New Tactic to Fight Foreclosure

Released on: July 10, 2008, 8:09 am

Press Release Author: Arizona Cash Flow Club

Industry: Real Estate

Press Release Summary: Arizona Cash Flow Club is sharing a new tactic that
homeowners facing foreclosure can use to potentially force their lender to
negotiate.

Press Release Body: There's a new strategy for fighting foreclosure and people are
winning. Despite all the hype about lenders wanting to help homeowners avoid
foreclosure, most borrowers know that's not the reality. Arizona Cash Flow Club is
helping people get educated about how they can potentially force their lender to
renegotiate loan terms.

During the lending boom most mortgages were sold. In the rush to turn these over as
fast as possible many of the new lenders did not get the proper paperwork to show
they own the note and mortgage. As a result, approximately 40% of lenders who are
now moving to foreclose on homeowners don't have the proper paperwork to prove they
have a right to foreclose.

Arizona Cash Flow Club is providing the steps and template documents consumers
facing foreclosure need to follow to ensure their lender can prove they have the
right to foreclose on the www.ArizonaCashFlowClub.com website. This process is not
intended to help people get their house for free. The goal is to delay the
foreclosure and put pressure on the lender to negotiate. People are winning in
court against lenders who can't prove they own the note.

Barbara Atkinson, Founder of Arizona Cash Flow Club and licensed REALTORŪ, said
"Every consumer facing foreclosure should force their lender to produce the note,
both to ensure that the lender has the right to foreclose and to protect themselves
from another lender attempting to collect after their home is repossessed."


About Arizona Cash Flow Club
Arizona Cash Flow Club, an organization dedicated to helping people connect with the
education, opportunities, and resources they need to achieve financial independence,
Visit http://www.ArizonaCashFlowClub.com for educational and networking events in
the Phoenix metro area.


Web Site: http://www.ArizonaCashFlowClub.com

Contact Details: Arizona Cash Flow Club
5835 N 16th St., Suite 103
Phoenix, AZ 85016
602-323-4359
Admin@ArizonaCashFlowClub.com

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