How To Avoid Foreclosure: Surviving the Mortgage Crisis
Foreclosure? A scary concept, and very big trouble, bigger than most people even realize. Obviously, it’s something to be avoided at all costs.
With the mortgage crisis being all over the news, and self-help being my mantra, I thought that even though this is topic is a bit different from my usual upbeat prosperity focused themes, I would devote an entry to it because…
I just came across a fantastic resource for anyone who is sweating about their Option ARM mortgage (that’s an adjustable rate mortgage where one has the option to pay less than the interest, for those of you who are blissfully unfamiliar with that particular item). It may have seemed like a good deal (or a lifesaver) while home values were rising, especially in hopes of big future raises, but when those raises don’t come through and home values are dropping: big trouble!
Tamera Aragon has written an outstanding resource manual for anyone who needs help or even knows someone who could use some help: “Avoid Foreclosure with SMART STEPS.” I heard her and her business partner Michelle talk about it in a teleseminar and just checked out the book. It’s terrific! Both of them really know their stuff.
Not that they are lawyers — they are both real estate investors and both of them know much of that subject from previous personal experience. So they’ve been there, and their mission is to help other people avoid that painful experience.
So if you know anyone who could benefit from this information , check out their SMART STEPS.
