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Prevent Foreclosure

There are many reasons to prevent foreclosure, but few options to help homeowners save their homes. Foreclosure is a scary. It ruins your credit and leaves you feeling as if your life is spinning out of control. Everyone needs a roof over their head and a place to call home. Having the bank snatch it away after you spent years working hard to buy a house is devastating.

In order to prevent foreclosure, the first thing you must do is contact your mortgage lender. When you fall behind on your mortgage payments, your loan is assigned to a bank loss mitigator. The primary role of loss mitigators is to help borrowers devise a plan to prevent foreclosure by getting back on track with payments

Most loss mitigators have an overwhelming caseload. With millions of people losing their homes to foreclosure, the banks have a hard time keeping up. You must be persistent in making contact with your lender. Otherwise, they will initiate pre-foreclosure; making it more challenging to save your home.

In most cases, loss mitigators will offer a loan modification, which permanently changes the terms of your mortgage note. Typically, you will be required to cure mortgage arrearages before the loan can be altered. If you are have fallen behind by two or months, curing arrearages can be next to impossible.

If you have lost your job and do not possess the financial means to continue paying your mortgage payments, the loss mitigator might offer the option of a short sale. With short sales, lenders agree to accept less than is owed on the balance of the loan.

The short sale process is rather complicated and time-consuming. You will need to supply financial documents such as pay stubs, tax returns, and income and expense reports. You will also need to write a short sale hardship letter outlining the reasons that caused you to become delinquent on your mortgage note.

Few people can muddle through the short sale process on their own. Although loss mitigator's can offer some assistance, they do not have time to hold your hand and explain every detail. In hard hit foreclosure states such as California and Florida, loss mitigators receive hundreds of short sale requests each week. If you want your short sale request to stand out above the rest, you need to be organized and prepared.

Simon Volkov has extensive experience in helping struggling homeowners obtain short sale approval. His team has successfully completed more than 390 transactions in California, Florida and Washington.

Currently, Simon is offering an unheard of opportunity. Although he has realtors lined up wanting Simon to handle all their short sale real estate transactions, Simon prefers to work with individuals who need help now in order to stop foreclosure.

If you are on the brink of losing your home, you must take action today. Due to time constraints and the complexity of short sale transactions, Simon can only work with a few people. Additionally, Simon is very selective about who he works with. Homeowners must meet our stringent guidelines and be willing to let Simon take control of the transaction.

To determine if you qualify for this unique short sale opportunity, enter information about your property via the "we buy houses" form. Simon will receive the information and contact you by phone to discuss available options.

If you are approved, Simon Volkov will purchase your home and guide you through the short sale process. You have nothing to lose and everything to gain. However, you must take action now. The short sale process takes several months to complete. If your lender has sent you foreclosure notification you cannot afford to waste another minute