Kurt O’Keefe, Esq.
OFFICES IN WAYNE, OAKLAND AND MACOMB COUNTIES
Click here if you want to order a FREE copy of my book, The Consumer’s Guide to Defending Foreclosure.
You work hard for your family. You got the house you wanted, that the realtor and mortgage broker and everyone said you could afford.
Maybe your financial advisor even suggested getting a bigger house.
After all, the value only goes up, you cannot lose! Don’t miss the boat!
Everyone else is cashing in!
And the radio and TV ads, letters, emails, phone solicitations: get that equity out of your house, use it now! Why let it sit there, idle in your house, when you could be enjoying it.
“Interest rates have never been lower!”
“No money down! We will give you a second mortgage at closing for that!”
“We tailor a mortgage with the payment that YOU can afford, interest only, whatever.”
“We can lend you more than your house is worth! Up to 125% of its value.”
If they even mentioned that you were signing an adjustable rate mortgage, you were assured you could re-finance in one or two years, into a low fixed rate, or another adjustable. Just make sure to send in all the payments on time.
Hey, real estate only goes up, interest rates only go down or stay the same.
Your friends were doing it, and it worked for them. They were buying homes, refinancing two years later, and getting MORE money.
Maybe your story is like this homeowner, misled about his mortgage.
And the bill of goods they were selling worked, for a while.
The the impossible happened, home prices went down, then the house of cards the Wall Street bankers had created collapsed, no re-financing now.
On top of that, your pay was cut, or you had to take a lower paying job.
And now the government is taking your tax money to bail out the bad guys, and those same bad guys will not work with you on your mortgage, which you want to pay.
Work with you? Quite likely, you cannot find someone to even talk to you.
What do you need?
An attorney who will listen to you and fight for your rights, who loves representing homeowners, middle class Americans, and taking down the big mortgage companies.
(I may be a debt relief agency, depending on the interpretation of the latest bankruptcy laws passed by Congress.