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Home Owners - Loss Mitigation
I attended a Webinar for an on-line company called Freedom Foreclosure Prevention Services, LLC [FFPS]. This company is unique for they offer mitigation to homeowners who are in or in danger of facing foreclosure. Consultants are trained by the company, tuition is 100% tax deductible and while in training, new recruits can earn while they learn. Consultants, has on-line tools to process leads and track closures by certified professionals. What impressed me most about FFPS from the perspective of a homeowner who may be in foreclosure status or in danger of facing foreclosure are as follows: * no upfront fees to review homeowners' current mortgage status * homeowner is not refinancing, consolidating debt, nor baited into a "short sale" * negotiations for restructuring an agreeable payment plan between the homeowner and finance institution is generated from 'net income' not gross income * FICO nor credit scores are considered in mitigation negotiations * upside down mortgages are also reviewed for possible mitigation * the homeowner can learn if (s)he can be helped by FFPS in a couple of days - FREE! The purpose of this company is to quell the rate of forclosures throughout the USA and help the homeowner prevent losing his/her home.
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Contributor's Note
As of this posting, I am not an affiliate of Freedom Foreclosure Prevention Services, LLC; however, I am considering becoming involved as a Consultant.
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The copyright for this content entitled "Home Owners - Loss Mitigation" has been specified by the contributor as:
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This intel was contributed by JazLive

JazLive
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May, 2012
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