Vectors and 3D Models
Local Search - Finance
Weather Information
Get the App for Smartphones and Tablets

Go Back

WhmSoft Free Articles Directory
Free Articles for Reprint
Free Articles to Publish
Free Articles for Newsletters
Videos to Watch

Page Generation Date and Time:
04/21/2018 02:13:48

Free the Animation VR / AR
Play to reveal 3D images and 3D models!
Android app on Google Play
vlrPhone / vlrFilter
Project of very low consumption, radiation and bitrate softphones, with the support of the spatial audio, of the frequency shifts and of the ultrasonic communications / Multifunction Audio Filter with Remote Control!

Alexa Data

Go To Articles Directory Home Page

To get the current article, - See Below (at the bottom of the page) -.
For top news titles, see below.
Web sites and videos listed in this page are frequently updated.
If you find that this page is useful (quality of web sites, images and videos, ...), you can add it to your favorites.
Bookmark Page !

Tell a Friend:

With your mobile phone (WAP / I-Mode / iPhone / PDA), for free:
The Top News -
The Daily Files -
All the Directory Files -

Web version of feeds:
Podcast Music -
Daily Files -

You can play the Guitar Drum Revolution game (flash game) by following the link below:
Play Guitar Drum Revolution Game

You can play free online games (flash games) by following the link below:
Free Online Games

Play the samples below:
Petit ChefPuzzleSnowball Pinball 2CronchFlying Fish

You can view the people (celebrities) news and the front page news (with videos, images and constant updates) by following the link below:
View Recent News
or by visiting the WhmSoft Service blog:
News Photos Slideshows

Article Keyword Videos to Watch
Click on the image to start the video.

Related Topics
Images - Links - Articles


Related Images

Article Category Videos to Watch
Go to the Videos Pages

Stop Foreclosure in New Jersey: 5 Things You Need To Know

Foreclosures are on the rise

In mid-September 2006, the Mortgage Bankers of America (MBA) disclosed that foreclosures on adjustable-rate mortgages (ARM) rose 29 percent to a four-year high quarter over quarter. As interest rates continue to rise, more homeowners who borrowed using exotic mortgages are finding themselves with rising monthly expenses, and are facing balloon payments that they may not be able to pay.

Credit counselors are seeing a large upswing in appointments. The combination of rising interest rates and “upside-down” mortgages (when the home value drops below the outstanding balance of the mortgage) are leaving some New Jersey homeowners with limited options. Those who cannot afford the rising monthly payments are beginning to face foreclosure.


Foreclosure is a repossession process that essentially starts as soon as the first mortgage payment is missed. A single missed payment can cause a serious drop in the borrower’s credit score. Each sequential late payment continues to damage the rating, which in turn makes it more difficult to refinance. Lenders will frequently charge around a 5% penalty for each late payment.

It’s important to know what your options are – even more important is that you move quickly. Lenders are playing the numbers, and with each day that passes, interest and legal fees will rise placing the odds against you. However, some lenders do offer assistance plans. They may:

> Reduce or suspend payments temporarily

> Create short term payment plans to help recover the deficit

> Tack on the delinquent balance to your principle and create more manageable payments

Make sure you contact your lender’s loss mitigation department (or equivalent) to discuss these options.

5 tips you should take into consideration

Analyze your financials

You must take a close look at your revenues and expenses will be for the next several months. Draw out in exact detail where your money is coming and going to, and examine each expense line item to see if and how it can be reduced or eliminated. You may also want to consider borrowing money from family and friends, but only do so if you are confident that you can pay them back in a timely manner.

Get help!

Your home is not the only asset at stake, your entire financial future is. Contact the Housing and Urban Development Department (HUD) to locate a government approved counseling agency. Their website at also has good information on options, as well as information on the New Jersey Fair Foreclosure Act.

Can you refinance?

If you have equity in your property, and your credit is still fairly strong, you may be able to refinance your loan with your or another lender. The lender will present its requirements, but you should have your personal financials, hardship documentation, and a general outline describing how you will get your finances back in order.

Face the facts

People are attached to their homes. However, now is the time to make some important decisions based upon facts, not emotion. The truth may be that you are struggling to keep a home that you cannot afford, and may be better off without it. Selling your home may allow your to retain your equity, and even more importantly may save your credit rating.

Negotiate a “deed in lieu of foreclosure”

If your property isn’t too “upside down” in value, your lender may accept a deed in lieu of foreclosure, and you may be able to minimize the damage to your credit, as well as relieve yourself from any further legal fees.

Accepting Foreclosure

While no one ever plans for foreclosure, the fact is it may happen. However, take into consideration that the financial damage will not last forever. If your finances improve, you may be able to qualify for a reasonable mortgage a couple years down the road. There are ways to rebuild your credit.

To learn more about how to stop foreclosure in New Jersey, visit for free information and resources.

Recommended Web Site(s):

Easy Articles Home Page - Articles Directory

Recommended WhmSoft Web Sites, Feeds and WAP Address:

WhmSoft Software Home Page - Software
WhmSoft Services Login Page - Music and Images
WhmSoft Moblog Home Page - Blog - Photo Gallery
WhmSoft Free Online Games Home Page - Flash Games
WhmSoft Services RSS Feed - Daily Music, Image and 3D Flash Animation
Classical Music with Drum RSS Feed - MIDI and MP3 Files
Classical Music with Drum Podcast Feed - MP3 and MP3 Files
WAP / I-Mode / PDAs - Daily Music, Image and Flash Animation

Home Pages:

WhmSoft Free Articles for Reprint Home Page
WhmSoft Services Home Page - Music and Images
Copyright (C) 2006-2018 WhmSoft - All Rights Reserved.