Freedom
Foreclosure Prevention Services is a
loss mitigation specialty company out of
Phoenix, Arizona. Their business
is representing people that are facing
foreclosure from their lender. They
negotiate a deal that allows you to avoid
losing your property for which they get a
10% cut.
The company is run by Jeff Segal and the
business opportunity that they offer is
training and education in loss mitigation
and Real Estate courses. Jeff Segal
has expertise in a variety of industries
including computer science, direct sales,
and financial services.
Loss mitigation is becoming an
increasingly demanded service since trends
in the US show that more and more homes are
facing foreclosure. Freedom
Foreclosure Prevention Services claim to
be experts in the laws related to
Foreclosures and experienced in the
regulations surrounding this business.
The can negotiate in the favor of the home
owner and allow them to keep their mortgages
and homes.
What the average person may not know is that
many lenders and banks provide these
services on their own. More often than
not they will rework a loan even if you have
faulted a full year. Essentially they
offer the same services that FFPS does,
since its beneficial for your lender to get
you on a positive payment plan and also not
have to negotiate for that 10% that Freedom
Foreclosure Prevention Services takes.
Realistically you should turn to Freedom
Foreclosure Prevention and related companies
only after you have exhausted all options on
your own. As far as the business
opportunity that Freedom Foreclosure offers
it is questionable at best. As a third
party negotiator many banks and lenders
simply will not deal with you even if you
have the consent of the loan holder.
So in the end investigate all your
options carefully before you work with
Freedom Foreclosure Prevention Services
or similar companies.