Watch the video or read the transcript below

I bet you had no idea how many friends you had. I mean, recently your mailbox has been overflowing with letters and postcards from people telling you how they want to help you. Who are these people anyway? And how exactly are they going to help you? Makes you wonder right? To be sure, there are a number of different options for stopping home foreclosures in Utah, options that you should be aware of, you do need to do your research.

And just who are We?

On this website, you are going to find good information about the common options to be aware of if you are facing foreclosure, unfortunately in many cases some of these options don’t really help in keeping the bank from taking your house. So unless you are able come up with the money to reinstate your loan, the best strategy, is going to be to sell your house. Now since you are here, let me tell you about what Stop Utah Foreclosure is and is not. We are not associated with the government, or any bank, and we are not approved by them; we are not foreclosure consultants, neither are we realtors, we don’t want to list your house we want to buy it. In other words no commissions and no fees of any kind, we will never ask you for money or ask that you sign any papers that you don’t understand.

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Now I’m really sorry that you are here and that we have to have this conversation at all. This bad economy and housing bubble which could have been prevented if not for greedy Wall Street banks; I think is going to be with us for a while. At this point you have to figure out what the best course of action is for your family and your future. Unfortunately, stopping a foreclosure in Utah doesn’t necessarily guarantee that in the end you are going to be able to keep the house. The banks continue to stall efforts to help people, people who find themselves in the worst possible situation imaginable. You need to realize that your lender is intending to take your home as quickly as possible, and may even come after you for any balance afterwards.

Banks are not helping

Some people bury their heads in the sand hoping that the problem will go away, or that there will be some last minute miracle that will bail them out. Other folks have experienced the frustration and heartache of trying to work out a loan modification with their lenders, only to find that their lender has absolutely no interest in working with them. Lenders repeatedly claim to lose your paperwork continually demanding more documents and updates, many times requesting the same stuff over and over again. Lets face it, they have no interest in actually helping you. They will just keep stalling, pretending that they are going to help when they are simply not, and they will continue to do this until you simply give up.

To make things worse homeowners believe that while the loan modification is being considered, the lender will not begin or continue with the foreclosure proceedings, which is also not true. You have some people believe that since banks are large and well known institutions, that they must be reputable and that they would never mislead them. But remember the banks are going to do only what is in their best interest, and they will hold you down to the last detail of your agreement with them. 
Another thing you need to realize is that they don’t actually even own your mortgage note, they only service it for the investors that really own the note. And here’s the clincher, in many cases the bank has purchased insurance on your mortgage without you knowing it. I’m sure you’ve heard of credit default swaps, and derivatives, they are like insurance or actually more like bets, they are betting that you will default on your mortgage, and when you do, they’ll collect after they foreclose on you. And guess what else? In many cases this insurance will pay them more than the value of your mortgage. So now you know why the majority of loan modifications fail, the banks are in a situation where they win whether you pay them or whether you don’t. Don’t be fooled, they are always going to do what is best for them and them only.

Stopping home foreclosures in Utah, the short sale option

This is why one of the better options to stop and avoid the foreclosure once you’ve tried everything else is to sell the house before the bank comes and takes it from you, this way, even if you end up selling the house through a short sale, the damage to your credit is going to be substantially less.

A short sale consists of direct negotiations with your bank to have them accept less than what you owe; this makes it possible for you to more easily sell the house and allow you to move on, without the nightmare and problem of a permanent credit mark against your record. Remember you will always have to divulge that you’ve been foreclosed on when you apply for any type of loan. Don’t let the bank win, you can salvage your credit before its completely ruined by them foreclosing on you.

Stop Utah Foreclosure and its partners have years of experience buying properties after completing many successful short sale negotiations. We are able to buy your house even when others can’t, because we use private money to buy houses, we do not use banks, this way we are able to buy your house quickly so you can move on and start to rebuild your credit right away. Also, please know that we are local people, we live here in Utah; you won’t be dealing with faceless strangers or some national company. My partners and I will personally be involved in speaking with you, and letting you know if, we can successfully buy your house.

Only you can decide what the best solution is for yourself and your family. If you want to know more, about how we can stop your foreclosure by buying your house quickly, then give us a call, there will be 
no hard sale tactics from us and remember we charge absolutely no fees or commissions when talking to you. Call us and let us help you move on with your life.

Call 801- 718-6156, or fill out the form on the right. We can usually get back to you within 24 hours.

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Filed under: Utah Foreclosure Fraud • Utah Foreclosures • Utah Short Sales

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