John's Tips

Foreclosure Tip: Best Foreclosure Fighters

admin — Tue, 03 Feb 2009 01:45:47 +0000

Found a company that helps negotiate with your bank. Their site says that they negotiate with your bank and help you find the best program to get your mortgage current.

Here’s the link: Best Foreclosure Fighters

Let me know your experience with them in the comments.

Foreclosure Tips: Avoid the scams

admin — Tue, 03 Feb 2009 01:21:56 +0000

Found a great article on the types of scams that are targeting people facing foreclosure.

The most serious involve signing over your title either by being tricked into thinking you are signing something else or falling for a deal where you sell your house and rent it back from them.

The other scam is where they charge high prices for worthless help. Either doing nothing or doing simple things that you could easily do by yourself.

Bottom line, know what you are signing. Get references.

Read the rest of the article here.

Foreclosure Survival Guide from Amazon

admin — Fri, 30 Jan 2009 04:31:54 +0000

Amazon has a good price on a book by Stephan Elias.

The reviews are pretty positive.

Wells Fargo extends Foreclosure help to Wachovia Customers

admin — Fri, 30 Jan 2009 04:04:40 +0000

Forbes reports that Wells Fargo is extending their mortgage modification programs to customers of Wachovia.

If you have your mortgage through Wachovia, you should have an extention to the end of February on any foreclosure activities.

Read the full story here.

How US Bank restructures instead of Foreclosure

admin — Mon, 26 Jan 2009 20:06:41 +0000

US Bank reports that the increase in their restructuring activity has been in 2 areas:

Rate Resets. These allow people to keep their same rate if they were up for a rate change.
An FDIC program based on verified income that allows you to extend the term to 40 years and reduce the interest rate down to 3%.

If you are with US Bank, ask about these. If not, still ask and tell them that US Bank is doing this.

Source: Seeking Alpha

Foreclosure Research - What works?

admin — Mon, 26 Jan 2009 00:08:53 +0000

Foreclosures are the concern of apparently 1 in 10 homeowners that have a mortgage. It’s at the heart of our financial crisis and in the news seemingly every day.

I’m looking for foreclosure solutions. I’m looking for game plans. I’m looking for both how to survive a foreclosure and how to avoid one of possible. In the next few weeks, I’ll share what I’ve found.

Please feel free to comment if you have experienced a foreclosure or had any success in avoiding one.

John

Must have tool: Google Docs

admin — Fri, 02 Jan 2009 01:12:00 +0000

If you haven’t checked out Google Docs yet, please take a quick look. I’ll wait.

If you have a gmail account, you can get to Google Docs at any time you are in gmail.

What is Google Docs?

Docs - can save as or load MS Word documents
Spreadsheets - can save as or load MS Excel documents
Presentations - can save as or load MS Powerpoint documents
Forms - allows you to capture information and save it to a spreadsheet document

One key feature is collaboration. You can allow other editors modify your documents. Everyone can be working on the same document at the same time.

Aside from costing nothing to use, you can access your documents from any internet connected PC or Mac. You can even work with them offline and sync up later.

John’s Tips will be using them extensively for demonstrating any type of Excel tip or any tracking tools or budgets or you name it.

This is one of the real gems out there. Get familiar with what you can do and you’ll find yourself using it more and more.