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Further
Reading ...
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How secure do you feel at your job - Jim Heim
We are all familiar with the term “corporate restructure” in this day and age. Do you ever think one will ever personally affect you? After being employed by a major Midwestern retail chain for 28 years I didn’t think so. I started working for them...
Can you afford Not to look After your Personal Finances? - Mika Hamilton
Investing is a subject a lot of people don’t want to think about. And there is good reason for that. Investing seems scary. It either sounds like something only the rich do or something that only a skilled professional can do. But the truth is that...
In Depth Analysis of a Successful Niche Product - Gary Huynh
The product is about teaching your parrot how to talk. Now THAT is a niche! http://www.yourparrotwilltalk.com There are a few niche information products targeting pet owners. Creating a product for pet owners is a very sound idea. People love...
Five Things Smart Leaders Do to Lower the Barriers to Change - Guy Harris
Smart leaders understand that they don’t “make” a change happen. They recognize that the people in their organization do the work, change behaviors, and, ultimately, make the change happen. They understand that their role is to make the change...
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Five Things Never To Tell Your Mortgage Lender When Facing Foreclosure
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Written By:
Bobby Johnson
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1. Never discuss your household finances over the phone with the collection department. What you don’t know is that you are being qualified and not know it. This is the easiest and fastest way to get a turn down. Request a homeowners assistance package so that you can submit the require information.
2. Never tell them you are broke. Even though you may qualify for a special forbearance or modification, you will still need legal fees and foreclosure cost. These fees cannot be put back into the loan. Your lender prepaid them to their attorney to start the foreclosure process.
3. Never tell them you do not live in the property. Under FHA guidelines, before you are granted any workout, you must reside in the property. If you have moved out and your property became an investment property, you better get someone in there with a lease or rental contract before the sale date.
4. Never tell them you are not working, in most cases you will not be approved. Depending on your sale date, your mortgage lender may not be able to qualify you for a special forbearance because of the amount of time left.
If you can’t find a job, I suggest you start a small business months before your sale date, - continued below ...
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continued ...
make some money, deposit your income and prepare a Profit and Loss Statement to prove income. Telling them you get paid cash and you can’t prove it won’t hold water.
5. Never tell them the reason you fell behind is because you mismanage your money. How do you expect for them to give you a workout when you still have the potential of falling behind again?
Copyright, Bobby Johnson-2004, All right reserved
Bobby Johnson is a Comprehensive Financial Planner who speaks on the topic “How to Eliminate Debt and Build Wealth”, “How To Get Triple AAA Credit with The Help From The IRS.” “ How Business Owners Can Save Their Business Without Filing Bankruptcy” he is the author of “Four Hours to Financial Freedom” and “Attract More Clients, Win Back Pass Customers & Make More Money”. Bobby has saved homeowners millions by not filing Chapter 13 and exposing the secrets used by mortgage lenders title in his latest book “ How To Save Your Home From Foreclosure and Not Lose Your Mind” Http://www.foreclosuremanual.ieasysite.com. You may reach him by email: bjohn54928@aol.com.
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Delegation: When to Delegate, Who to Delegate to - Kate Hufstetler
There are some very simple guides for delegation. Most people delegate based on not wanting to do something. They simply walk out to their secretary or the closest sub-ordinate and ask them to do/finish the project. These people use delegation as...
The Benefits of Radiant Heating: How Do They Compare With Other Heating Applications - Larry Lentz II
Some of the benefits of radiant heat Comfort: Let your bare feet soak up the warmth of soothing heat without the dust and noise associated with other heating sources. Enjoy evenly distributed heat throughout your home kitchen, bedroom, bathroom and...
Become an Internet Marketing "GURU" - Virgil Reich
Become one of Internets Marketing Guru’s by using Virgil’s Tips, Tools, and Opportunities. These tools, Tips, and Opportunities will supply the information necessary to make you wealthy by marketing via the internet. To market any product or...
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