their house?

· The second thing they needed to know was what possible steps could they take to stop the foreclosure process and how do they go about taking those steps. This was really a difficult and challenging conversation for them to have. It forced them start talking about some issues that they had not talked about for the longest while. They had to start talking about money, work, budget, employment, future goals, and savings.

They had to confront certain things about themselves, their family, and their lives. But most of all they realized what they did not want to be involved in the foreclosure process. And they had the power to stop the foreclosure process but they had to start taking action.

In order for foreclosure to stop, they knew what they must do. They had to make changes and now. The alternative to making changes in their lives would be to suffer the indignities of foreclosure. What exactly would that mean? I told them clearly – they needed to

· change their spending,

· plan a budget – a map for their necessities, obligations and wants,

· start saving,

· create a plan to pay off arrears and

· maintain on-time payments on the house loan,

If they didn’t do this the foreclosure process would end up with them suffering the loss of their home. Here’s what that would look like. Most likely, there would be a public notice of foreclosure. The negative impact of shame and embarrassment would be felt.

The neighbours, friends and family would read that the house was being put up for public auction with a sign on the front lawn saying Bank Sale. Their credit would be severely blemished. Their dignity and pride would suffer as they would have to explain to their children that they were moving away from friends and schoolmates.

So the impact of the foreclosure process on the family home is severe and great. When the bank sells your house, most times, they sell it far below market value. In some states, they give you none of your equity which you have worked hard to built up. In other states, you will get just a little piece.

But the saddest story is that many are in the foreclosure process who do not have to be there. There are so many options available and so many solutions possible for so many.

As the Foreclosure Doctor (Online), I am here to tell you that Sam and Carol ended up saving their home. They were willing to change, adapt and take action. They did what was necessary to stop the foreclosure process, to get help getting out of foreclosure, and to avert its impact on their lives and their family.

The same actions they took are available to you today. I am prepared with a wealth of experience, knowledge and understanding to help you as you go through the foreclosure process. I am glad to answer your questions and provide guidance and direction so that you too can avoid the impact of foreclosure on your family home.

Decide today to get help getting out of foreclosure. Don’t think your’s is a lost cause. You do not have to think that there is no hope. For a limited time, you can contact the Foreclosure Doctor (Online) today. I can do the following for you … have a one-on-one interview and consultation to find out where you have been, where you are now, and where you intend to go.

Together we will structure a plan and a strategy for stopping your foreclosure. I will then personally refer your case to the Loan Negotiator Group whom I have partnered with and they will get you a loan modification should that be the pathway and direction we choose. Don’t wait until it is too late and you begin feeling the impact of the foreclosure impact on your family. Contact me today.

The Foreclosure Doctor (Online)