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Len Montgomery

Avoiding Foreclosure

I was saddened by a newspaper article today that spoke of the number of foreclosures in Guilford County. It appears that our community has not been spared by from the onslaught of foreclosure, although we are not struggling at the level of other areas of our country. Still, it hurts more when these circumstances hit our community.

Yet, there is still hope for some to pull through these troubled times, they merely need the assistance and/or guidance through the maze before them. Most of us have not had to go through these situations and few who have done so as I would deem successfully. The problem is our community is not really prepared for the counseling side as the current wait for an appointment is reported to be 3 weeks. So in an effort to help even just one person get a step up on their situation, I have created a website with practical help from many resources including my time as a Loss Mitigation Specialist with a national mortgage lender. The website is: http://www.AvoidingForeclosureBasics.com

On this site homeowners will have an opportunity to gain a insight to how they can overcome some financial difficulties, learn more about the mortgage company and it's various departments and how they operate, as well as find resources such as various agencies that are more than willing to guide and advise those in need and possibly offer financial assistance in some cases. You will also find a list of contact info for the Loss Mitigation departments of many major mortgage companies where often the homeowner can assistance in bringing their mortgage current simply by speaking to someone in Loss Mitigation, the department designed to prevent losses due to foreclosure FOR the mortgage company.

I would appreciate reading any success stories which are accomplished in connection with this site to share with and to encourage others.

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