(1888PressRelease)
May 08, 2007 - With over two million American families currently behind in their mortgage payments and unsure of what they need to do to stay in their homes, the national foreclosure problem has reached epidemic proportions.
Frank Curtin and Jeff Wynn, real estate mortgage foreclosure experts and program authors of "The Mortgage Survival Guide Program," have launched the 5000 Families in 5 Days Initiative to help families in need get their mortgage problem resolved and attain financial stability.
"We get calls every day from people who feel overwhelmed by bills they can't pay. They are in fear of losing the home they've worked so hard for to foreclosure or bankruptcy", says Curtin. "We felt like it was our moral obligation to extend a helping hand to those families in need, who are in such dire straits that they can't even afford the $39.99 price for our Mortgage Survival Guide Program. And foreclosures affect everyone in the area; a recent study from The Woodstock Institute tracked the impact of property values on neighborhoods where foreclosures happen, and it's absolutely devastating. The foreclosure crisis is truly an equal opportunity problem too; it can happen in the best and worst of
neighborhoods."
As a result, Curtin and Wynn are giving interested individuals and corporations the opportunity to anonymously "sponsor" needy families by purchasing The Mortgage Survival Guide Program at below cost. Their "5000 Families in 5 Days" initiative refers to the number of Mortgage Survival Guide Programs the pair has set aside to help distressed families, and the average length of time it takes to help get those families back on track once they begin the process outlined in the program.
Curtin and Wynn say they will also continue to personally gift their program to those in dire straits. "If I talk to a single mother whose only choice is buying baby formula or buying the Mortgage Survival Guide Program, it's a no-brainer to want to help," says Curtin. "And we believe that there are other civic minded individuals who feel the same way we do and will want to pitch in and lend a helping hand and help their own community's property values at the same time."
Curtin's Mortgage Survival Guide partner Jeff Wynn knows about this fear and uncertainty all too well; after a severe business setback several years ago, the once successful Dallas businessman was himself forced out of his home, causing he and his family to move four times in as many months.
According to Wynn, "It's a nightmare for the families who are the victims of all these creative financing mortgages that they didn't really understand when they got into them, and are now coming due at a payment level they can't possibly afford. In no time, they'll lose their home, destroy their credit for years and most will really take a psychological hit that's very tough to recover from."
To find out how you or your company can help needy families keep from losing the homes they've worked hard for and destroying their credit, log onto www.5000families.org
Each family can be sponsored for only $25.00, and they'll receive the entire Mortgage Survival Guide Program, which includes everything from a step-by-step manual on how to deal with lenders and other creditors to on-line and audio tutorial support on getting their financial life back in balance. Those individuals or companies who provide The Mortgage Survival Guide sponsorship for families in distress can take comfort in knowing their generosity will go to those families who most need it.
Says Wynn, "It's part of our obligation to lend our neighbors a helping hand. It just so happens that Frank and I are in the real estate business, and that means we can help folks avoid foreclosure. It's what we know how to do. How could we not offer to help with a crisis this big affecting so many people?"
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