Real Estate In An Upside Down World With property values continually falling, foreclosures continuing to climb in numbers and the government and lenders announcing new foreclosure initiatives weekly, homeowners are facing a daunting challenge in deciding what to do.  Can they save their house?  How do they sell their home if they owe more than the house is worth?     National lenders are difficult to deal with.  They are overwhelmed by dealing with the volume of problems and the ever changing mortgage related initiatives.   New mortgage plans are continually brought forward only to be ignored and forgotten in the near future.  A lender will announce that they are now going to work with borrowers  yet they still will not answer the borrowers phone call.   Buyers of foreclosed houses also face unfamiliar problems and risks.  These transactions tend to be completely "as-is", that is, with respect to the physical condition of the property and the state of title to the property.  While the buyer gets no warranties except for those mandated by law, they are buying a house that has not been taken care of, may have been vandalized and probably sat vacant for a period of time.  Some problems are obvious and/or visible others are unexpected and/or hidden.  A foreclosure is a process where the title to the property was taken by force, it was not voluntarily transferred.  If it was done incorrectly, it may not be valid or may not have wiped out subsequent encumbrances on the property.  If these problems arise, the buyer will not be able to look to the bank to correct the problem once they close.           Not only is the purchase totally "as-is", but the purchase agreement used in almost all cases is not a standard real estate purchase agreement form.  the purchase agreement is inevitably drafted by the bank totally for their benefit to the point that the bank is never obligated to go through with the sale for any reason. The Owning Property in an Upside Down Market forum is designed to educate the public as to what they are facing in the real estate market and, the options they may have to best protect their interests - a Life Home Security Plan.  Our speakers are all well known, experienced real estate attorneys.  We will have booths set-up for real estate agents, title companies, lenders and non-profit groups where consumers and real estate professionals alike can obtain information and help.  If you are a professional working with people who are facing a possible foreclosure, are thinking about selling a home that is upside down or possibly purchasing a foreclosed home you may want to get a booth to offer your services.  If you are planning on bringing guests - maybe current clients or possible clients - we will allow you to reserve seats in an area identified with signage denoting your business.  A great way to impress your guests!

Seminar Dates, Times, Descriptions, Speakers & Location     Date Time Description Speakers Location , 2009 7:00 pm to 9:00 pm Loan Modifications: What is a Loan Modification and How Do I Get One? Stephen J Nash TBD , 2009 7:00 pm to 9:00 pm Short Sales:  What is a Short Sale and Will it Help Me? Stephen J. Nash William J. Keyes TBD , 2009 7:00 pm to 9:00 pm Reverse Mortgages: What Are They, When Are They a Good Option?    Stephen J. Nash TBD , 2009 7:00 pm to 9:00 pm Bankruptcy Steven J. Lodge TBD , 2009 7:00 pm to 9:00 pm Is Buying a Foreclosure Right For You? Bill Keyes Jeffrey Zweifel TBD , 2009 7:00 pm to 9:00 pm Buying Foreclosures as An Investor Stephen J. Nash Jeffrey Zweifel TBD , 2009 7:00 pm to 9:00 pm Protecting Yourself When Buying a Foreclosure Bill Keyes Jeffrey Zweifel TBD