This is Doug Iles with Beneficial Brokers, LLC and I thank you for reading the following
information regarding foreclosures.  I am going to reveal to you the misconceptions, mis-
representations, and downright lies that ARE responsible for the foreclosure epidemic that
you may now be a victim of.

The stress and sheer terror that you may now be feeling is NOT your fault.  Most likely the
position you are in is due to an UNFORTUNATE event that you had no control over.  You
may have trusted some thought-to-be "expert" mortgage broker who was supposed to act in
your best interest.  Instead, that broker set you up with a loan that looked and sounded good
at the time but was designed to make him or her an immediate wheelbarrow full of money and
leave you high and dry.  Now, as a result of this greed, you are up to your neck in payments
you couldn't possibly afford and that broker is probably long gone.

What is going on RIGHT NOW in our country with so many homes going into foreclosure is
due to outrageous loans made to almost anyone who could cause a mirror to fog up.  In differ-
ent parts of the country, many lenders even committed fraud by placing a higher value on homes
than they were worth.  Their attempt was to inflate the amount of the loan needed by the home-
owner and boost their own profits.

The fears over the U.S. SUB PRIME mortgage market have triggered a GLOBAL CREDIT
CRUNCH playing havoc with Wall Street stock portfolios and dragging down global markets.
In case you are not familiar with the term, sub prime loans are offered at high interest rates and
usually on adjustable terms.  These loans are offered to Americans who have a poor credit rating
and might otherwise be denied loans.  But, as interest rates have risen, so have those adjustable
payments leaving MANY homeowners stretched beyond their means.  You or someone you know
may be facing this right now.

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HERE ARE 7 WAYS TO STOP A FORECLOSURE: 

If you have NOT missed a payment, but know you are going to, the first step you MUST take
is to contact your lender and let them know your situation.  If you have lost your job or have some
other type of hardship going on, then let them know.  They can give you time to help get your life back
together, but you must call them as soon as you know you are going to miss a payment.  The longer
you wait, or if you wait until you actually miss your payment, makes it more difficult to ultimately get
the problem solved.

Ask for forbearance.  This allows you to delay payments for a short period of time, wth the
understanding that another option will be used afterwards to bring the account current; for example,
if you know you will have the funds to bring your account current by a specific date because of a
guaranteed sum of money you are receiving.

Ask for a repayment plan.  This is where the lender agrees to add a certain amount of the first
missed payment to each of the next subsequent two payments.  These plans provide some breathing
room for you, if you ONLY have short-term financial problems such as a sudden expensive repair or
a medical expense that makes it too difficult to pay your mortgage for one month.

If you already have missed two or three payments, and owe a couple of thousand dollars in lender
legal fees, then the lender of your mortgage still may try to arrange a repayment schedule.  But you
will likely have to pay a third to a half of the delinquent amount upfront and then pay off a portion
of the remaining balance each month for a year or more.  Also, never ignore the lender's letters or
phone calls.  Ignoring the problem will not make it go away.  If you are going into a foreclosure pro-
cess, then the occurrence of other costs and fees will result.  Ignoring these costs and fees ONLY
makes them worse.

You also may be eligible for a loan modification plan designed for people that can not afford
repayment plans.  In a modification, the lender actually adjusts the terms of the loan to make it
affordable.  It may lengthen your amortization schedule or lower the interest rate to cut the monthly
payments.  Also, it may roll the past due amount into the loan and re-amortize the new balance so
that you can pay back the additional debt over time.

Some companies may be willing to offer you a short refinance.  With these, the lender
agrees to forgive some of your debt and refinance the rest into a new loan.  This way, the lender
still receives more money than they would by foreclosing on you.

A deed in lieu of foreclosure (DIL) is an option in which you voluntarily deed your property
back to the lender in exchange for a release from all obligations under the mortgage.  Unfortunately,
there is NO way to do this without hurting your credit unless you get the mortgage company to report
your mortgage account as paid in full.  You may face income tax issues resulting from the lender for-
giving part of the debt (which the IRS likely will treat as income to you).  Even though you do not
receive any cash in the transaction, you might be able to get yourself out of the hole and start over
again sooner rather than later.

