As recently as a few months ago, if you would have told a real estate agent who specialized in short sales that they’d be raving about a lender’s stellar service and rapid approval times—not to mention significant cash incentives for financially strapped homeowners for pursuing a short sale—you’d ... Continue Reading » about It’s time to take another look at short sales
Short Sale Info
Handling the Stress of an Unaffordable Mortgage Payment
Whenever I research the latest foreclosure and distressed property statistics, the sheer number of Americans facing the stress of losing their homes amazes me. It is my goal to help as many homeowners I can either stay in their homes or relieve the burden of their mortgages. Knowing that there are ... Continue Reading » about Handling the Stress of an Unaffordable Mortgage Payment
Resolve to Face the Facts!
Since 2007, 8.9 million homes have been lost to foreclosure and millions more are headed in that direction. As a real estate professional who has earned the Certified Distressed Property Expert (CDPE) designation, my mission is to ensure that you or anyone you care about does not add to that ... Continue Reading » about Resolve to Face the Facts!
Your Ticket to Freedom from Mortgage Frustration
In the news, there is talk of a housing recovery. Experts feel more optimistic about the state of housing industry in America. However, if you or someone you know is one of the millions of homeowners who is stuck with a home on which you owe more than the property is worth, the feeling of ... Continue Reading » about Your Ticket to Freedom from Mortgage Frustration
3 Reasons the Term “Strategic Default” Is Misleading
In a recent study, the Chicago Booth/Kellogg School Financial Trust Index found that a full 36% of Americans would consider “strategic default”—another term for walking away from your mortgage—if they were underwater (owed more on their home than what it was worth). Now that more than one in four ... Continue Reading » about 3 Reasons the Term “Strategic Default” Is Misleading
It’s a sign of the times!
Most of us grew up thinking that if we planned well and played by the rules, we’d never have to stand by as our financial lives unraveled. But upheaval on Wall Street, unacceptable rates of unemployment and plummeting real estate values have taken their toll. Since 2007, 7.9 million homeowners ... Continue Reading » about It’s a sign of the times!