Link: http://EzineArticles.com/?id=1336619

With foreclosures surging in the community not on in Charlotte, NC but around the country as well. Values are being affected due to bank repossessions. Lenders are stacking up foreclosed properties that they have to liquidate very fast. Their liquidation process is to outsource the selling aspect to real estate agents.

Agents are lazy by nature and after they list the properties they go to lunch. They aren’t really concerned about the properties selling because they have secured the listing. That is all they want is a load of listings that they can get paid when the properties sale. Whether they sale the properties or not, at that point they get paid. So they aren’t motivated to the sale the houses.

They have the Multiple Listing Services at their disposal and don’t use it as intended. Their lack of motivation is what is causing lenders to lower their asking prices. All real estate agents want is for their sellers to lower their asking prices until the property eventually sales. That is a broken way to sale houses but that is what they do.

My goal is to perserve property values in Charlotte NC because my company has interest in these properties. There is an article that was written to give homeowners few tips to avoid foreclosure when they don’t have time to list their property with a real estate agent. Remember this article will work in other markets around the country.

You can Click Here to find the article.

We will post more articles to help you out when you or someone is facing foreclosure. These methods in the articles we refer you to have been tested and proven to work. Check back with us to see updates as they become avaialble.

Since foreclosures are affecting Charlotte, NC as much as other parts of the country, I want to point out an article that you might want to read if you are faced with losing your home and you don’t have enough equity to sale. Short sales is the way to go. There article can be found at Short Sales - A way to Stop Foreclosure.

With all the fuss about the mortgage meltdown lenders are finding or incorporating different ways to help homeowners stop foreclosure and one way is the Short Sale. If you are behind on payments it is recommended that you read the short article.

According to CNN Money foreclosures were up 57% in January. This staggering news. Considering 1 out of 100 homes are threaten by foreclosure. With these numbers you can almost drive 2-3 blocks and come across a home in that may be in Notice of Default status. What this is doing is lowering the values of homes in Charlotte and other areas of the country faster than you can imagine.

Which means if your house was valued at $200,000 in January, you home could be worth about $187,000 now. So in six months you are has gone down in value by $13,000. Now this trend isn’t going to last forever. National experts predict the market to rebound in the later part of 2009. Homeowners that are faced with foreclosure that don’t have much choice but to sale their homes now, need to find an alternative way to sale their homes.

Realtors don’t list homes unless they see a way to make money. They are commissioned based so if they don’t make money from your home, they could go broke. So they minimize the types of houses they choose to list. They understand that values are dropping and are very particular with the houses they deal with.

It is a known fact that if you didn’t at least put 10% down on your home, it will take 5 years just to break even when you sale your home. The thing about the Charlotte market is that we have seen appreciation of around 3% per year. Now we are seeing depreciation in a lot of neighborhoods. The only areas appreciating now are in center city. If your home isn’t in center city you can count on your home value dropping as you read this post.

I don’t have to tell how bad the market is, anytime you turn on Dateline, 60 minutes and local news programs you hear about the real estate bust. As an investment company we have learned how to step in deals that don’t have any equity and create a deal that we can profit from without the homeowner going into their pockets to sale us their house. It took years of research for us to develope a model that allows us to work with homes Realtors turn their nose on.

Even if your home isn’t in our immediate area of investment, we have over 1,500 investors across the country that we are connected with that are always looking for their next deal. They understand the bank foreclosures have too much competition so they look to us and our associates in other markets to find them deals. Our deals that we provide them are already negotiated so all they have to do is come in with their funds and close the deal. It’s that simple.

So now you don’t have to list your home with a real estate agent that probably won’t list your home.

To find out if your home is one that we might be intersted in you need to visit our website at Stop Foreclosure Now! We can quickly analyze your home within a matter of minutes with our old school approach; pencil and pad. So you will know fast what it is we can do for you.

If you want to keep your home ask our experts about loan modifications and other methods that are common to pull your home out of foreclosure by going to Keep my Home Now! Our experts have helped homeowners keep their homes with battle tested strategies that are proven to work.

Link: http://www.buyersofcharlotte.com/ask-expert.htm

After speaking with countless of homeowners that are about to go into foreclosure the one question that keeps coming up is, “how can I keep my home and stop the foreclosure process?”

