 |
Veteran Finance Expert Helps Homeowners Avoid Foreclosure During Tough Times
Uniondale, NY (PRWEB) November 16, 2006 -- For most Americans, buying a home is the largest purchase they will make. These days, when interest rates and other costs are rising, many otherwise good home owners find themselves in financial trouble.
"I use a creative way for investors to come into the picture, giving a homeowner in trouble a sound and honorable way to save their home and the money they have invested in their home," says Jeff Spellman of JS Real Estate Solutions.
Homeowners participating in this program have at least 35% equity in their homes. The program charges them 12-14% depending on the deal's Loan to Value. Investors put in money and are in first position on the mortgage.
The money raised from investors is used to pay down the homeowner's first mortgage and debts. At closing, a year's interest is taken out and put in an escrowed account to go to investors.
Spellman, who spent many years in the banking industry, uses such advanced investment techniques to help homeowners in a variety of ways.
Homeowners in foreclosure can visit Spellman's site, provide basic info, then receive a free article and interview that answers the most common and important questions about foreclosure. Site visitors can also submit their mortgage information for a no-cost analysis to determine if the homeowner can save mortgage interest and own their home sooner.
"By paying your home mortgage every two weeks instead of once per month, you save a massive amount of interest, reducing the price of your home by tens of thousands of dollars," Spellman said.
On average, home owners who pay every two weeks save $60,000 and own their homes outright years sooner. Equity is built up to three times faster, which Spellman again points to as a way to get more investment value from a home.
These techniques and more are covered on Spellman's new site, the online portal for J.S. Real Estate Solutions. See the site at http://www.jsrealestatesolutions.com .
Investors can receive a free audio download of "Earning 12-14% as a Private Investor." After providing basic information, investors receive a free CD and bonus materials.
"We have additional opportunities earning 16% for accredited investors along with other pre-construction opportunities," Spellman said.
J.S. Real Estate Solutions not only works with clients in New York State to avoid foreclosure, they help homeowners by creating payment plans with creditors, setting up forbearance agreements that let you delay mortgage payments, explaining why bankruptcy is a poor option, selling property, and more.
Contact: Jeff Spellman
(516) 808-4105
###
This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
|
 |
How To Work Out Your Finances With A Debt Consolidation Loan
A debt consolidation loan offers a world of opportunities for someone who is serious about getting out of debt. Here are some ways in which you can plan your finances better with such a scheme.
How A Debt Consolidation Loan Saves You Money
If you feel as though you are drowning in debt, there is a way to save money while paying back those loans. You can even save money in high-interest credit cards. A debt consolidation loan can help you reduce your monthly payments and save money in interest rates. Because of how loan consolidation works, it is also easier to pay off your loans when you consolidate them through a consolidation loan.
Debt Consolidation Loans Can Save You Money
In todays economy it is all too easy for people to have credit problems and often it isnt even their fault. Some people overspend with things like credit cards while others have jobs that give them enough money to cover credit card bills. However, a sudden severe illness or injury can cause someone to miss a lot of work and a layoff of a job may cause a loss of income for months until a new job can be found. In any of these situations the answers may be secured loans.
Debt Consolidation And Debt Consolidation Loan
Nowadays, people who suffer from the devastating problem concerning their debts as a financial burden settle for debt consolidation As they say, ?Debt can be a deadly quicksand that consumes you
Debt Consolidation Loan and Consolidation Loans
Debt consolidation loan services act as a third party intermediary to assist you in negotiating lower interest fees and monthly payments with your unsecured debt holders. If you are falling behind on your monthly payments, as many consumers are, you can quickly build up late fees and over limit fees.
Bring Order To Your Finances With A Personal Debt Consolidation Loan
There comes a time in your life when you will find that you are caught neck deep in debt. Look at all the cash you can easily borrow and spend - there are credit cards for the asking, personal loans, home loans, you ask for it and the money is bang on the table. And, given the ease of so much available money, anyone can get carried away and go on a spending binge. Even you. And then debt piles up. And troubles begin.
Student Loan Debt Consolidation The answer to future financial loan burdens
Accomplishments is completely important for the reason that either someone. Achieving a higher coaching is probably any of the dreams about each student and this is beyond feasible because of Student Loans There are a couple of ways on route to apply and obtain a student policy loan and get hold of the most excellent student loan for you. It is elemental that you absorb the whole lot the essentials that they need to procure the student collateral loan that will contain your needs. There are two sources of student loans. The central and exclusive financial institutions. Two relating to these sorts necessitates repayment of the loan. Federal student loans are sponsored agreeable to administration. The three fundamental federal collateral ...
Debt consolidation loan UK: Simplifying your finances
Debt consolidation loan UK is a perfect way of organising your various existing debts. Using the proceeds of the debt consolidation loan UK, you can repay all your existing debts like credit card bills, store bills or other petty loans that are attracting high rate of interest. This will allow you to convert your multiple debts into one easily manageable loan and may also result in lot of savings on account of low rate of interest.
Reduce Debt And Gain Financial Stability With An Unsecured Debt Consolidation Loan
What would you say if I told you that an unsecured debt consolidation loan could save your marriage? What about your life? If debt levels become unmanageable, financial stability is affected and financial stress can affect every area of your life: relationships, marriage, health and even your ability to perform your job well at work. People whose financial lives are out of control can get so stressed they have nervous breakdowns, health crises and in extreme circumstances have been known to commit suicide. Even if things don?t get that bad, statistics tell us that many marriages fail under the pressure of debt.
Seeking Assistance In Regard To A Debt Consolidation Loan: Non Profit Debt Consolidation Services
In the 21st century, many, many men and women find themselves struggling with their finances. If you are reviewing this article, chances are that you are a person who is struggling with your finances and your debt today. You are a person who is looking for a course you can take to deal with your out of control debt. In this regard, you might be interested in obtaining a personal debt consolidation loan.
Bad Credit Debt Consolidation Loans - Getting a Debt Consolidation Loan, Even With Poor Credit
An online debt consolidation loan allows even people with a poor credit to reduce their overall monthly payments and regain their financial footing. While there are personal loans that allow you to do this, tapping into your home's equity is a better option.
|
