Author's articles

Your bank wants to help - Ask them about mortgage modifications
By Billy Alvaro · 13 years ago
The truth about foreclosures is That NO ONE wants one. You, the homeowner, obviously do not want to loose your home to a foreclosure. The bank actually does not want to foreclose. The bank does ...
How to avoid the mortgage scam
By Billy Alvaro · 13 years ago
When a homeowner receives a foreclosure notice a copy of this is posted at the county courthouse and made public knowledge. As a result of this numerous agencies will send you letters claiming to be ...
How to avoid foreclosure with out bankruptcy
By Billy Alvaro · 13 years ago
Typically the last action you want to take when attempting to remedy a financial crisis is to file for bankruptcy; while there are some positive aspects to a bankruptcy you most likely do not want ...
Home foreclosures, Is there a chance of relief?
By Billy Alvaro · 13 years ago
The National association of Bankruptcy attorneys recently issued a report that focused on mortgage modifications.  Their overall assessment of the situation was that aid is not reaching the struggling homeowner. They also stated that in ...
Get paid for nothing, Tricks for free - mortgage modification fraud
By Billy Alvaro · 13 years ago
How is it that so many people think they can get paid for nothing? Every day there are more scam artists in the news, that have tried to get wealthy off distressed home owners. These ...
Foreclosure: How to avoid it.
By Billy Alvaro · 13 years ago
If you're like most people, then you probably have the tendency to associate the purchase of a home with achieving the ultimate "American dream." Unfortunately, there are times when that "dream" has the potential to ...
Foreclosure moratorium lifted increasing number of foreclosures
By Billy Alvaro · 13 years ago
In January President Obama initiated a moratorium as a method of relief on foreclosures. This was done in an attempt to clear the path for Obama's anti-foreclosure program, which includes modifications and refinancing.  The plan ...
Ever tried calling a loan agency to help you with a modification?
By Billy Alvaro · 13 years ago
If you have ever tried to reach your loan agencies mitigation department you know how frustrating and time consuming the entire process can be. You sit on hold for what seems like an eternity and ...
Economists expect a second wave of foreclosures
By Billy Alvaro · 13 years ago
The first quarter of 2009 saw the highest level of foreclosures in recent history. With over 800,000 foreclosures for the three month period the nation as a whole is in terrible condition and economists anticipate ...
Does your mortgage company own your loan?
By Billy Alvaro · 13 years ago
As a homeowner who may be facing foreclosure you have options. It is in your best interest to know what these options are. Do not accept the fact that your home is going to go ...
Do the mortgage companies want to help?
By Billy Alvaro · 13 years ago
While you may have heard about a lending institution that may have been helpful in a particular situation, this is the exception and not the rule. Most mortgage companies are not interested in trying to ...
Do I qualify for a mortgage modification?
By Billy Alvaro · 13 years ago
The simply straightforward answer to this question is simple. In order to answer your question you will have to ask yourself one. Can you afford it? This is the one thing the bank really wants ...
Desperate times call for desperate measures - Avoid foreclosure
By Billy Alvaro · 13 years ago
Our country is in a sad state of affairs when a 94 year old woman kills herself as a result of a foreclosure. This is what happened in Akron Ohio back in March, when Addie ...
How to protect yourself from fraudulent mortgage negotiators
By Billy Alvaro · 13 years ago
In most states mortgage modifications have been largely unregulated till recently. As of late you hear about more and more scams that are focused on taking advantage of the concerned homeowner. For this reason you ...
Are you ready to rumble? Fight foreclosure
By Billy Alvaro · 13 years ago
Ok, come out of your corner get ready to fight, no low blows, nothing below the waist. Let the best man win! It seems now-a-days that that is what is required in order for you ...
5 tips to avoid being scammed when doing a mortgage modification
By Billy Alvaro · 14 years ago
The state of California issued a cease and desist order against 2ND Chance Negotiations INC.  This came as a result of a joint investigation by the California Department of Corporations (DOC) and the Department of ...