Save Renee’s House: Stop the Bank of America Foreclosure!
On March 24, 2010, social justice activists from the “Network to Stop Foreclosures and Evictions,” held a press conference in Towson, MD. They are trying to stop the Bank of America (BOA) from foreclosing on the home of Renee DeFreitas. According to their press release, Ms. DeFreitas is 51-years old, with five children. She works for the state of Maryland and lives in Baltimore City. Ms. DeFreitas, “as a result of the economic crisis,” was forced to apply to the BOA for “a home modification on her loan.” Unfortunately, the BOA has ignored that important process and turned the matter over to a local law firm for foreclosure action. Check out for background on the growing foreclosure crisis, http://www.nytimes.com/2010/03/22/us/22foreclose.html and http://www.bailoutpeople.org/ and http://www.npr.org/templates/story/story.php?storyId=123973499
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An extraordinary window of opportunity — that could very well improve your financial future — is now open for business. History tells us it will not stay open forever! What am I referring to? The largest real estate liquidation in history. Home prices have dropped through the floor…interest rates are historically low…and there are record high inventories! Many Homes Now Selling At Up To 60% Off their Peak Prices Call 702-677-8796
Banks are selling foreclosed properties for pennies on the dollar…home prices have dropped through the floor…interest rates are historically low…and there are record high inventories! First time home buyers receive up to $8,000 tax credit! As inventories of foreclosed properties priced at $200,000 or less are absorbed in record numbers by first time home buyers and smart real estate investors, our market will once again turn into a “Sellers Market”! I encourage you to act quickly. Contact: Linda Strasberg, Century 21 Advantage Gold 702-677-8796 CONV,CASH Cash is king! http://bit.ly/Rk6as
When you owe more on your home than it’s worth you may want to do a short sale. In a short sale the bank forgives some of what you owe them. It’s more cost-effective for a bank to do a