| ||||||||||||||
|
 |
|
||||||||||||
|
The Foreclosure Prevention- Loss Mitigation Opportunity
Pre Foreclosure Program Overview
Foreclosure LMS, Inc. is offering the premier Foreclosure Prevention – Loss Mitigation Opportunity training course. In conjunction with Homeowners Assistance Association (HAA) www.homeownersaa.org we are offering you the opportunity to own your own Foreclosure Prevention Business and become affiliated for Homeowners Assistance Association, an organization dedicated to helping troubled homeowners save their homes from foreclosure. Whether you work from your existing office or open a home based business, you will learn how to save a person’s greatest investment, his home, from foreclosure. You will own your own Foreclosure Prevention Business with substantial income potential. You can easily earn $800 to $4,800 per week part-time with our proven system. Every month there are more than a million homeowners who are in a pre foreclosure stage (90 days or more behind on their mortgage payments). Families are losing homes at record rates, and experts are predicting the trend is increasing. The homeowners we help are usually in a pre foreclosure phase at least two or three months behind on their mortgage payments because of a temporary problem that they had. They may have been out of work, had a medical problem, possibly a divorce or some other unforeseen expense that caused them to get behind. For the most part, these are good people who want to stay in their home and want to pay their mortgage and many have attempted to pay their last two or three mortgage payments, but their lender demands to get paid all of the delinquent payments, plus late fees, legal fees and filing fees and will not accept partial payments. At that point, the lender files a lawsuit to collect the delinquency and usually the homeowner does not know what to do and how to deal with it. Lenders fail to realize the homeowner really wants to work out the problem. Their lenders stance, “we are in the lending business not in the Debt Collection or Loss Mitigation Business.” That’s when HAA gets involved; HAA expertise knows how to work with lenders to ultimately prevent the foreclosure from going all of the way. Keys to Success One of the keys to why HAA is successful and why our Agents make great income is the overabundance of foreclosure filings that occur every week. The other key is the efficiency of the organization to deal with homeowners and lenders in a timely fashion. Every new Agent receives their own HAA website with their training course. The back office of your website contains all the tools you need to become a competent Foreclosure Prevention/Loss Mitigation Specialist to be able to find and refer clients to HAA. All cases submitted by agents are handled in-house by the most seasoned, successful Loss Mitigation Specialists in the Country. The success track record of the Mitigation Staff is such that a 100% rebate is offered to every client if the case is accepted and a resolution is not achieved. Your basic responsibility as an Agent is to refer the delinquent homeowners to the HAA. Fees – Income for Agents Fees are generated for the excellent service performed by Homeowners Assistance Association. To qualify for the Foreclosure Prevention service a potential client has to:
When a client qualifies and HAA accepts them as a client, HAA commits to helping the client prevent the foreclosure and save any equity that he may have in his home. By preventing foreclosure, the personal credit rating of the client will be saved from having foreclosure on his record. A foreclosure will stay on his credit record for fifteen years. In other words, this is helping save their financial lives and life, as they know it, by keeping them in their home. Not to mention the embarrassment of their foreclosure information pasted in the local newspaper for friends, family and co-workers to see. The homeowners are very motivated to have HAA members work for them and it’s a financial win for the client- they pay a fee to save their home so they don’t have to sell it, lose their equity capital, or lose it altogether and be evicted. This also creates a financial win for you! The fee they pay ranges from $1000 to 1000’s of dollars depending on their situation. The average fee is around $1500. You, as an HAA agent, earn 40% of the fee just for referring a client. We do all of the work. If you want to earn a higher percentage you have to be trained and approved by the company. The lender also realizes a financial win. A foreclosure proceeding costs the lender thousands of dollars ($23,000 on average). They are in the lending business not the real estate business, they really DO NOT want the property, or the costs associated with taking it. By working with our professional Loss Mitigation Specialists they get the loan (interest payment) back on track. You, the helped create the WIN-WIN-WIN situation, and collect huge fees for referring clients! Other Income for Agents If the prospects they do not meet the criteria to mitigate their case, HAA cannot take them as a client. Usually, one out of three of the prospects HAA Agents encounter qualify as a client. The other two that do not qualify become a huge potential income for our Agents because HAA tried to help them but they did not qualify. These homeowners have to face reality if things do not change for them they are going to have to sell their house, get a high interest loan or lose it altogether. You, as an Agent, have already tried to save their home so you are in prime position to help them by referring to either an investor or a private loan specialist where you as an agent would receive a substantial fee if they work with your client. Most HAA Agents receive finder’s fees from Investors who buy Pre Foreclosure homes. Or many of our Agents get into our business for the following strategy: They try to buy and sell at least four foreclosed properties per year earning them between $5000 and $40,000 per transaction! It’s up to the Agent how much you want to get involved and how much money you want to earn. Sometimes the only way to save this person is to get them out of the burden and keep foreclosure off of their record. Agent Program When you become a HAA Agent, you will receive the following:
Agent Qualification HAA will only accept Agents who are committed to working within the system and following directions. Call (888) 975-0200 and we will talk with you and address any questions you have. Benefits Our System consists of information designed to assure your success. You will be positioned in a business with:
|
||||||||||||||
 |
|
 |
