Freedom Foreclosure Prevention

Freedom Foreclosure Prevention is a place that they claim negotiates on behalf of someone about to lose their home due to foreclosure with their lender. They of course try to negotiate the amount so they get a commission, typically around 10% or so from the people I've spoken with. Now this can be good if you don't know how or if your lending institution isn't willing to renegotiate the terms of your mortgage. The thing they don't tell you is most lending institutions will rework a loan to lower payments, or if say, you're a year behind on payments they will refold them into a new mortgage so you're up to date. As you can make the new, usually lower payments. All you need to do is call and ask them if they will do it. Many times they will do it for you without the help from Freedom Foreclosure Prevention or other similar type assistants.

Freedom Foreclosure Prevention could be handy if they will not negotiate, they claim to have 20 years of experience and they certainly must know things the average homeowner doesn't about these kinds of things. Like any business, Freedom Foreclosure Prevention is in it to make a profit so you should do the checking yourself first before bringing in someone who's going to want a percentage or fee you're going to have to pay.

I'd only recommend Freedom Foreclosure Prevention in cases where you've exhausted all your options and facing foreclosure or bankruptcy.

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