Foreclosure Survival Guide, The
Keep Your House or Walk Away With Money in Your Pocket
AUDIENCE FOR BOOK: Homeowners who are in jeopardy of losing their houses through foreclosure because they can?t pay their mortgages. REASONS TO BUY THIS NEW EDITION: ? There are currently over 900,000 homes in some stage of foreclosure. (Data from RealtyTrac, as of November 2016.) ? The Foreclosure Survival Guide helps readers answer the crucial question when facing foreclosure: Should I try to keep my home or does it make more sense to move on? ? HAMP and other widely-used home loan modification programs end on December 31, 2016. This book helps struggling homeowners understand their rights as funding wanes. ? Foreclosure still plagues states such as Delaware, New Jersey, and Illinois. This edition includes a new section about the Hardest Hit Fund, a program that will remain available to homeowners in high foreclosure areas until 2020. ? Homeowners will learn about new and expanded foreclosure protections afforded to borrowers and surviving family members by the Consumer Financial Protection Bureau. ? This book covers important state foreclosure law changes, including those made to Alabama, California, Illinois, and Wisconsin law. ? The new administration has pledged to dismantle the Dodd-Frank Act, a federal law that provides a 120-day foreclosure waiting period so that a homeowner has time to apply for a foreclosure alternative. Stay updated on the status of the law with this new edition.