Foreclosure: The American Nightmare - Strategies for Preventing, Surviving and Overcoming Foreclosure - Softcover

Jr Walter Alvarez, Sylvia A.; Walker

9780981700700: Foreclosure: The American Nightmare - Strategies for Preventing, Surviving and Overcoming Foreclosure

Softcover

ISBN 10: 0981700705 ISBN 13: 9780981700700

Publisher: S & B Publishing, 2008

Home ownership has long been called the "American Dream," but today millions of Americans are finding themselves in financial distress and in danger of losing the most valuable asset they will ever own - and millions more have already endured the hardship and humiliation which accompany foreclosure. The sad thing is, most of those tragedies were avoidable! Homeowners, armed with the proper information and guidance, can stave off, survive and even overcome something which is rapidly becoming epidemic. The key is education, but until now there was no definitive source for such information. The new book The American Nightmare fills that void - and not a moment too soon! Co-Authors Sylvia Alvarez and Walter Walker, Jr. analyze the reasons people find themselves facing foreclosure, take the reader through a step-by-step analysis of their situation, and present options for overcoming each obstacle. They present both encouragement and practical solutions, including everything from how to fill out appropriate forms to where to go for professional aid and counseling. Their expertise comes from years of experience, running the gamut from time spent in the mortgage and real estate arenas to their current posts as officers of the Housing & Education Alliance (HEA), a HUD certified housing counseling agency. . This book will obviously be invaluable to those who are currently in danger of losing their homes, but surprisingly it doesn't end there. The authors also offer post-foreclosure strategies for rebuilding credit and even being able to buy a home again! Moreover, anyone who is so much as contemplating home ownership needs to read and heed The American Nightmare in order to insulate themselves from potential problems down the road. If such a book had been available a year ago, there is no telling how many families would have been spared to specter of foreclosure. It's time to move forward and make sure the next generation of homeowners is spared a similar fate!

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