Here is an interesting tactic to use to delay foreclosure on a home, and it appears to work. Ask the mortgage company to produce the note that you signed when you got your mortgage to prove that you owe them the money they say you owe. It is only a stall tactic to stay in the house awhile longer, but it is very interesting. Here is a news clip that was done by ABC News in Florida:
Wednesday, February 25, 2009
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Nice post. I like the part about produce-the-note. I live in Tampa and know one person he helped, and it actually worked. Well it did not work like some of the newspapers reporting, but they did get new terms that were very favorable and they were able to avoid foreclosure. It really varries by situation and probably the laws of your state on how far this goes. This site has all the videos they have done. Watch all the videos here:
http://tinyurl.com/bozo2d
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