Real Estate is the playing ground for investors for profits – more than any field. And it is not a secret that U.S. real estate is reeling under the pressure of depression. We are not talking here about a home owner ardently searching for a home for their family to reside, although they too stand [...]
According to financial experts, the economic recovery depends to a large extent on the growth of employment opportunities in all segments. For the simple reason of more money in the hands of people, the spending will increase, bringing every sector including real estate into life. The national unemployment rate and figures of claims on unemployment [...]
The amount of residences in America recaptured by banks, stroke a record high in the second quarter of the present year by putting the quantity of foreclosures on track to strike a record one million by the end of 2010. The reclamation of the banks enlarged 5 percent since the preceding quarter of 2009 and [...]
Foreclosure crisis; economic down-turn; uncertainty of the market trend; and financial crunch – all these are the minus points of housing markets in US today. Yet the latest Survey conducted by Move Inc. among prospective American home buyers, shows that interest in real estate as an investment has more than tripled in the last year. [...]
Foreclosure scams are like insult to the injury of foreclosure and are continuing to plague the harassed homeowners. In Arizona the situation is particularly bad. To help the people a law has been introduced to control the mushrooming of firms’ falsely promising help as regards modifications of loans. The bill (Senate Bill 1130) is prohibiting [...]
Foreclosure scammers: Beware of upfront fees and inflated guarantees – Kansas City Star Foreclosure scammers: Beware of upfront fees and inflated guaranteesKansas City Star, MOThe Federal Deposit Insurance Corp. has raised a red flag to alert homeowners about possible mortgage foreclosure scams. In the latest FDIC consumer bulletin, the agency noted that "many homeowners having difficulty [...]
What goes up must come down. But the opposite is also true, at least in finance and economics. While individual companies, share prices and investment portfolios can collapse and disappear without trace – as is all too obvious to former shareholders Continue
Another Stress for Homeowners in Distress The possibility of losing your home to foreclosure can be terrifying. The reality that scam artists are preying on the vulnerability of desperate homeowners is equally frightening. Many so-called foreclosure rescue companies or foreclosure assistance firms claim they can help you save your home. Some are brazen enough to [...]
Federal, State Partners Announce Multi-Agency Crackdown Targeting Foreclosure Rescue Scams, Loan Modification Fraud April 6, 2009 Civil Enforcement Cases, State Enforcement Actions, Alert to Financial Institutions Among New Efforts to Protect American Homeowners Seeking Relief WASHINGTON – As homeowners and communities throughout the country continue to face devastating consequences from the deep contraction in [...]
I had two properties with no renters, and both were “under water”. I had resolved myself to letting them go into foreclosure. This would have crushed my credit and I was unsettled about it to say the least.
I had a credit score of 770 and was in danger of loosing the good credit my wife and I had worked so hard to get. I decided to give Eureka a try and I am very glad I did. I just closed one loan and the other is in the process of negotiations and should close very soon.
As soon as I had this service on my side, I was able to point the creditors to them for any questions. Once the creditors had this information on file, their calls slowed to a crawl, almost overnight. I have not heard from any of the creditors from either property for a long time. I felt like I finally had someone on my side. For the first time in months, I was able to sleep without worrying about what the future held in store.
If you are in a situation where you need to sell your property and get out from under that debt, Eureka is your answer. I do not need to wish you “good luck” as Eureka will do everything they can to make your problems a thing of the past. The sooner you act, the better things will be. Give them all the information they ask for and let them take over. You’ll be glad you did.
Alan Moses
Germantown, MD
