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David Smith Helps Distressed Homeowners Just Walk Away

                   
sanepr.com
May 19, 2008
        
Story Timeline:  200 days

Livonia, MI, USA May 19, 2008 -- We cannot place all the blame on the mortgage industry; that wouldn’t be fair. But, the adjustable rate mortgages combined with job losses in the auto industry has played a tremendous part in the foreclosure rates we are seeing in today’s economy. What sounded... [read full story]                    

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Latest article on this story:

Housing market leaves doors open for foreclosure scams

 rgj.com May 21, 2008
First article on this story:

ARMs and Job Loss in Livingston County Prevents Refinancing Homes

 sanepr.com May 19, 2008
Selected publications with coverage of this story:
rgj.com sanepr.com jiefa.net
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Found 7 documents:
                   

Housing market leaves doors open for foreclosure scams

rgj.com
May 21, 2008
        

The national mortgage crisis has put Nevada in the spotlight. RealtyTrac (an online marketplace for foreclosure properties), which released its year-end data from its 2007 U.S. Foreclosure Market Report, stated that Nevada posted the nation's highest state foreclosure rate for 2007, with 3.4...

Get out of foreclosure

jiefa.net
May 21, 2008
        

Financial problem is very common to all but there are some situations in which you are going to lose your home and if you fall in such situation, then you must find a solution to save your home. There are many emotional attachments with the home and it is the source of joy and happiness [...]

                   

Foreclosure Help in Wayne County-Walking Away from your Home

sanepr.com
May 19, 2008
        

Plymouth, MI, USA May 19, 2008 -- The American Dream of Home Ownership is turning into a nightmare for millions of Americans who are facing foreclosure. According to the Mortgage Bankers Association another 250,000 new families are facing foreclosure every three months and the numbers keep...

                   

Foreclosure Nightmare in Oakland County, Michigan

sanepr.com
May 19, 2008
        

Pontiac, MI, USA May 19, 2008 -- Foreclosure is a complex process and one that has a devastating impact on people, emotionally and financially. U-Move-On is a company that offers options for avoiding foreclosure, when possible and “walking awayâ€_ when the foreclosure cannot be avoided. It’s...

                   

The Foreclosure Crisis in Michigan_Survival Solutions, Legal Help, Credit Restoration

sanepr.com
May 19, 2008
        

Detroit, MI, USA May 19, 2008 -- A “walk-awayâ€_ is a term used by many in the real estate business to refer to an over-leveraged home; one that the homeowner owes much more than it is worth in today’s market. Many people in Michigan are in foreclosure due to unemployment or insufficient...

                   

A Foreclosure Survival Guide Helps Many Distressed Homeowners in Macomb County, Michigan

sanepr.com
May 19, 2008
        

Warren, MI, USA May 19, 2008 -- Millions of Americans are trapped in a house they can no longer afford; one which they cannot sell because market values have dropped to the point they cannot sell their home for enough to pay their mortgage balance. Many have tried to sell or refinance, without...

                   

ARMs and Job Loss in Livingston County Prevents Refinancing Homes

sanepr.com
May 19, 2008
        

Brighton, MI, USA May 19, 2008 -- During the last several years many homeowners refinanced their homes and took advantage of the favorable interest rates offered with adjustable rate mortgages. The plan was to refinance by the time the rate reset and the payment became unmanageable. They did not...