Atlanta, GA – March 23, 2012 – (RealEstateRama) — GoFightForeclosure.com announced today underhanded foreclosure tactics used to get homeowners to vacate. Exposing that when it comes to foreclosure mortgage lenders will use deceptive business practices so that homeowners will simply just up and leave.
According to Kyle Ransom creator of the Go Fight Foreclosure System, the landmark $25 Billion Dollars Foreclosure Settlement still does not protect homeowners from sneaky lender practices. Ransom reveals that most banks don’t play fair in the foreclosure process and use shark attorneys to scare homeowners to death.
“The biggest disadvantage that a homeowner has in a foreclosure situation is lack of knowledge. It is important that homeowners learn how to fight foreclosure by challenging the mortgage lender’s authority to foreclose on them. Which many times can result in the mortgage lender working with the homeowner and not foreclosing,” stated Kyle Ransom.
Here are some of the underhanded foreclosure tactics Ransom reveals that mortgage lenders use that work to make the homeowner leave without challenging foreclosure.
1. Empty House Change Locks
The mortgage lender sends the homeowner a letter in the mail or contacts them by phone. Stressing that they have learned the house is empty and they are planning to change the locks to secure the property. At the time the house is still being occupied by the homeowner.
2. Cancel Homeowner’s Insurance
This occurs when the mortgage lender sends the homeowner a letter in the mail or contacts them by phone. They explain the homeowner’s insurance policy is being canceled because the house is empty. At the time the house is still being occupied by the homeowner.
3. Deed In Lieu Foreclosure
Often the mortgage lender will offer a Deed In Lieu Foreclosure especially when missing documents can not be found to have authority to foreclose on the property. This allows the bank to take back the house without having to foreclose on the property.
The Go Fight Foreclosure System is a leading self help guide that trains homeowners on how to fight foreclosure and win. Offering a solution for homeowners to learn how-to challenge foreclosure with step-by-step instructions.
About Kyle Ransom
Kyle Ransom a former licensed mortgage broker with over sixteen years experience in the mortgage business. Also the founder of the Go Fight Foreclosure System respected nationwide for helping homeowners to fight foreclosure and win
For more information please visit http://gofightforeclosure.com .