Strategic Default | (5 of 10) | What Happens When You Stop paying Your Mortgage

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Uploaded by on Jun 16, 2010

http://www.strategicloandefault.com - Are you underwater on your mortgage? Perhaps FAR underwater? Are you contemplating the growing trend of strategic default? Strategic default expert Paul Stevenson, creator of the Strategic Mortgage Default System, http://www.strategicloandefault.com , brings you this FREE multi-part series on the fundamentals of strategic default. In this fifth installment, Paul familiarizes you with the process that will begin once you stop paying your mortgage. It's a complicated process to make it all the way to the finish line in a successful strategic default, and Paul helps prepare you for what you will face. Future videos in the series will provide more detail on the issues covered in this edition, helping to teach you everything you need to know BEFORE you stop paying your mortgage

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Uploader Comments (PaulStevenson3)

  • I mean do you provide any services other than the book? Like actual assistance to get out of situations like this?

  • @rsmolkin Hi, I apologize, I did not read your first comment correctly. My book has helped hundreds of people successfully navigate their troubled mortgage. If customers have additional questions after reading the book I help them via email at no charge. I currently do not offer any consultations or other services.

  • Hi Paul, watching your whole video series. This is directly relevant to me. Do you just sell that book, or do you actually help with these situations? I have a similar problem to yours, 2 homes one worth 1/4 of original mortgage.

  • @rsmolkin Hi, Thank you for taking the time to watch the videos. I hope they were helpful. I do sell the book I wrote on this topic. It can be purchased on my website (a link is provided above in the video description). Please let me know if you have any additional questions. Thanks. Paul Stevenson

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  • No one ever mentions buying another home with your good credit, then begining a defalut.

  • When you mention a 'Workout Solution' why don't you mention 'Loan Modication' ie the bank reducing the mtg at a different term & interest rate? This is also being done which helps the bank reduce the # of homes foreclosed & vacant. This is what we are working on now with the Bank.

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