/24-7PressRelease/ - SOUTHAMPTON, NY, December 31, 2007 - The course is written from a unique insider's perspective, full of proprietary insights.
The author, Bill Young, was a bank mortgage officer himself with the Dime Savings Bank of Brooklyn. He decided the grass was greener on the other side of the desk and became a real estate investor.
Unfortunately, after a meteoric ride to the top allowed him to retire in 5 years, the New York housing market crashed under the twin blows of the tax reform act of 1986 followed by the stock market debacle in 1987. Bill lost many properties to foreclosure. He knows all too well what it is like when you can't pay your mortgage.
His reaction to that experience and his comeback have driven his desire to help others avoid the trauma of foreclosure he and his family endured. One of the results is this free, Mini-Course.
The timing of the release of this dynamic, life changing resource coincides with the announcement of the latest foreclosure figures by the National Foreclosure Associates, an industry trade group.
They show that home foreclosures and mortgage delinquencies running at record rates with large increases in those numbers projected in the near future.
They believe that millions of home owners will be forced into foreclosure by the "Triple Whammy" of the sharp drop in housing values, explosion of adjustable rate mortgage payments and wave after wave of job losses.
"How to Stop Foreclosure" is a 5 part Mini-Course, part of the Metropolitan Business Council's upcoming Series, "How to Solve Your Money Problems."
Lessons are delivered right to the person's email inbox. They are designed to give the person facing foreclosure the education and access to the resources needed to stop foreclosure and to save their homes, if that is their wish.
As stated, there are many marginal homeowners who really cannot afford to be in a home and they just want to unload their burden without a foreclosure on their record. The course cautions there is a right way and a very wrong way to escape their burden.
"Sending the keys back to the bank," does not stop the foreclosure and can subject the homeowner to new and more serious problems, not only with their lender, but also with the IRS!
Topics included in the Mini-Course are:
• Can't pay your mortgage? Now What?
• The little known, hidden dangers of foreclosure that can haunt homeowners for years, even after the bank takes the property back.
• Links to the foreclosure laws of each state
• How homeowners can access government help in stopping foreclosure
• The most important thing to know when negotiating with your lender
• The reality of the role of bankruptcy in foreclosure
• Realistic foreclosure alternatives
• Why you must never "Send the keys back to the bank," even if you owe more than the house is worth.
This course contains life-changing information needed by everyone who even thinks they, or someone they love could be faced with the foreclosure of their home.
Metropolitan Business Council is a New York based personal wealth consulting firm. They advise consumers on all aspects of debt, credit and wealth building issues.
For a limited time, you can receive a free copy of the Mini-Course, "How to Stop Foreclosure," here: http://CantPayYourMortgage.Com
Contact Information:
Media Contact: Dawn Winter
Metropolitan Business Council
Southampton, NY 11968
Phone 631-615-7974
About Metropolitan Business Council
Metropolitan Business Council is a private, community oriented organization devoted to personal financial independence.
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