Their home is worth $200.000, they owe the bank about $200,000 . They would lose money on the sale, so they are considering walking away and foreclosure. They are spending almost $2000.00 a month in mortgage paymens, and they could only rent it for $1300 a month. Any ideas on how I could keep the house or help them without foreclosure?

I see all these things on TV but I want to LEARN all about the tax foreclosure industry before I do anything dumb. If you have had success with anything related to this, please let me know how you started learning about it.

My fiancee had a home in another state that ended up in foreclosure. Now his credit score has suffered. What is the best and fastest way to try to reestablish his credit? Before the foreclosure his credit score was great. He also owns the home we live in and is current on all his bills.

The HOPE hotline for foreclosure prevention gets 10,000 calls a day. Being bank sponsored can they really provide service that is in the best interest of the home owners / consumers ?

I know a person who has a property management company. She wants to start working for foreclosure listing agents and to provide services such as rekey, trash-out, winterization, etc. To all you agents out there who specialize in listing foreclosures, what would be her best strategy as far as marketing to you?
Thanks in advance!

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