About Us
The Helping Hand Foundation was formed in May of 2007 to help stabilize the local housing market. The principal task was to assist homeowners in keeping their home by negotiating mortgage modifications. As the business environment changed it became apparent that the majority of home owners in need were not eligible for modification. As daily news touted the “Hope for Homeowners” program and the proactive response from lenders, very few were helped. Most of the delinquent homeowners had to sell, and convince the banks to accept a short payoff.
The short sale became a popular way for borrowers to escape a property they could not afford and keep the banks from foreclosing. Unfortunately, the process is quite complex and time consuming. Many real estate agents got involved in the processing of short sales and, much to their dismay, had little success. The reputation of the short sale became so bad that agents would advise their buyers against writing a contract.
The Helping Hand Foundation has a model that allows bank negotiators to clearly determine if the sale makes sense. Our success rate is over 90% because we know what we are doing. Our staff has more than 25 years of mortgage market experience. We also have certified housing counselors and loss mitigation specialists trained by HUD on staff. We have a model that works and our success is no accident.
Beware of people who make promises they can’t keep. The unemployed “snakeoil” salesmen are entering the shortsale market daily. There are even shortsale negotiators whose only experience is in trying to negotiate their own shortsales to escape bad investments they made. They tout their models like they have some secret information. There is only one model that works and we have it. The secret is working hard and giving honest and accurate information to all parties involved.
In conclusion, don’t be a victim of a company that has files sitting on their desk with no idea what to do next. The sad truth is that the people who put their trust in these kinds of companies will pay the price for their failure. Make sure the company you are working with has trained staff and a money back guarantee. As a consumer you have the right to expect honesty and fair business practices from your service provider. Choose your agent and negotiator wisely and hold them accountable. Your financial future could be at stake.
