The purpose of this web site is to
assist in the
understanding of the foreclosure process.
Because there are two sides to the
foreclosure process this
site is divided into two sections:
- A complete
breakdown from the homeowners perspective including tips and strategies
for dealing with the bank, short sale, bankruptcy and other actions to
delay or stall the inevitable.
- A range of
techniques for the investor who sees foreclosure as a way to make good
money, including option to purchase and short sale. Also pitfalls to be
avoided at all times are included.
The site is aimed at homeowners who
have no idea of what
they are facing into and investors who have only marginal knowledge of
the
process and its pitfalls.
For the seasoned investors there may
be nothing new here but
every dog has his tale and perhaps you might find a gem to help you in
your
business.
To the homeowner I would say that
time is of the essence and
to resist all instincts to bury your head in the sand and deny the
gravity of
your situation. This is not going to go away and the most successful
outcome is
to be had by meeting the challenge head on. Become involved, own the
process,
you will be empowered and will probably be surprised if not shocked
with the
strengths you find hidden deep within yourself.
This is not the mountain you think it
is, rather it is
merely a bump on a long road. The lessons learned will only serve to
elevate
your inner strength and improve the quality of your journey through
this life.
You are not wrong, you are not bad, you are not a loser, you are just a
party
to a deal that has not worked out. Learn and prosper.
To the foreclosure investor I would
say always be aware that
you are dealing with people’s lives and to proceed with
empathy. Remember that
the best deals are win win.
The common enemy in the foreclosure
process for the
homeowner and the investor is the Bank. You are not trying to make
money from
the unfortunate homeowner. You are trying to make money from the bank.
You are
not trying to screw the homeowner you are trying to screw the bank
The first and foremost object of your
negotiations with the
homeowner should be to clearly show the homeowner that you are on their
side
and that your intention as part of your dealings with the bank is for
the
homeowner to achieve their goal.
Remember the homeowner is your
partner. Remember win win.
