Home Solutions of North America stops foreclosures completely free of charge through our emergency halt saleprogram.  Aside from stopping foreclosures free of charge we offer a wealth of housing related servicesfor our members. This page describes our member services in detail. Home Solutions of North America isdedicated to ending foreclosure throughout the United States, dedicated to helping families achieve theirfinancial hopes and dreams and especially dedicated to outreach and community service.

Short Sale Education

The short sale education program is principally designed to assist homeowners whose homes are worth less than their existing principle loan balance. Millions of consumers are finding themselves in one of two difficultsituations related to short sales: (1) being forced to sell their home for less than what they owe due toserious economic hardships or (2) needing to sell their homes for less than they owe due to job transfer. Ourshort sale education program helps the consumer understand the pros and cons of short sales, gives them thetools they need to effectively manage the short sale process and also provides the consumer with links toindustry experts if they need additional assistance.

Property Tax Reduction

Far too many consumers pay more than they should in property taxes. The reason is quite simple. Our country recently experienced that largest expansion in housing values in modern history. While no one will arge that housing values are dropping rapidly, the problem related to taxation is that many local, city, county and state property tax collection agencies have failed miserably to reassess property values subsequent to the real estate market crash. Therefore, many consumers are paying property taxes based on assessed values that were
determined years ago. Many consumers can benefit from a property tax reassesment and Home Solutions of North America provides assistance through our Property Tax Reduction service.

PMI Service

Just as thousands of consumers pay taxes based on inflated property values, so too are many consumers payingPrivate Mortgage Insurance unecessarily. Private Mortgage Insurance (PMI) protects lenders from the possibilityof a borrower defaulting on a loan. If your principle balance on your first mortgage exceeds 80% of your home’svalue, lenders typically require PMI. Should your loan balance drop below 80% of your home’s value, PMI can beeliminated resulting in significant monthly savings. However, lenders, like tax assessors, do not particularlypay attention to the value of your home relative to the balance you owe for one simple reason: they wouldprefer to have PMI in place as opposed to PMI not being in place. Our PMI service helps consumers understandhow they can eliminate PMI on their homes and save hundreds of dollars on a monthly basis.

Home Buyer Education

During the home buying process many consumers tend to focus on the end goal as opposed to the means ofacquiring a home. With so many variables that effect the cost of ownership, many prospective buyers lose siteof important factors that increase their monthly expenses dramatically. With a focus on sticking to amanageable budget, Home Solutions of North America counsels home owners on choosing the right loan, the rightloan terms, the right home owners insurance policy, the right policy of title insurance and helps the consumerunderstand the impact of local and state property taxes if applicable. Without going through a home buyingeducation program first, many consumers end up paying far more for a home than they expected. Home Solutions ofNorth America believes that with proper education, more homeowners will be secure and satisfied in the longterm utilizing our service.

Renter’s Assistance

Homeowners aren’t the only ones that have been affected by the national housing crisis. Renters across thecountry have been displaced due to both residential and commercial foreclosures. Our renters assistance programis an indipensible resource for renters that need help understanding their rights. Our renters assistanceprogram explains renters rights, fair housing laws and serves as a resource for those displaced due to thehousing crisis in America.

Default Resolutions

The Default Resolution service offered by Home Solutions of North America addresses the growing need forhomeowners to properly plan for unforeseen hardships. Home loan default rates are at their highest in Americanhistory and our program helps the consumer properly budget, avoid defaulting on their home loan and alsoassists consumers with guidance related to effectively managing present home loan defaults. There are a numberof ways that consumers can negotiate with their lenders to get out of default such as forebearance agreementsand our program shows consumers the way out of default.

Fair Housing Assistance

Discrimination based on race, sex, national origin or disability is a serious concern of Home Solutions ofNorth America and we provide assistance to renters and prospective homeowners that have been discriminatedagainst. Discrimination can occur in the rental process, the lending process or in real estate transactions.Our service is designed to provide consumers with the knowledge and understanding they need to defendthemselves against discrimination. If you feel you have been a victim of housing discrimination please call usimmediately.

Loss Mitigation

Millions of homeowners are facing the decision to either walk away from their home or engage in a drawn outbattle with their lender to avoid foreclosure and effectively modify the terms of their home loan to make itmore affordable. Home Solutions of North America offers its members effective assistance in loss mitigation. Wehave been able to help hundreds of consumers negotiate with their lenders to obtain new loan terms allowingthem to stay in their homes permanently. While rules and regulations associated with loan modifications changedaily, we stay abreast of these changes to help our members negotiate with their lenders effectively. If youare interested in our loss mitigation service contact us today.

Home Equity Conversion

Seniors throughout the nation may be eligible for a home equity conversion program that will allow them to stayin their homes payment free. Some programs actually enable qualified seniors to receive monthly payments frombanks while staying in their homes payment free. There are a number of these loan programs, referred to asreverse mortgages, however the terms of these loans vary and the implications of a reverse mortgage can haveserious consequences for the consumer if the wrong program is chosen. Home Solutions of North America helpsconsumers understand the various home equity conversion options before they make decisions about the programthat is right for them.

Post Purchase Consulting

While most homeowners would say their number one goal as it pertains to their home is to pay it off, manyconsumers rarely implement specific plans on how they will accomplish this goal. Home Solutions of NorthAmerica’s post purchase consulting program focuses on assistaing the consumer achieve the goal of debt freeliving. The focus of our program is on building home equity and paying off principle efficiently. We assess ourmember’s income and expenses in an effort to help the consumer budget properly and pay more on a scheduledmonthly basis to principle reduction. We also help the consumer understand what form of property improvementsresult in the greatest return on investment as some improvements can add a great deal of value while otherimprovements rarely if ever return any money on investment.

Predatory Lending

Predatory Lending over the last decade has been extraordinaly destructive to the American economy. Countlessborrowers have been duped by lenders and brokers of home loans in to accepting loans with terms detrimental toborrowers in the long term. Some of these loans include Adjustable Rate Mortgages (ARM’s) and negativeamortization loans commonly referred to as Pay Option Arms. When some of these ARM’s adjusted, the interestrates caused payments to almost double in some instances. In addition, many borrowers were told that their1.00% rate on their option ARM loans were fixed or actually paid down principle. To the dismay of manyborrowers with option ARM’s, their principle balances have increased dramatically and their loans have“recasted” forcing the borrower to pay significatly higher interest rates. If you feel that you have been avictim of predatory lending then please call Home Solutions of North America today.

Guide for Relocating

Relocation services typically focus on the needs of those facing job transfer. The guide for relocating offeredby Home Solutions of North America focuses on the needs of those displacd by economic hardships and thosedisplaced due to residential or commercial foreclosure, that is, both homeowners and renters alike. Providing athorough understanding of the rights of both homeowners and renters, this service can help families in needacquire the adequate housing they deserve.

Equity Acceleration

During the housing boom a number of new equity conversion programs flourished throughout the country. Some ofthese programs offered a new spin on equity acceleration while others were simply repackaged versions of olderequity acceleration programs. Some equity acceleration programs work while others fail miserably. HomeSolutions of North America offers consumers insight in to the various home equity acceleration programs andalso provides members with links to equity acceleration programs that work well in reducing a borrowersprinciple balance quickly.