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Californians Lose Record Number of Homes to Foreclosure? Preventable?

By
Real Estate Broker/Owner with Straightline Group, Inc.

Good Evening!

Californians lose record number of homes to foreclosure
, according to the Los Angeles Times article released just this week.

Was this preventable? To a certain extent, yes.

A record number of homes were lost to foreclosure in California over the last three months, up 228% from last year to a high of 79,511 homes. MDA DataQuick reported that more homes were taken back by lenders in the three months ending Sept. 30 than at any time since the company started tracking foreclosures in 1992.

What's the solution to this problem? How could it have been avoided?
A:  Loan Work Outs - Loan Modifications - Forensic Doc Audits



Who is best qualified to represent you or someone you care about during this 30 to 90 day process?
A:  Qualified Paralegals and Attorneys - Experienced loan modification companies


Where do you or someone you care about get started?
A:   www.silverstarfinance.com/mods  (go to the "get help now" link once you've navigated the welcome page)


How much does it cost to find out if you are a good candidate for a modification, workout, or doc audit?
A:  Nothing

What kinds of events should you attend to stay pro-active and to prepare yourself for opportunities that will come from what we are experiencing today?
A:   We have 2 upcoming events that you can RSVP for at www.silverstarfinance.com/events. Space is limited and seats will fill quickly!


Even Secretary Paulson has stressed the urgency in doing modifications and he is highly supportive of this method as a way to prevent foreclosure and stabilize home values.  Will this benefit you and your neighborhood? Do not wait!  If you or someone you know is upside down on their mortgage, is heading towards foreclosure, has an adjustable rate loan that is set to re-cast, has a subprime loan, etc.... please, share this email with them. Make that introduction for them.  It could literally change everything for them and it's free to find out if they qualify.


Down times create opportunities. This is the time to explore what's possible for you, your family, and those you care about.


I hope you had a Fantastic Weekend!


To Your Opportunity,

Kurtis Kooiman, CMPS
Certified Mortgage Planning Specialist
Silverstar Finance, Inc.
Society of Financial Awareness

Kurtis's Active Rain
Kurtis's LinkedIn
Bus: (714) 892-1002 Ext. 313
Fax: (714) 892-1092


Parting Thought: If you truly do believe that your home value will be dropping soon, if it hasn't dropped already, then you have 2 choices RIGHT NOW. Number 1. Sell the home. Wouldn't it make sense if you are sure that the home value will drop? Number 2. Sell it while you are still living in it! This is my personal favorite. I love where I live. I love my home and I don't want to move out of my neighborhood and since I DO believe that my current home value is in jeopardy, I have already taken advantage of this opportunity and removed as much of the equity/appreciation as humanly possible so that I can use it to make money to my advantage. I'm not the only one....hundreds of my clients have done the same thing believing in what I believe in! Have you exercised any of these options yet? OH wait....there IS a third option. Number 3. Do nothing and wish you had in the future. =) I recommend #1 or #2. Just looking out for you! So, what now?  www.silverstarfinance.com/events