Foreclosure prevention help for Homeowners

July 12, 2007 (PRLEAP.COM) Business News
Detroit, Mi — M.R.S., a Detroit, Michigan based foreclosure consulting firm releases "The Loss Mitigation Guide". The step-by-step instructional guide on how to stop foreclosure. Homeowners across the country are being foreclosed on daily, many of them could have avoided the process if they had be educated on what to do to make their mortgage company want to provide other alternatives.

Kevin Harbor an M.R.S foreclosure expert says the biggest problem is that most homeowners don't do anything to stop the foreclosure process or are often times filled with unrealistic expectations of some white knight lender that will bail them out of their present situation. It flat out doesn't happen because by then your credit is to bruised and you are an even bigger risk.

There are only a few sure fire ways to save your home from foreclosure. Banks and mortgage companies are driven by profit and losses and understanding how they think will help you save your home.

In order for your mortgage company/bank to not foreclose on your home they must see why it is more financially feasible to work out some other kind of agreement that will minimize their loss or even help them still make a profit. The Loss Mitigation guide will show you how to make your lender rethink foreclosing on you.

The Loss mitigation Guide comes with forms and everything necessary to present to the lender.

The guide was originally designed for the Michigan market but the techniques work in all 50 states.

A copy of "The Loss Mitigation guide" can be purchased via the website at: http://www.SaveYourHomeYourself.com