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If none of these 6 methods works and you can afford your normal monthly mortgage payment, but
can not afford to make up the delinquent amount and legal fees because your lender offered a really
harsh repayment plan, then you may want to consider filing Chapter 13 Bankruptcy (option7). 
Doing so temporarily halts the foreclosure process and can force the mortgage lender to accept a
more friendly repayment plan.  This is a LAST resort and still will negatively affect your credit.

If none of these works, then one other option is available.  As you may know, a foreclosure is
DEVASTATING to your credit rating and can affect it for 7 to 10 years.  What is more, buying
or even renting another home in that time period may be impossible for you.  But, one more option
is available where I may be able to help you personally.

Even if you can no longer afford your home, you still can protect your equity and keep a GOOD
credit rating.  Here is how:

Up until a few days BEFORE the bank forecloses on your property, you have the opportunity to
stop that process by having someone purchase the property.

I may be willing to do this for you.  I arrange creative, legal, and ethical ways to buy property or
assume mortgages from people who need help.  Also, I may be able to let you stay in the house
depending on your situation.  The bottom line is this:  if your situation allows it, then I can stop
your foreclosure.  Often, I can put money BACK in your pocket so that you can start over in a
more affordable home.

If you do not have the money to pay off the lender, see no real chance of making up the payments
and costs, and would be open to discussing opportunities that could relieve you of this burden,
then PLEASE contact me at diles1@neo.rr.com and leave your name and telephone number.  I
will call you within 24 hours.   

My TOLL-FREE number is 1-877-972-3847 or 1-877-97ADVISE.  

Also, you may complete the survey and provide pertinent details that will help me to better assist
you with your housing issue.  I want to share with you what I will need to know to determine if I
can help you or not.  I will need to know the following:

1. How much still is owed on your mortgage and how many payments are overdue?

2. Does the payment include the property taxes and if not, are any tax payments
   overdue?

3. Has a notice for a sheriff's sale been sent?

4. Has the bank sent you a list of additional expenses owed to them for the foreclosure
   process?

That is about it.  With just a little information, and by spending just a few minutes talking, I will be
able to find out if I can help you.  Your worries could be over.

Let me just say this:  I understand that this is NOT a pleasant thing to go through, and I truly hope
that this message has provided you with information that can help you change your situation.

Just know that your situation is NOT hopeless.  Your attitude and ability to keep it together during
this time is crucial for achieving the best possible results.  Just remember; it is important to act fast.
Time is of the essence in these situations.  I am willing to talk with you right away, and I can prepare
in advance to purchase your home if it comes to that.  So, even if you ARE planning on using the
methods I have shared with you, I encourage you to contact me so that we can create a backup plan
just in case.

If you resolve the problem and save your home, then I will be positively delighted for you and we
will part as friends.  If you can NOT resolve the situation, then I will be your safety net because the
last thing you want is to have a foreclosure happen.  Again, my TOLL-FREE number is
1-877-972-3847 or 1-877-97ADVISE. 

This is Doug Iles, THE BENEFICIAL BROKER, thanking you for taking YOUR time to read this
information on foreclosures.  I wish you THE BEST in your efforts.


Doug Iles
The Beneficial Broker
c/o Beneficial Brokers, LLC
http://www.creativehomesellerstrategies.com
http://www.creativehomesellerstrategies.com/HomeSellerindex.html
http://www.creativehomesellerstrategies.com/Commercialindex.html
http://www.creativehomesellerstrategies.com/HighestBidderSale.html#T
http://www.creativehomesellerstrategies.com/ResidentialIndex.html
26 Gibson Avenue
Mansfield, OH  44907-1316
Business email:  askyourquestion@creativehomesellerstrategies.com
Home email:  diles1@neo.rr.com
Other email:  douglas.iles@huntington.com
TOLL-FREE business phone:  1-877-972-3847 or 1-877-97ADVISE 
Choose Option 1 to leave a message for Doug Iles
Choose Option 2 to request a 24 x 7 fax-on-demand company brochure
Choose Option 3 to request a 24 x 7 fax-on-demand owner financing brochure
Choose Option 4 to request a 24 x 7 fax-on-demand partial purchase brochure
Choose Option 5 to request a 24 x 7 fax-on-demand simultaneous close brochure
Choose Option 100 to listen to a foreclosure hotline recording
Choose Option 200 to learn about the Instant Equity Exchange program
TOLL-FREE business fax:  1-877-972-3847 
Home phone @ 419-775-5349
Cell phone @ 419-545-4446

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