Many of you visiting this page already have a firm grasp on what an Affiliate Program is so you can find our product at Paydotcom.com.

We are paying you 50% commission for selling our $37 Audio program and Ebook!  There are 2 Bonuses so far and we plan on two more bonuses.

Affiliate cash bonuses will be given to the top 3 sales people by the end of this quarter and next quarter with a minimum of 100 sales!

IF THIS IS ALL NEW TO YOU LET ME TELL YOU HOW THIS WORKS!

I hand selected many of you to join this program.

I found many of you through Google, Twitter or Facebook but the bottomline is that I know that this can be something unique for many of you.  Selling a product online doesn’t have to be difficult it just needs to match the needs of the target audience.  I hope I have selected a good crowd of people to help me promote this.

Will this product make you a millionaire, well no but it could put an extra $1000 in your pocket.  Not bad for doing little to nothing and at ZERO risk to you or you clients!

Who is Steve Beede

Steve Beede is an Attorney in California and BLOGs at stevebeede.com

My name is Brent Lane and I am a Mortgage Consultant in California and my BLOG’s are brentlane.wordpress.com and short-refi.blogspot.com.

Steve and I teamed up and put our information together to produce some very powerful content.

This information is foundational material  for any homeowner, Realtor or Mortgage professional.  It will help homeowners better understand the CORRECT way to handle their Upside Down Mortgage and put the homeowner on the right path to handling their situation properly and in the right order.

This material is meant to provide help to families across America and give them piece of mind while they handle their mortgage issues.

How this works

Simply put we want you to promote our audio course and ebook  to you database and I will pay you 50% of the sales price ($37) to do that for us.

That will put $18.50 in commission in your pocket for every sale.

Now I realize that isn’t a ton of money but this information will have a lasting impact on the families who read and implement this information. If it’s just about the money then things go poorly and no one wins!  Make the money the by-product of this information and GREAT things will happen.

This information has a Full 30-Day Money Back Guarantee.  On top of that we will be here to support the buyers questions and concerns.   We have developed forums and a syestem to follow up on BLOG Comments that will answer everyone’s questions.

Getting Started

1.  You need to sign up with Paydotcom.com. They manage the sales and they will pay your directly. So go here to sign up and it’s FREE!  Note, you will be prompted to pay $100 and only do this if you plan on selling over 150 programs!  Advantages of using Paydotcom are they track how many people are clicking through your affiliate link so you know if this is working or not from day one.

2.  Once you sign up for Paydotcom.com you will need to find our product.  You need to find the “Promote Product” tab –> then “From Marketplace” button–> Then Search for “coping with an upside down mortgage” or you can find us under “Money and Employement” and “Real Estate” or “Finance”.

3.  Once you find the product you will need click the “Promote” button and in this section you will find a whole bunch of material including links, emails and other goodies to help you promote.  The most important thing you need is your affiliate link.  You can take that and copy and paste it into any email, webpage, blog, twitter, facebook or myspace area to promote this information.  It automatically tracks it back to you and if a sale happens when someone clicks your link you make your commission!

4.  Go out and Promote this to your database, your readers, your friends and your followers!  Use your affiliate link from Paydotcom.com and that is all you have to do!  Under the Promote Button there will be several tools for you to use to promote this so look over everything and see what fits the best.

Finished

I know you may have questions so please leave your comments below and I will respond back to each inquiry personally.

On the horizon we have several other related follow up products that will fit naturally to these same homeowners.  Make sure you stay in touch with us for that information.

We appreciate your trust in us and most of all we congratulate you on taking the first steps in

“Coping with an Upside Down Mortgage.“

DONT FORGET TO WATCH YOUR FREE VIDEOS!

Pay close attention to your email over the next few weeks and months because we will be walking you through the right way to handle your Upside Down Mortgage CORRECTLY!

We anticipate having some great updates that promise to change to face of how most people handle an Upside Down Mortgage.  As always we want to help so ask us question via email or in the comment sections here or on our individual sites!

Download Your Coping with Upside Down Mortgages Ebook Here!

Listen or Download the audio presentation here!

Coping with an Upside Down Mortgage.WMA –

Bonus #1-

Download Hassle Free Hardship Letters Here!

Bonus #2-

The Report will be automatically sent to you via email if you submit your contact information below.  Be sure to verify your email to receive your bonus report!

WE WANT TO HELP!

Take advantages of these resources and get your questestions answered!

Join the Forum HERE!

Comment below!

