My name is Bill Herring.
I specialize in equity recovery from property that is being foreclosed on by a lending institution. But, unlike most people
in this field, I believe in a fair, "Win-Win Deal", all the way around! I personally consider it unethical to step in, at
perhaps, the lowest point in someones life and take all of their equity from them in what, I would consider
to be, a real estate swindle...
Since it would appear that you are being forced into foreclosure on your property, I would suggest that you review my offer
as outlined below and give considerable thought to it. You needn't walk away from all YOUR equity YOU
have built into YOUR property over the years. We can, together, recover that equity and then split it 50/50.
Half the pie is much better than no pie at all!!!
What I am proposing is that we enter into a binding legal written contract (for both our protection)
providing as follows:
1. You sign a quit-claim deed, deeding all interest in the property to
me.
2. I file the deed with a county court having jurisdiction.
3. I then approach a lending institution to borrow money against the
title to the property.
4. This money will then be used as follows:
(a). Pay off your mortgage and all fees incidental to the
foreclosure action.
(b). Do any reasonable repairs and upgrades to the property to
ready it for sale on the open market.
(c). Make the property available for viewing and sale at top market
value.
5. Once the property has been sold, and all reasonable fees
incidental to such are covered, you and I split all
remaining funds evenly between ourselves.
Incidently, if you have an outstanding I.R.S. Tax Lien, or several Tax Liens on the property, I can retire these at 10
Cents on the dollar merely by showing the I.R.S. the Quit Claim Deed, mentioned above, and stateing that I will not take over
the property as proposed unless they retire the Lien(s) at a drastically reduced rate.
What most people don't know is that, although the IRS Tax Lien supercedes even a Bank-Held First Mortgage, they will not
preempt banks in foreclosures as this action would ultimately cause a collapse of the mortgage system in the United States!
The I.R.S. will retire the lien as I propose because they know that should you be foreclosed upon, they will get zero on the
lien, and they will have to retire it anyway because no lender will write a new mortgage on property with a cloud on the title!
Dealing with me as proposed will result in the following:
1. Remove the property from the foreclosure proceedings.
2. Pay off your mortgage(s), thereby saveing your credit rateing.
3. Pay any and all attourney's fees incidental to those foreclosure proceedings.
4. Make money available from new mortgage on property to prepare it
it for sale.
5. Ultimately, you are starting into a new phase of your life, with your
good credit in tact, and half of your realized equity at your disposal
in your personal banking account with which to move on!!!
I truly hope that you can find a way of recovering from your current unfortunate situation without having to rely on my
services as hereby outlined. However, if you find that you have done all that is humanly possible and your foot is still "held
to the fire" please feel free to contact me so that we can proceed as outlined, if need be...
But, keep in mind that it takes time to do all that I must do to save you from foreclosure. Please, don't wait until the
very last minute and expect that I can then step in and do what must be done. Give me at least one week before your final
foreclosure hearing and I will help you out of your predicament, as proposed.
In the genuine hope that we needn't work together in this matter and if, need be, we must...
I Remain,
Respectfully yours,
William M. Herring,
(305) 586-2059