HIGH DEMAND! Millions in Foreclosure and Mortgage Delinquency.
Foreclosures and mortgage delinquencies are at an all time high and number in the millions. U.S. homeowners are losing their homes at record rates with no end in sight. The experts predict this is only the tip of the iceberg - in the next few years this epidemic will increase five-to-tenfold.
EXPERTS PREDICT THAT AMERICA WILL SEE CLOSE TO 7,000,000 FORECLOSURES IN THE NEXT 5 YEARS!!!.
"In a clear sign of serious unfolding problems, the Mortgage Banking Association (MBA) survey reports that 12% of Federal Housing Administration (FHA) loans are either in foreclosure or delinquent. The delinquency and foreclosure numbers are quite alarming and indicative (along with FHA data) of fundamental systemic lending shortcomings.
A Record Number Lose Their Homes. According to end of year foreclosure report: 800,000 entered foreclosure in the Second Half of 2007.
That is OVER 133,000 foreclosures per MONTH!
HOMEOWNERS AREN'T FAMILIAR WITH THEIR RIGHTS OR OPTIONS
Most homeowners have no one to provide them with assistance in rectifying their delinquency situations - they simply aren't familiar with the rights or options they have available to stop the foreclosure process. As a result, they are inundated with dozens of calls from real estate investors, who naturally want their property, or attorneys, who advise them to file bankruptcy - not knowing that Loss Mitigation will earn the same fee, take less time, and produce a much more favorable result. These professionals do not have the homeowner's interest at heart, trying to take advantage of the homeowner's misfortune. Without some intervention from an outside source, foreclosure is right around the corner. This has created a massive niche market, untapped until now, creating a lucrative opportunity for you.
Niche Market
Minimal Competition
Loss Mitigation is the process of negotiating, on behalf of the homeowner, with the lender (or investor), stopping the foreclosure process, and coming to a settlement. It is meant to be a win-win-win situation for everyone involved (You, Homeowner, Lender). This is a well-hidden industry with little to no competition.
VERY FEW CERTIFIED LOSS MITIGATION CONSULTANTS
There are MANY so-called Foreclosure Prevention "Consultants" out there. Most are only looking for investment properties and are portraying themselves as Professionals interested in 'helping the homeowner'. They're not! At this moment, this is a predatory industry. There are a FEW Loss Mitigation companies acting on behalf of the homeowner - the competition is scarce or non-existent (check your local area).
Don't misunderstand here - when we say predatory, it is only because the Foreclosure Industry truly is a predatory industry at this point. MOST OF US are ignorant of Loss Mitigation and the promise it holds for people in foreclosure or mortgage delinquency. After all, before we introduced the term Loss Mitigation, had you ever heard of it? Neither have most investors and attorneys - they unknowingly think what they offer the homeowner is the only viable solution to their dilemma, not knowing there is another option - a better solution - Loss Mitigation!
If you would like to learn more about the Loss Mitigation Industry, Freedom Foreclosure Prevention Services has an informational webinar that you can attend that will answer most of your questions.
Call 1-800-894-2706 ext 2003 for a recorded overview of FFPS and the Loss mitigation industry.
Friday, April 4, 2008
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