Posts Tagged ‘mortgage apple cake’

Angela and Bake Me A Wish appear on Examiner.com

Friday, August 28th, 2009

Paula Deen, Debbi Fields…and now, Angela Logan.

These are the women who have turned bad situations into very lucrative ones with some sugar and flour. And in Angela’s case, it also saved her house.

Here’s the story: Angela Logan was facing foreclosure on her New Jersey home after a series of unfortunate events created the perfect storm for her to fall behind on her mortgage payments (storm damage, an unscrupulous contractor and the collapse of an agency that owed her thousands…and took it with them). But after draining her accounts and those of her son and boyfriend, she still couldn’t make the payments. So, she turned to an old family recipe for apple cake…and it saved the day.

CLICK HERE TO READ THE WHOLE ARTICLE

Angela’s Story on CNN

Thursday, August 6th, 2009

Find your talent and figure out how you can help yourself in this recession. GREAT video from CNN:

This Old House Features Angela & Bake Me A Wish

Wednesday, August 5th, 2009

CREATIVE HOMEOWNER BAKES CAKES
August 3, 2009
Posted by Natalie Rodriguez

…But I’m personally most impressed by the hustle of cash-strapped Teaneck, New Jersey resident Angela Logan, who started baking “Mortgage Apple Cakes” or MACs and selling them for $40 a pop to pay her $2,559.54 mortgage payment so she could keep her house.

Angela managed to snag a corner in the kitchen of Hasbrouck Heights Hilton hotel to do her cooking, and now she’s selling her confections nationwide through Bake Me a Wish. She’s already received more than the necessary 100 orders to pay off that month’s due, and she’s planning on continue to bake and sell her cakes for as long as possible. Now that’s some creative D-I-Y if you ask me…

Click here to read the article.

Home Sweet Home: How Angela Logan Saved Her House By Baking

Tuesday, August 4th, 2009

POSTED: AUGUST 3, 2009
Wendy L. Wilson; courtesy of Essence.com

After a bad storm last December caused serious damage to her home in Teaneck, New Jersey, things for Angela Logan went from bad to worse. The contractor she hired ended up causing even more damage to her house, forcing Logan to pay $50,000 in repairs and leaving her house unfinished. The modeling agency that hired Logan went belly up without paying her several thousands of dollars for jobs she had already completed. That’s when her mortgage payments started to go downhill. Next thing the 55-year-old actress/model knew she was close to losing the house she has lived in for the last 20 years to foreclosure. That’s when she decided to set a goal and bake her way out of her financial problems. Logan was able to raise enough money to make her mortgage payments and may have even found a new calling through this experience. She spoke to ESSENCE.com about how she used her famous Mortgage Apple Cakes to save her from imminent foreclosure, who helped her get the word out and what she hopes other people will learn from her story.

ESSENCE.COM: How did you come up with the idea to sell cakes to help raise the money you needed?
ANGELA LOGAN: I met with a credit counselor who told me about a refinancing program called Making Homes Affordable. I signed up for it but it took at least three months to get a response from them. Once we did, they said, okay, now you have to make the first payment. This program was going to significantly decrease my mortgage but in order to get it I had to pay off all my bills and make three mortgage payments for the rest of the year. I had to find a way to get that money. So, I made a plan. I was going bake and sell 100 cakes at $40 per cake in 10 days.

CLICK HERE TO READ THE FULL ARTICLE.

Angela Morgan’s Story on TODAY

Tuesday, July 28th, 2009

Visit msnbc.com for Breaking News, World News, and News about the Economy

Mortgage Cake Baker Partners with Online Cake Seller

Friday, July 24th, 2009

Angela Logan and her “mortgage apple cake” have hit the big time.

The Teaneck actress, who two weeks ago began baking apples cakes for friends in an effort to stave off foreclosure — and then was overwhelmed with orders for the $40 confection after a Record article ignited a media storm — is now partnering with an online seller of special-occasion cakes.

Logan has signed a contract with BakeMeAWish.com that will allow her to use the company’s baking plant on Long Island to fill her backlog of hundreds of cake orders. BakeMeAWish employees will prepare the cakes under Logan’s direct supervision, and the privately held company will handle shipment, said BakeMeAWish founder and President Josh Kaye.

Logan, who was planning to visit a FedEx office Thursday to send off a crucial $2,559.94 check to her lender, currently is baking at the Hasbrouck Heights Hilton hotel, which offered a corner of its kitchen last weekend. The apple cake operation will move to Long Island as early as next week.

After Logan fills her pending cake orders, which are coming in from around the world, she will continue a business relationship with BakeMeAWish, said Kaye, who founded the company in 2004.

Kaye said mortgage apple cake eventually will become part of the company’s product line — the Web site was taking orders for it Thursday — and that proceeds from its sale will help other homeowners in financial distress.

CLICK HERE TO READ THE WHOLE ARTICLE