LostMyDebt.net LLC Introduces ‘Project Property Relief’ and Assists Minimize Homeowner’s Mortgage Notes without Loan Modifications

Elk Grove, CA (PRWEB) July 1, 2009

Project House Relief serves as an imperative require for home owners who are considered upside down or owing more than what their property is worth. State and Federal governments are unable to meet their economic obligations for that reason home owners do not get direct governmental “bailouts” and therefore principle reduction often is their ideal hope to afford their home at the present market place worth. Other possibilities such as a brief sale, loan modification, and bankruptcy are typically either unaffordable, unavailable, and have a extreme adverse influence on your credit score.

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LostMyDebt.net LLC introduces “Project Home Relief” with a mission to revitalize the economy by educating consumers about the travesty of the housing business, undesirable credit, credit card debt, well being care, and the a number of services that are affecting our economy negatively.

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Project Home Relief will educate shoppers on how to decrease their principal balance of their present mortgage note to the fair market place value without the uncertainties of a loan modification. Here is a short overview on how the plan functions.

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1) House Relief will negotiate with your lenders to acquire the mortgage note on your house or property beneath the existing industry value even though the residence by no means ever leaves the homeowner’s name.

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2) Soon after all parties have agreed upon the discounted obtain value, Home Reliefs affiliate residence servicing firm will service the mortgage note on your home or house. The acquire price tag will generally be at or beneath existing marketplace worth.

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3) The new mortgage note will be a 30 year fixed loan not based on your FICO or Credit score but on your income and employment. Types of properties: residential and coming soon commercial and raw land.

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“In my opinion, loan modifications are totally fantastic for some house owners, but reducing the mortgage principal balance to the fair market place worth with a 30 years fixed mortgage would make thousands of properties cost-effective once more and substantially reduce the number of residences in notice of default says John A. Barnes, the CEO and Co-Founder of LostMyDebt.net, LLC.” http://www.LostMyDebt.net

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LostMyDebt.net LLC complete vision is to restore, construct, establish, and defend shoppers by giving them options and providing services including Debt Settlement, Credit Restoration, Attorney Facilitated Property Loan Modifications, Standard and FHA Mortgage Financing, LifeLock, Living Wills &amp Trusts, Auto Loans, Discounted Dental and Wellness Positive aspects, Little Business Options, and considerably far more.

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With the complexities involved in the worldwide economy nowadays, it really is about time that an organization or company steps up and genuinely assists the property owners with what they genuinely want, their loan balance equal to the fair industry value. Every single homeowner will be given customized consideration no matter whether the loan payments are existing, late, or just not too long ago lost due to Trustee Sale.

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Contact nowadays for your cost-free Financial Demands Evaluation at 1-888-503-2911 ext. 717 or pay a visit to http://www.thepropertyrelief.com.

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