{"id":343,"date":"2022-09-04T14:43:17","date_gmt":"2022-09-04T14:43:17","guid":{"rendered":"https:\/\/iamfacingforeclosure.com\/2022\/09\/04\/i-am-facing-foreclosure-com-is-this-a-scam-goals-for-this-blog\/"},"modified":"2022-09-04T18:40:25","modified_gmt":"2022-09-04T18:40:25","slug":"is-this-a-scam-goals-for-this-blog","status":"publish","type":"post","link":"https:\/\/iamfacingforeclosure.com\/is-this-a-scam-goals-for-this-blog\/","title":{"rendered":"Is This a Scam? Goals for This Blog"},"content":{"rendered":"<div class=\"entry\">\n<p>Reading through the initial feedback I received, many people think that I am making this up.  They think I&#8217;m just blogging about facing foreclosure to get traffic, exposure, leads, whatever. <\/p>\n<p>You may also be thinking: <\/p>\n<ul>\n<li>Why would I share my financial details with the world and risk being embarrassed, criticized, made fun of or taken advantage of?  Don&#8217;t people in distress normally want to hide and save face?<\/li>\n<li>Why would I talk about &#8220;<a href=\"\/33\/will-i-go-to-jail-for-mortgage-fraud\/\">shady loans<\/a>&#8220;?<\/li>\n<li>Am I really facing foreclosure on all these houses?<\/li>\n<li>How can I be so calm talking about my distress?<\/li>\n<\/ul>\n<p><strong>I was amazed that people mistake my honesty for a scam<\/strong>. <\/p>\n<p>However, I understand how that may be. I went from being embarrassed and distressed about my situation to being confident about overcoming it, learning from it and sharing it publicly. <em>Maybe it&#8217;s my new-found confidence that made people suspect it to be a scam.  <\/em><\/p>\n<p>Nevertheless, I still feel down about the whole situation and feel sorry for making bad moves this year that caused me to get over-extended.  But, instead of crying about it I decided that I will be writing about it&#8230;<\/p>\n<p><strong>My goals for IamFacingForeclosure.com:<\/strong><\/p>\n<p><em>[Updated September 29th, 2006]<\/em><\/p>\n<p><strong>1. <a href=\"\/14\/i-want-to-avoid-foreclosure\/\">I want to<\/a> Sell My Properties Fast to Avoid Foreclosure and Bankruptcy.<\/strong> <\/p>\n<p>When I realized I am facing foreclosure on 6 properties and must sell quickly &#8211; I started marketing everywhere.  Keeping track of all the details and keeping everyone on the same page was hard.  So, I started this blog to A) list the properties for sale, B) and organize all the pertinent information, and C) display changes\/updates on the status <\/p>\n<p>It was embarrassing at first to tell everyone that I&#8217;m in trouble.  But then I figured, I will have the best chance to move my properties quick  if people understand that the time is running out!<\/p>\n<p>I also share my financial details to show publicly that I&#8217;m really in trouble.  Banks want to see evidence of distress before they offer options like loan-modification, payment plans, or allowing a short sale. <\/p>\n<p><strong>2. Share what NOT to do in Real Estate as a Home Buyer or Investor<\/strong><\/p>\n<p>By telling my story honestly and in detail I have the best chance to help others learn from my mistakes.  The lessons I&#8217;m learning are costly and painful.  I don&#8217;t want people re-inventing the wheel like I did.  Whether you&#8217;re looking to buy a house to live in or you are a beginner real estate investor. Learn from me!<\/p>\n<p><strong>3. Help other People Who are Facing Foreclosure.<\/strong> <\/p>\n<p>It is ironic that I started my real estate investing business by buying houses from MOTIVATED sellers &#8211; and now I am a motivated seller MYSELF.  Knowing first-hand what it&#8217;s like to face foreclosure I now have more of a heart for the distressed person.  I know the feelings of denial, desperation, helplessness and intense financial pressure.  <\/p>\n<p>As I find solutions for myself, I will be discussing how to stop the foreclosure process, loan work-out solutions and options, forbearance, loan modification, short sale, when (and if) to file bankruptcy, rebuilding credit, etc.  <\/p>\n<p>I want to use my negative experience to help others.  <\/p>\n<p><del datetime=\"2006-09-29T18:58:43+00:00\"><strong>4. Expose Shady Loans and Real Estate Practices.<\/strong>  It is very easy for investors and borrowers to get into shady practices.  Maybe I am over-reacting and it&#8217;s not a big deal.  But maybe &#8220;gray area&#8221; type of stuff is going too far. <\/del> <ins datetime=\"2006-09-29T18:58:43+00:00\">I am NOT a Whistle-Blower and am not qualified to judge these matters.  Also, needless criticism is NOT going to help anyone.  I will be looking at &#8220;shady&#8221; loans only in the context of my own situation to see where I crossed over the line.<\/ins><\/p>\n<p><del datetime=\"2006-09-28T20:15:33+00:00\"><strong>Expose Bad Real Estate Investing Education.<\/strong> <\/del><ins datetime=\"2006-09-28T20:15:33+00:00\">Gurus that I learned from did not teach me anything bad.  I was the one who took stupid risks and got over-extended.<\/ins><\/p>\n<p><strong>Financial Gain?<\/strong> <\/p>\n<p>This is not my primary intent.  Though, of I can make a little money in the process via donations, advertising and referrals, that would be great.<\/p>\n<p><strong>Bottom line, why this is not a scam:<\/strong><\/p>\n<p>A) When I first launched this blog on September 5th, 2006 &#8211; I sent an email to everybody in my address book &#8211; friends, family, real estate contacts, associates, past clients and co-workers.  In the email I shared the situation and provided a link to this blog.  Why would I lie to EVERYBODY I know? <\/p>\n<p>B) You can check all the facts.  Drive by the houses.  Call the lenders and verify.  Check the public record next month for Notices of Default.  It&#8217;s all legit!<\/p>\n<p>What do you think?<\/p>\n<div class=\"post_meta\" style=\"margin-bottom: 10px; margin-top: 20px\">\n<p class=\"tagged\">Filed under <a href=\"\/category\/blogging\/\" title=\"View all posts in blogging\" rel=\"category tag\">blogging<\/a>,  <a href=\"\/category\/goals\/\" title=\"View all posts in goals\" rel=\"category tag\">goals<\/a><\/p>\n<\/p><\/div>\n<div class=\"navigation\" style=\"font-size: 1.0em; margin-bottom: 0px\">\n<div class=\"previous\"><a href=\"\/30\/brutal-comments-and-the-high-cost-of-honesty\">Brutal Comments and Honesty<\/a><\/div>\n<div class=\"next\"><a href=\"\/32\/voice-of-san-diego-reports-on-my-story\">Voice of San Diego Reports on My Story<\/a><\/div>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Reading through the initial feedback I received, many people think that I am making this up. They think I&#8217;m just blogging about facing foreclosure to get traffic, exposure, leads, whatever. You may also be thinking: Why would I share my financial details with the world and risk being embarrassed, criticized, made fun of or taken [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3,4,14,15,16,19,20,21,25,26],"tags":[],"_links":{"self":[{"href":"https:\/\/iamfacingforeclosure.com\/wp-json\/wp\/v2\/posts\/343"}],"collection":[{"href":"https:\/\/iamfacingforeclosure.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iamfacingforeclosure.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iamfacingforeclosure.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/iamfacingforeclosure.com\/wp-json\/wp\/v2\/comments?post=343"}],"version-history":[{"count":1,"href":"https:\/\/iamfacingforeclosure.com\/wp-json\/wp\/v2\/posts\/343\/revisions"}],"predecessor-version":[{"id":526,"href":"https:\/\/iamfacingforeclosure.com\/wp-json\/wp\/v2\/posts\/343\/revisions\/526"}],"wp:attachment":[{"href":"https:\/\/iamfacingforeclosure.com\/wp-json\/wp\/v2\/media?parent=343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iamfacingforeclosure.com\/wp-json\/wp\/v2\/categories?post=343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iamfacingforeclosure.com\/wp-json\/wp\/v2\/tags?post=343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}