Additional Resources:
Steve Beede’s Main Site! Real Estate Attorney

Brent Lane’s Main Site! Upside Down Mortgage

If you or anyone you know is faced with losing their home, the information available on this site is a must read.

Plus you’ll find unique resources such as Steve’s e-book, Coping with Upside Down Real Estate

Handling the Property During Foreclosure

For those facing foreclosure, how the property should be handled is of great concern.  From rent collection, to insurance, to taxes, it’s important to know what your rights and obligations are in order to protect yourself and avoid any additional liability.

1. Rent – If the property is rented, the tenant has a contractual obligation to pay rent to the owner. Often, once a tenant becomes aware of the pending foreclosure, he may decide not to pay the rent. The Owner can evict the tenant but the Court will not likely give you a money judgment against the tenant if you’re not paying the loan. So that’s a lose-lose result. Better to cut a deal with the tenant and get some money rather than none. Lenders generally have a right to collect the rent themselves but they rarely exercise this right.

2. Insurance - Keep the insurance in place. If the property burns down and you don’t have insurance, the lender can get a judgment against you for the whole debt. You don’t want this.

3. Taxes - Property taxes are a senior lien on the title. If the owner doesn’t pay the property taxes, the lender will probably do so and will have an additional claim against the borrower. Generally, taxing authorities do not go after the owner.

4. Maintenance – Once there is a default, the borrower is still obligated to maintain the property.  Many communities have nuisance laws which require the owner to keep the property looking good so as to not diminish the appearance of the neighborhood. Fines of up to $5,000/month are not uncommon.

Have questions about your obligations on an upside down property?  Tune in tomorrow for more.

Need help now?  E-mail Steve at sjbeede@bpelaw.com.

Get Email Updates Enter you Email Below: On our New Audio Program and E-book!

If you or anyone you know is faced with losing their home, the information available on this site is a must read.

Plus you’ll find unique resources such as Steve’s e-book, Coping with Upside Down Real Estate: A Legal Perspective

Understanding Your Options – Forced Remedies

There are two types of forced remedies for an Upside Down Mortgage, Foreclosure and Bankruptcy.

Foreclosure:

In California, there are two types of foreclosure, judicial and non-judicial.  For the most part, these two types of foreclosure are used nationwide, although some states may only employ one or the other.  Non-judicial foreclosure (also called “trustee’s sale) is a fast track program taking as little as 111 days (in CA).  It starts with recording a Notice of Default which gives the borrower 90 days to cure the default. If not cured, the lender will record a Notice of Sale. If the default is not cured in the next 21 days, the will sell the property to the highest bidder which in today’s market is generally the lender.

In CA, no deficiency judgment can be obtained if the foreclosure price is less than the amount owed.    If a lender wants a deficiency judgment, they will have to use judicial foreclosure which is a lawsuit in the courts.   This can take 18 months or more and  CA provides a one year right of redemption.

So the practical reality is that unless the loan is on some major property like an office building, a lender is not likely to seek a judgement when they foreclose your home or duplex.

Bankruptcy:

This is protection that the Federal courts can give an upside down borrower and there are two types for individuals: Chapter 13 to get a payment plan and hopefully keep your assets, and Chapter 7 in which you get rid of your debts and get a chance to “start over”.

The critical thing to remember about bankruptcy is that once a debtor files for Bankruptcy protection, and automatic stay becomes affective stopping foreclosures and evictions and any other adverse action. Congress is debating allowing BK Chapter 13 judges to reduce principal amounts owed on upside-down home loans.

As I write this, the House has approved the measure and it is now being considered in the Senate.  Watch our Blog for further news.

Update : Many people are turing to an Upside Down Mortgage Refinance 2009 for their Upside down mortgage relief.  There are plenty of no closing cost refinance options out there so take a look and see what you find.

Are you facing Involuntary Remedies?  Tune in tomorrow for more.
Need help now?  E-mail Steve at sjbeede@bpelaw.com.

Get Email Updates Enter you Email Below: On our New Audio Program and E-book!

If you or anyone you know is faced with losing their home, the information available on this site is a must read.

Plus you’ll find unique resources such as Steve’s e-book, Coping with Upside Down Real Estate

There are Four voluntary remedies when you’re Upside Down on your Mortgage:

• Do Nothing
• Buy Time
• Sell the Property
• Give the Property Back to the Lender

Do Nothing: We are at the end of a very long cycle.The fact that there are so many real estate owned (REO) properties currently on the market is keeping real estate prices down because the lenders have placed them on the market at fire sale prices.  Until these REO’s are off the market, prices will remain low and the downward pressure on the marketplace will continue.

