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New Website Shows Homeowners How to Avoid Foreclosure

02-06-2006 10:06 AM CET | Business, Economy, Finances, Banking & Insurance

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Homeowners facing foreclosure now have a new, free resource to help them stop the foreclosure of their home. Founded by Bob Gatchel, a noted realtor and real estate investing expert, gives homeowners a wide range of legitimate solutions to help save their home and save their credit.

Port Deposit, MD - When it comes to a mortgage foreclosure, most homeowners aren't aware of the options that they have to help stop this financially devastating situation. To make matters worse, there are several unscrupulous companies and organizations that prey on these unsuspecting homeowners who not only lose their home, but end up financially worse than they were before the foreclosure.

Starting this month, a new website has launched to give homeowners free, unbiased and legitimate information on how to avoid foreclosure on their home -

On this site homeowners can learn:

- The 7 Steps to Stopping a Foreclosure
- How Exactly the Foreclosure Process Works
- The Secret Foreclosure Options Your Lender May NOT Tell You
- Foreclosure Scams: Avoid These at all Costs
- How to Legally Repair Your Credit
- Updated News and Laws about Foreclosure Options

These are just some of the topics covered, with more articles and resources being added every month.

"It's my goal to make the most complete site on avoiding foreclosure on the internet" says Bob Gatchel the founder of this site.

He went on to say. "As a long time real estate agent and a real estate investor, I've encountered numerous homeowners that were involved in the foreclosure process. These people were under extreme emotional stress due to the fact that they were going to lose their home. These were not lazy deadbeats, but good people that ran into temporary financial problems who were like deer in the headlights watching their homes, their dreams and their good credit being taken away. What was worse there were unscrupulous investors and lenders out there that took advantage of them and literally stole their home from them. If these unfortunate people knew the rules, and knew their options, they could have avoided this whole situation entirely. That's why I created this site. To help people facing foreclosure to get the facts so that they can work on solving this problem the right way, rather than losing their home."

Bob Gatchel is a long time real estate investing consultant and Realtor in Elkton, Maryland. As the founder of, he also lectures on a wide range or real estate topics to Realtors, investors, and homeowners.

For More Information Contact:

Bob Gatchel
Phone: (443) 827-8023

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