A lot of people don’t realize that the first thing they should do is to contact their lenders to see what type of programs they have available. I know sometimes the lenders have customer service representatives that are boneheads and try to make you feel like crap. Don’t worry about them they feel like crap and want everyone else to feel like them.

If you aren’t getting the type of answers to your questions from the representative tell them “you have been so helpful that I want to tell your supervisor how much you have been a bundle of joy". Using that approach will set that agent at ease to pass the call on to their supervisor. Once you get to the person that can answer your questions let them know what your situation is so they can tell you what’s available.

With most of your lenders workout plans, you have to pay something down to bring your payments current. After you do that you will find it is very easy from that point to get back on track.

You might want to consider refinancing. In order to refinance your home you can’t really have more than one or two late payments within a one year oeriod. So it’s best to try an refinance your home before you fall to far behind. Now if you are two to three months behind on your payments, you might be able to find a lender to refinance your loan, but you will pay a higher interest rates, plus a load of points upfront to get the loan closed. Just try to contact lenders about refinancing before the problem manifests itself.

A lot of people try to file Bankruptcy as a way to avoid foreclosure. Bankruptcy has helped a lot of people keep their homes, but it’s not for everyone. First of all, it is very costly. You have to pay bankruptcy attorney fees which could run upwards of a few thousand dollars, then you have to pay court cost. On top of all the fees pay, then you have to pay all of your back payments that are in bankruptcy spreaded out of a period of around 2-5 years with interest.

Some people don’t realize that while they are making their bankruptcy payments they still have to pay their mortgage on time or else their lender will file a motion for relief from stay which will lift the automatic protection bankruptcy gives the homeowner. So with bankruptcy you have two payments; your house payment and your bankruptcy payments. Those type payments can be a real strain on homeowners that were struggling to begin with. The struggle usually leads the homeowner back to facing foreclosure. Talk with a bankruptcy attorney that has your interest at hand instead of one that is money hungry.

When filing bankruptcy you want to know all of your rights and how the process will affect your lifestyle and budget.

Another route to take is get in contact with a credit counsellor. Hud offers a service for free through numerous non-profit organizations. They will go over your current situation to let you know what is available to you and what people have done in similar situations as you. You can go to the HUD website by clicking on the highlighted link or you can give them a call at (800) 569-4287 to find a local credit counsellor in your local area.

If you live in Charlotte you can also call (704) 336-4600 to get the number to the local HUD office. Their help is free and they can guide you through different steps and give you your rights as a homeowner.

For homeowners that feel like there is no way to keep your home because you are over financed and your situation isn’t temporary, you can contact us our website at Stop Foreclosure and we can analyze your house in minutes to see if it is one we can add to our inventory.

If you have tried all the options but still want to keep your home but need some expert advice or want a professional to step in help you can to our website at Keep my Home and we will let you know upfront if it is possible for us to help you stay in your home.

Link: http://www.buyersofcharlotte.com/stop-foreclosure.htm

Learn how to Stop Foreclosure by contacting a house buying company that built of everyday people that buy houses from every day people.

Most people that are in foreclosure don’t have a lot equity and find it hard to sale their home through a real estate agent. Agents don’t usually deal with homeowners that don’t have equity. They are used to listing homes with homeowners that have loads of money to pull from on their houses. If there isn’t a lot of equity in homes then the agents want you to have money to pay their commission and place that money into escrow so they can insure they receive their money.

In todays market these agents aren’t playing around. So if Realtors aren’t willing to help you sale your home, you need to find someone or a buyer on your own. By coming to this blog, you have found an active buyer that deals with the hard times owners that want to sell their home have to work through.

We have bought homes from people in foreclosure before. Charlotte, NC is our main area of interest, but we have associates in different markets around the country. If your house is outside of Charlotte we can still make arrangements to buy your house or refer you to our network of over 1,500 active investors constantly looking for houses. So if your house isn’t a fit for us, there are close to 2,000 investors we are connected with that are interested in your home.

Don’t wait to contact us, once the foreclosure process starts the ball starts moving faster and faster. The only true way to Stop Foreclosure is to act as soon as you understand that are no longer able to make your payments. Follow the highlighted link to go to my website at Stop Foreclosure fast!

Your situation may be unique, but we are problem solvers and are confident that we can find your solution and get you the cash you need to sale your house get out without handing over your shirt.

Act now to see results you will love.