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The
Diamond Plan provides homeowners with the
best chance for maximum results and boasts
a 99% success rate. Utilizing this plan
borrowers are able, if they so choose, to
enjoy the luxury of letting a personal
Default Management Specialist mediate the
entire process on their behalf. This plan
is designed to assist borrowers with
little or no time to devote to continuous
and unproductive calls to lenders and
their agents. Additionally, this plan is
set up to handle the more difficult to
negotiate cases. As such, homeowners
utilizing this plan are typically more
than 9 months past due. They may or may
not have a sale date set and quite
possibly may also be engaged in or just
concluding bankruptcy proceedings.
This
plan provides borrowers with the maximum
level of support because a personally
assigned foreclosure specialist will
interface with lenders, GSEs, and
attorneys hired to work on your lenders
behalf. More often than not, individuals
selecting this option have previously
approached their lender with a workout
attempt only to have had it rejected. For
homeowners choosing this option
circumstances leading to the default
generally vary ranging from a reduction in
income, to declining property value, to
divorce.
Homeowners
purchasing this plan may or may not wish
to retain the property and may wish to
pursue options ranging from repayment
plans to negotiating a deed-in-lieu of
foreclosure. Borrowers whose mortgage is
more than 6 months past due and with more
than $8,000.00 being required to reinstate
the loan will have a greater chance of
successfully negotiating a situation
appropriate relief/workout as an
alternative to foreclosure utilizing this
plan.
NOTE: Additional
support time may be purchased and is sold
in increments of 15-minute blocks at a
rate of $25.00 per block. Time must be
paid for in advance before an appointment
can be scheduled.
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