Stop The Home Forclosure Madness Here In Portland, Oregon

Obamas' new foreclosure prevention plan is a 1 Trillion Dollar bureaucratic bog and SUCKS for 80% of folks trying to avoid foreclosure!

Now don't get me wrong, I'm not personally attacking him but from a few decaids back "where's the beef"? It hasn't even touched the iceberg. Truth is massive defaults to date were caused by - borrower fraud, home price declines leading to walking away, secondary financing and job loss.



I wanted to share the issues with you before you forget to ACT NOW to get foreclosure help before it's too late. I know because I've been there. The plan targets two groups of borrowers with preferred refinancing and loan modifications.

I'm Rick Safko, a real estate investor who will not humiliate or insult you. I believe all homeowners should have a hopnest chance to renegotiate the loan if at all possible! If there is no Win/Win/Win for all of us, great, no harm no foul. If not then you will Win with the best free forclosure information I can find and share. No strings attached. Period.

Contact Me HERE For Your Free Conseltaion

First, here are some of the Obama details that may help if you are going into foreclosure:

Refinancing:
Loan must be owned or guaranteed by Fannie or Freddie.
Homeowners only (no investors/non-occupant owners).
Loan must be in good standing.
Borrower must be able to afford new payments.
Loan To Value must not be over 105%1st liens only.
Old and new borrowers must be the same.

Loan Modifications:
1st liens only...dated before 1-Jan-2009.
Homeowners only (no investors/non-occupant owners).
Single Family Home under $729,750 only.
Borrowers may be: delinquent; in bankruptcy; in active litigation with the existing mortgage company.
Principal, Interest, Taxes and Insurance must be over 31% of borrowers' gross monthly income.
Borrower pays no fees, unpaid late fees are waived, and borrower can not be required to contribute cash.
If you need help on the above options or they cannot stop your foreclosure with or without equity then you must think out of the box by clicking HERE. What's in it for you? Truth that works, Baby. Done being the victum? Click HERE to get access to your real options.

NOTE: The rest of the details on Obamas' plan are available here: http://www.financialstability.gov/docs/borrower_qa.pdf

***Make sure and talk with your CPA/Attorney about all of this if you want to take advantage of it***

This, along with the announced government/private "toxic" mortgage partnership is likely to solidify the real estate market and make 2009 a very interesting year. See for more "toxic" details:http://www.npr.org/templates/story/story.php?storyId=102250826

Rick Safko, Real Estate Solutions
Portland, OR - Vancouver, WA
971-222-3578
rick@stopforeclosureportlandvancouver.com
http://www.stopforeclosureportlandvancouver.com