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Welcome To US Residential

Welcome To US Residential. Introduction. Our Goal: If your house is over-encumbered or you are behind on payments, we seek to protect your rights by utilizing a lawsuit driven strategy.

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Welcome To US Residential

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  1. Welcome To US Residential

  2. Introduction Our Goal: If your house is over-encumbered or you are behind on payments, we seek to protect your rights by utilizing a lawsuit driven strategy. The USFDLG attorneys find evidence of wrong doing. With that evidence, the banks usually settle at a large discount. One of our investors can then buy your house for cash, resell it at market value, and share the profits with you.

  3. Hottest Trends in Housing Most Common Ways to HandleOver-Leveraged or Distressed Properties: • Short Sales • Loan Modifications • Foreclosure

  4. Short Sales • Impacts homeowner credit • No money for the homeowner • Often paying concessions at closing • Possible deficiency judgement • Many don’t close

  5. Loan Modifications • Most don’t work! • Very few qualify • Less than 10% become permanent • Over 90% failed within the first year • Property usually remain over-leveraged

  6. Foreclosure • Very bad on credit report • Deficiency judgement on 2nd position mortgages that could continue for up to 26 years • Property taxes paid by the lien holder while payments were not being made.

  7. Helping Homeowners Homeowners are in trouble and the majority do not know what their rights are. They simply allow the lenders to force them through foreclosure because they believe they have no other choice. We know differently! We can and will help!

  8. Options for those with Over-leveraged Property • Do Nothing • Pay Off / Refinance • Walk Away/Deed in Lieu of Foreclosure • Forbearance • Negotiated Settlement • Chapter 13 Bankruptcy • Chapter 7 Bankruptcy • Loan Modification • Short Sale • Foreclosure • Sue the lenderSue the Lender w/Investor Help

  9. Sue the Lender w/Investor Help The USFDLG (US Foreclosure Defense Law Group) attorneys find evidence of wrong doing. With that evidence, the banks usually settle at a large discount. One of our investors can then buy your house for cash, resell it at slightly below market value, and share the profits with you. You’ll have the opportunity to order a highly recommended forensic loan audit of your loan. This process will provide legal leverage in negotiating a settlement with the lien holder. Program attorneys will discover evidence of bank wrong doing, then they’ll proceed to negotiate a settlement.

  10. How US Residential Is Helping Our program allows the homeowner to walk away with up to 20% of a cash settlement – in addition to potential credit and deficiency judgment protection. Client will meet with a program attorney in a Free initial consultation to discuss the program and develop a legal strategy.

  11. Common Banking Mistakes Forensic Discoveries: • Securitization Issues • Predatory Lending • Failures to Disclose • State and Federal Law Violation • MERS Violations • Lost or Missing Notes

  12. Property That We Cover Single Family Residence Homes (SFR) Single Family Townhomes Single Family Condominiums * Fair Market Value must be worth more than $150,000. We cannot assist mobile homes, manufactured housing, commercial, or multi-dwelling properties over 4 units.

  13. Our Programs Stop Lender Abuse Programs (SLAP) Programs • Owner Occupied • Walk Away • Home Protection

  14. Our Programs Owner Occupied This program is available to those that wish to stay in their homes as long as possible and fight the lender to delay the foreclosure and/or stop the foreclosure if possible.* There is a reduced monthly fee payable to the attorneys to litigate. * Each case is different and results vary based upon jurisdiction, facts of the case, etc. Please see Program Attorneys for specifics on your case.

  15. Our Programs Walk Away If a homeowner or investor simply no longer wants to deal with the home or lenders anymore, they may choose this option as long as they do not occupy the home. The monthly legal fee is paid by US Residential on behalf of the home-owner while in the program. * Each case is different and results vary based upon jurisdiction, facts of the case, etc. Property must be rentable. US Residential has the right to manage rental income. This income is to be applied towards attorney fees.

  16. Offered by USFDLG Only Home Protection* This program is available to those that wish to potentially keep their home through litigation to reduce the mortgage to at or below market price through principle reduction. * Each case is different and results vary based upon jurisdiction, facts of the case, etc. Please see Program Attorneys for specifics on your case. Home Protection offered by USFDLG only. USR is not involved with program although they will refer interested parties to USFDLG. .

  17. SLAP-Owner Occupied Reduced fee to attorneys Peace of mind We manage entire process Potential to protect credit Potential to avoid deficiency judgment Potential to walk away with cash How The Homeowner Benefits

  18. SLAP-Walk Away No monthly attorneys fees to litigate Peace of mind We manage entire process Get finances back on track Potential to avoid deficiency judgment Potential to walk away with up to 20% of the re-sale net sales proceeds after lender negotiations completed How The Homeowner Benefits

  19. The Walk Away and Owner Occupied Process

  20. The attorneys litigate the case and stop or stall the foreclosure while it seeks out affirmative defenses from the documents it demands through the discovery phase. Once the affirmative defenses are identified, the attorneys file these defenses in court as part of the case. They can then begin negotiations with the lender to attempt a settlement for about 40% of the market value. Once a settlement is agreed upon, the investor will purchase the property for cash as shown in the example below. This Is How It Works…

  21. Once the attorney has negotiated the settlement amount with the lender, US Residential finds an end buyer to purchase the property below market value for quick sale as shown below: This Is How It Works…

  22. Now that the Net Proceeds are calculated, all parties can receive their specific percentage based upon their arrangement. In our example, the arrangement and split is as follows. This Is How It Works… * If case is filed after Notice of Trustee Sale, .SLAP client will get only 10% of settlement.

  23. WA State Pricing Schedule

  24. Questions Questions?

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