When owners miss mortgage payments, the lender directs the person named as the trustee identified on the deed of trust to commence foreclosure. The lender does this by recording a notice of default and mails this to the owners.

If the owners fail to pay arrearages and costs within the first three months the trustee will send a notice of sale setting the date, time and place for the trustee's auction. The entire process from notification to sale at an auction only takes about four (4) months to complete.

Having now received a notice of sale, they realize they cannot "cure" the foreclosure and must themselves try to sell the property and salvage whatever equity which has been built over the years by their diligently making payments on time.

Owners still have time to "cure" the foreclosure by reinstating the loan. They can pay the amount owing on the loan plus costs up to five (5) business days prior to the sale date.

Some owners, however, are unsuccessful in solving this problem. They, of course, have known about the problem even before they received the notice of default and have work diligently to save their equity.

A Typical Foreclosure Scenario:

An owner defaults on a loan, spends some time trying to come up with some money and ends up calling a Real Estate Broker for help. With very little time remaining, the broker realizing how serious the the situation is, discusses with the owner the only remaining options.

Option #1
The Foreclosure
"Profit" Speculator

The foreclosure speculator is out to make a profit and will only offer to the financially troubled owner little more than moving expenses - literally pennies on the dollar!

Does a few thousand dollars for all your equity sound like a fair deal?

More often than not foreclosure profit speculators will offer owners nothing more than what it costs to move.

It might be a great deal for the speculator but selling the equity for just pennies on the dollar is a very bad deal for the owner.

Option #2
A Trustee Auction

This usually nets the owner none of the owner's equity.

The lender simply starts the bidding at the amount owning on the loan(s) plus foreclosure expenses.

This leaves the owner with nothing and the lender, with no bid being made, gets the property title.

Don't let your property be sold at a lender's auction for the amount owed on it.

Equity Rescue is a New and
the Only Fair Option for the Owners.

The next time a the troubled owner calls an informed broker for help, the broker can say: "let me call Equity Rescue for you. They have a great way to rescue all of your equity from foreclosure".

Now with Equity Rescue the owners can;

• Avoid the loss of equity
• Avoid long term credit damage
• Avoid potential junior lien lawsuits
• Avoid potential tax problems
• Instantly become a qualified investor
• Have their equity funds work and grow
• Gain much needed emotional relief and time to recover
• And more...

Equity Rescue is a tremendously viable choice for the owners, because it helps them avoid the severe consequences of foreclosure. It is also an expense free program for the owners.

In the State of California alone, many tens of millions in property equities are lost though the foreclosure process each year. Consider the importance of rescuing these equities for the benefit of the owners and being rewarded for doing so.