Steve will be taking part in an Educational Seminar designed for California Homeowners struggling with their mortgages. Please find the below information.
What Every California Homeowner Must Know About Strategic Defaults
Dates: Thursday, June 10, Noon (CA time)-1:00 p.m. Friday, June 11, Noon (CA time)-1:00 p.m. Monday, June 14, Noon (CA time)-1:00 p.m.
Register Now!
Our office has been receiving numerous requests lately on the subject of strategic defaults. A strategic default is when a borrower stops paying on a loan obligation not because they can’t afford to pay it but because they decide it no longer makes economic sense (usually because their home is worth so much less than the balance due on their loan that they fear they are simply throwing good money after bad).
Can You Relate? You’ve tried the modification route and you’re fed up with the runaround, the delays, the repeated requests for the same documents you’ve already given, the constant turnover in new agents, hanging on the phone for hours waiting for the right person, telling the same story over and over. A short sale doesn’t sound any better. Usually, it takes months just to get lender approval and, by that time, any buyer interested today may very well be long gone…if the lender approves the sale. And brokers hate them because it means more work for less money and more uncertainty. You’re at your wit’s end. No wonder the “strategic default” is probably the hottest topic among real estate owners and investors right now. It’s all over the TV news and newspapers.
The Problems There are two big problems with the media hype and coverage so far. First, most of it focuses on the “morality” angle of this “exit strategy” (asking the rhetorical question “is walking away from your mortgage immoral?”). But this isn’t a philosophy class. This is your life. The stakes are high and it’s dangerous to make this crucial decision based on emotion. As the Wall St. Journal wrote recently: “increasing numbers of homeowners are abandoning their nests for…emotional-and sometimes irrational-reasons. It turns out that many of the Americans defaulting on their mortgages are doing so out of anger, fear or despair rather than making a purely sensible decision about their best financial interests…” (emphasis added).
This is your single most important decision about perhaps your single biggest financial investment. Now, more than ever, it’s important you make this decision based on a clear understanding of the legal and financial consequences of “walking away” so you can finally break your cycle of indecision and decide what makes the most sense for you. Second, the media tends to discuss this issue superficially, in just a few minutes and soundbites and on a broad, national level. But you must understand the unique legal consequences under California law for defaulting on your home loan. Those consequences can be extremely severe. You need a full understanding of those consequences before you “just walk away”. You can finally get the answers you need to make your decision. You can feel confident that your all-important decision is well reasoned.
Our “Agenda”: Unbiased Education For YOU This webinar’s only “agenda” is to give you the unbiased information, tools and understanding you need to make an informed decision that’s right for you. A decision that could cost or save you hundreds of thousands of dollars and literally change your life (for better or for worse). It will not try to talk you into or out of doing a strategic default. This webinar will not try to “upsell” you to some monthly subscription or future event or product. It will be a total of three hours over three days.
It will take place from noon to 1:00 p.m. (so you can easily schedule time during lunch) on three consecutive business days (so it doesn’t interfere with your weekend). It will be recorded (so don’t have to worry if you can’t be there 100% of the time and so you can re-listen to any portion that is of particular importance to you). You will hear from reputable professionals in the areas of law, credit repair, tax and residential lending. We will also provide a detailed, understandable discussion of what federal and California loan modification programs can help you today (including a discussion of HAMP, HAFA, and principal reduction possibilities).
The first two hours will be 100% content. The third hour will be answers to your questions. BONUS #1: All who register will get the “D.I.Y. Mortgage Relief System” for free (Retail Value: $247). BONUS #2: A “Do Not Call” letter form that complies with the Fair Debt Collection Practices Act (Retail Value: $100) BONUS #3: Free one-on-one consult with a lawyer to address your specific questions (up to 15 minutes)(Retail Value: $100). If you were going to get these professionals on a conference call for this length of time to get this same information, it would cost you thousands of dollars. Your decision, whatever it is, will save or cost you hundreds of thousands of dollars. This is a modest investment in your financial future.
However, we want to make this investment completely risk-free to you. So, see below for our iron-clad 30-day satisfaction 100% money-back guarantee. We can’t be fairer than that. Cost: $247 (some or all of this may be tax deductible; consult your tax adviser)
Dates: Thursday, June 10, Noon (CA time)-1:00 p.m. Friday, June 11, Noon (CA time)-1:00 p.m. Monday, June 14, Noon (CA time)-1:00 p.m.
Register Now!
OUR 30-DAY SATISFACTION 100% MONEY BACK GUARANTEE: If you are not satisfied for any reason, simply notify us in writing within 30 days after the seminar and we’ll give you a 100% refund. This does not constitute a guarantee, warranty, or prediction regarding your results.
We will have a limited number of lines available for this event and expect strong interest. We encourage you to sign up as soon as possible to make sure you get access to this important information.