Stop Foreclosures With Prepaid Legal Services

Batts Investments exists to help you find creative solutions to resolving distressed property problems such as solutions like foreclosures and difficult to sell real estate properties. While we offer cash for houses and distressed properties, our priority is to help you keep your home. Batts Investments offers a number of services ranging from their Pre-Paid Legal Service Memberships to short sales assistance. What this means for you, is that

(1) they will offer you a Pre-Paid Legal Services Membership to assist in a legal resolution or

(2) negotiate with your lender so that a portion of your mortgage debt can be forgiven in exchange for a short sale of the property to avoid the pending foreclosure.

Foreclosures are one of the fastest growing epidemics today. Employ HUD (The Department of Housing and Urban Development) approved the methods that Batts uses to assist you in avoiding foreclosure. You have a ton of options when comes to avoiding foreclosure: If you are unable to make your mortgage payments, Batts suggests you take the following steps:

1. Don't ignore the problem. The further behind you become, the harder it is to re-instate your loan and the more likely it is that you will eventually lose your home to foreclosure.

2. Contact your lender as soon as you realize that you have a problem paying your mortgage. Lenders do not want your house. They have options to help borrowers like you through difficult financial times. Often times homeowners are too embarrassed to discuss their situation with their lenders until it is too late to salvage their home.

3. Open and respond to all mail from your lender. The first notices you receive will offer good information about foreclosure prevention options that are available to you. Later mail may include important notice of pending legal action. Your failure to open or acknowledge receipt of the letters will be an acceptable excuse in foreclosure related court proceedings.

4. Know your mortgage rights. Find your loan documents and read them so you know what you lender may do if you can't make your mortgage payments. Learn about the foreclosure laws in your state (as every state is different) by contacting the State Government Housing Office.

5. Understand foreclosure prevention options or contact us for help. While we are experienced in helping home owners avoid foreclosure, we will also help you understand the law and your options, organize you finances, and represent you in negotiations with your lender if you need this assistance.

6. Prioritize your spending. After health care insurance, keeping you house should be your first priority. Review your finances and see where you can cut spending in order to make your mortgage payment. Look for optional expenses, such as cable TV, memberships, and other entertainment that you can eliminate. Delay payments on credit card payments and other "unsecured debt" until you have paid your mortgage.

7. Use your assets. Do you have assets such as a second car, jewelry, a whole life insurance policy that you can cash in to help re-instate your mortgage loan. Can anyone in your household get an extra job to bring in additional income? Even if these efforts don't significantly increase your available cash or your income, they demonstrate to your lender that you are willing to make sacrifices to keep your home.

8. Be careful when dealing with foreclosure prevention companies. You don't need to pay fees for foreclosure prevention to help use that money to pay the mortgage instead. Many for-profit companies will contact you promising to negotiate with your lender. While these may be legitimate businesses, they will charge you a hefty fee that may exceed two to three month's mortgage payment.

9. Don't lose your house to foreclosure recovery scams. Some firms claim they can stop your foreclosure immediately if you sign a document appointing them to act on your behalf. Be cautious as you may well be signing over the title to your home. Never sign a legal document without reading it closely or having it reviewed by an attorney.

For more information on how to stop foreclosure with prepaid legal services, contact Doug Batts at http://www.prepaidlegal.com/hub/batts_d today!