New turnkey revenue source for real estate and mortgage professionals.

From: Equity-Returns Program
Published: Thu Oct 11 2007

It’s hardly a news flash that the number of foreclosure filings has escalated astronomically over the past few years. Yet what has seemed to have gone under the radar is the effect all those filings have had on mortgage and real estate professionals - slowing down an already soft real estate market with a glut of undervalued foreclosed homes. The recently introduced Equity Returns program offers a solution to both problems, providing a turnkey revenue source for real estate and mortgage professionals and a more palatable option than bankruptcy for foreclosing homeowners.

The key of the Equity Returns program is to give the foreclosing homeowner an option to filing Chapter 13 by arranging private financing. By working with the homeowner’s attorneys and arranging private financing, Equity Returns lowers the monthly mortgage payment for a maximum of three years. This buys the homeowner time to either pay off his or her debt or prepare the home for sale where they can get optimum value and preserve their equity. The Equity Returns broker receives a flat $20,000 fee for this service to be paid from the equity of the home, not directly out of the foreclosing homeowner’s pocket.

"We help homeowners avoid Filing Chapter 13, which sets the homeowner up for failure because now he or she not only has to make a mortgage payment, but a Chapter 13 payment on top of that. Consequently, they can never catch up, even with three to five years to pay off the debt. That’s why more than 80 percent of Chapter 13 filings end with the home being taken and all the equity lost," said Chris Morrison, president and CEO of Equity Returns. "Because our program works with private financing, the homeowner’s monthly payment actually goes down. So, within three years, the homeowner is either caught up on his or her payments or in a position to refinance their debt or sell their home without jeopardizing their equity."

The Equity Returns operations manual provides step-by-step instruction on how the program works. The program ordinarily sells for $699, but is on sale for $499 during the initial launch, and includes:
• Complete, comprehensive instructions.
• All necessary contracts, forms, letters and agreements.
• The Best Kept Lead Generation Secret guide
• Leads on foreclosed properties in your area
• One free tutorial teleconference, a $200 value.
The Equity-Returns program lends itself well to the individual looking to get into real estate or supplement their real estate income. It also provides opportunity for several individuals to form a corporation and share foreclosure leads for their particular area. The Equity-Returns program can be run in any state that regulates the foreclosure market.
"This is in no way a "flip this house" kind of business, which is why we will only sell it for people to use in states with regulated foreclosure markets. Sadly, many of the foreclosures out there are from people who bought into some ‘no money down’ or ‘buy foreclosed property cheap’ scam," said Morrisson. "The Equity-Returns program, however, is a win-win for everybody. First, the homeowner, thanks to reduced monthly payments made possible by private financing, has a chance to save his or her home and equity. Second, the real estate or mortgage professional has the opportunity to not only help make that happen, but expand the services they offer—or even branch off into an entirely new business."
For more information on the Equity-Returns program, you can visit their Web site at While the program is currently available for $699, it will soon be on sale for $499 at the 2007 REALTORS® Conference & Expo, November 13-16 in Las Vegas, Nevada under one roof at the Venetian Resort Hotel and Casino and the Sands Expo and Convention Center.
About Equity-Returns— A turnkey revenue source for real estate professionals
CEO Chris Morrison, a real estate professional and software developer for the past two decades, developed Equity-Returns program to provide foreclosing homeowners a viable alternative to filing Chapter 13 bankruptcy, subsequently giving the homeowner the opportunity to settle their debts and save their home’s equity. Equity-Returns offers real estate and mortgage professionals a turnkey revenue source to facilitate private financing for these homeowners in regulated foreclosure states. Based in Providence, Rhode Island, you can find out more about the company by visiting

Company: Equity-Returns Program
Contact Name: Chris Morrison
Contact Email:
Contact Phone: 401-374-1964

Visit website »