Short Sales are Hopeful Option over Foreclosure!

 

 

There are many scams out there that operate on the fear tactic motivation. If you are struggling makine mortgage payments or upside down there are options.  This is a time when stress if very high and you need to understand there are hopeful alternatives.  Be it myself or another agent that is versed in the Short Sale of homes there is hope for moving forward without foreclosure or bankruptcy that gives you options.  Here is a quick overview of some of the facts. 

 

3.5 million Foreclosed Homes from 2008-2010

  • 2.2 million homeowners are severely delinquent on payments
  • 11 million homeowners are in homes worth less than their mortgages which makes a Short Sale a strong option that can help preserve your credit
  • 26% of residential sales in 2010 were foreclosures.
  • 35% of all sales in the next 2-3 years are predicted to be distressed home sales.

It has finally reached a level of understanding that foreclosures are not the only option and you should not be plunged into hopeless options when short sales offer opportunity for preservation of your credit after working lifelong at establishing yourself.  You are not alone.

Here are Ten Options to avoid Foreclosure Today!

  • Reinstatement
  • Forbearance or Repayment Plan- worked out with your current mortgage holder
  • Mortgage Modification-
  • Rent the Property-
  • Deed in Lieu of Foreclosure
  • Bankruptcy- has long standing credit impact
  • Refinance
  • Servicemembers Civil Relief Act (military personnel only)
  • Sell the Property
  • Short Sale- avoid foreclosure that can prevent long term impact on your credit without the stigmas that go with the foreclosure.
Call today for information on Short Sale options and view this website for more information.  I would like to work with you and the more information you have the better decisions you can make for the needs of you and your family.
 
CALL TODAY 303-884-6741!
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Streets of Southglenn Centennial, CO

Hello to all current neighbors and curious folks who might be considering a move.  The newer Streets of Southglenn has revitalized a neighborhood that is already surrounded by numerous parks, trails and areas for outdoor adventure.  The neighborhoods here have so much to offer from their highly rated schools, both public and private  with offerings of shopping, restaurants and movie theatres that are walkable.  Located at the crossroads of Arapahoe and University it has a great location with easy access to C-470 and I-25 corridors. As this is my first attempt at a blog please feel free to give me insights into what you might find informative about the area as I try to keep you informed!

http://www.facebook.com/pages/Colorado-Real-Estate-Cynthia-Lowry-Brokers-Guild-Cherry-Creek-LTD/141352075938452?ref=hld

 

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Welcome to WordPress.com. This is your first post. Edit or delete it and start blogging!

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