Most economists believe that by the summer of 2010 or the beginning of 2011, the real estate market will begin to improve. Perhaps you can wait it out.

Buy Time: Unfortunately, waiting it out is not a viable strategy for most people who are upside down.  Buying time involves contacting the lender and trying to work out some kind of a change in the payment structure or term of the loan which will enable the borrower to continue making his loan payments.  In other words, you are attempting to negotiate a modification of your loan.  While lenders have not been receptive to this, the new Obama Real Estate Recovery Plan is already getting Lenders to reconsider. Lenders are not in the business of owning property; they are in the business of making loans and collecting payments.  Lenders don’t want to foreclose, but do so because of their economic interests.  If seeking a modification, you must convince the Lender that it is in their best interests to work with you. This is done through your Hardship Letter and your financial statements.

Selling the Property: In today’s market, selling the Property generally requires a “short sale” because the owner owes more to the Lender than the property is worth. So the property cannot be sold without Lender consent and willingness to take some or all of the loss. Again, the key is your Hardship Letter and your financial statements… convincing the Lender that they should take the hit because you cannot afford to do so.

Give the Property Back: Lots of people talk about sending the lender “jingle mail”, literally mailing the keys to the property to the lender and walking away under the mistaken notion that that’s the end of it.  For the lender, though, things are far from over. Giving the lender “possession” does not give the lender “ownership”. And the lender must be willing to take title, something they won’t do if there are junior liens.  Giving the property back requires a “Deed in Lieu of Foreclosure” which is to be recorded.  While such Deeds are rare and complicated, they are becoming more common.  All this information is helpful for an Upside Down Mortgage Refinance 2009 as many people are now turning to this option.  Today everyone is looking for upside down mortgage relief and are finding it in hands of professionals.

Are the Voluntary Remedies for you? Tune in tomorrow for more.
Need help now?  E-mail Steve at sjbeede@bpelaw.com.

Get Email Updates Enter you Email Below: On our New Audio Program and E-book!

We are excited around here!

The Launch of “Coping with an Upside Down Mortgage: A Legal Perspective” is a long time coming.

There is a whole bunch of information you can expect to get over the next few days so to keep in the loop please put your name and email address below and we will get you all the details as they roll out.  On top of that we will be sending you lots of free up to date information about the new Government Programs and how to qualify.

Read more:

1. Obama’s Mortgage Refinance and Modification Plan: “Homeowner Affordability and Stability Plan“

2. How did the Real Estate Market get to this point : “Understanding the Real Estate Cycle we are in!“

3. Understanding Your Options - Voluntary Remedies

4. Understanding Your Options- Forced Remedies

5. Handling Your Property During Foreclosure

We plan on rolling out plenty of information over the next few days and we will release full access to the Audio program and E-Book on Monday March 16th, 2009!

Let us know if you need anything further and Please leave us a comment below!  Don’t forget to stay in the loop, put your email address in the box below and we will send you all the updates!

If you or anyone you know is faced with losing their home, the information available on this site is a must read.

Plus you’ll find unique resources such as Steve’s e-book, Coping with Upside Down Real Estate

Here’s a quick look at what will be available on Day 1

How we got in this mess

These problems are not new. We typically go through such economic booms and busts every 7-8 years… it’s all tied to supply and demand. When demand is low, the supply starts off low and prices stay relatively flat.  Over time, as demand increases, supply will also increase.  Increases in demand are a natural motivation for developers to create more supply by building more houses and depending upon the availability of money, supply will increase until demand is met.  As supply is chasing demand, prices will rise.  Eventually, supply will out-pace demand, resulting in an oversupply, which, naturally, causes a fall off and reduced prices.  The market eventually stabilizes and the cycle starts again.

Today’s cycle is something unique in our history.  This cycle began and we should have had a correction in 1998-99. But changes in banking regulation allowing the “sub-prime loan” to develop jumped us over that and set the stage for the much harder correction we’re going through today which has resulted in trillions of dollars in lost value.

All this information is helpful for an Upside Down Mortgage Refinance 2009 as many people are now turning to this option.  Today everyone is looking for upside down mortgage relief and are finding it in hands of professional.  There are several no closing cost refinance options out there and people are beginning to see the light at the end of the tunnel.

How should you react to all this?  Tune in tomorrow for more.
Need help now?  E-mail Steve at sjbeede@bpelaw.com

Get Email Updates Email: For our New Audio Program and Ebook!