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Wednesday, May 12, 2010

Are you Facing Possible Foreclosure?

Working with a CDPE Real Estate Professional:

Are you facing possible Foreclosure?
     If you  have a real Expectation of the market both with value and timing
     If you are highly Motivated to get out of your present situation
     If you are willling to Cooperate with your CDPE Realtor to "help them help you"
     If you are willing to Communicate and be open, honest and upfront with your CDPE Realtor

...then you have the mindset and determination needed to get help from someone willing to help you stay out of possible Foreclosure.

Tuesday, May 11, 2010

Short Sale as an OPTION- Short Sale is NOT about being upside down and wanting out.

Many people think short sales can be used as an alternative for homeowners who find themselves in trouble with their mortgage payments, but it is ONLY AN OPTION for sellers who are either in a foreclosure already, or are headed toward one. It is important to understand it is NOT about being upside down with your mortgage and facing hardships- it is about the homeowners who ARE in trouble.

The Biggest Advantage to Short Sale

The biggest advantage to offering a short sale is that it helps the distressed homeowner avoid a foreclosure, which is crucial since foreclosures are one credit item that are almost impossible to repair. Foreclosures stay on your history forever and affect your credit score as well as your present employment and the hiring process for a new job.

Distressed Properties continue to dominate the Real Estate Market

As distressed properties continue to dominate the real estate landscape, short sales are a last hope for people looking to avoid foreclosure. The market that we are experiencing today is full of homeowners who are truly hurting and they don’t know where to start or who to turn to. Short sales are a good alternative for sellers who are either in a foreclosure already, or are headed toward one.

Real Estate for Sellers, Buyers and Homeowners by Ann Marie Gargano-Parks's Fan Box