Facing the possibility of losing your home to foreclosure is a daunting challenge that can bring stress and uncertainty into your life. However, it's essential to know that you're not alone, and there are proactive steps you can take to potentially save your home from foreclosure. This blog post serves as a guide, offering valuable strategies to help you navigate this difficult situation and secure a brighter future for you and your family. Act Immediately, Don't Delay: The moment you realize that you might not be able to make your mortgage payments, take action. Delaying the process can limit your options and make it harder to negotiate with your lender. The sooner you address the issue, Continue Reading about How to Save Your Home from Foreclosure
Blog
A Guide to Saving Your Marlton Home from Foreclosure
Facing the possibility of losing your home to foreclosure can be an overwhelming and distressing experience. However, it's important to remember that you have options and resources available to help you navigate this challenging situation. In this blog post, we will explore strategies and steps you can take to potentially save your Marlton home from foreclosure. By being proactive and well-informed, you can increase your chances of finding a solution that works for you and your family. Understand the Foreclosure Process: First and foremost, it is crucial to educate yourself about the foreclosure process in Marlton. Learn about the specific laws and regulations that apply to your situation, Continue Reading about A Guide to Saving Your Marlton Home from Foreclosure
Save Your Medford Home From Foreclosure
Owning a home is often considered a significant achievement and a cornerstone of financial stability. Save your Medford home from foreclosure by implementing the following steps below. However, unexpected circumstances can sometimes arise, putting homeowners at risk of foreclosure. If you find yourself facing this distressing situation in Medford, it's important to know that there are actions you can take to save your home. Act promptly and communicate: The key to resolving a foreclosure threat is taking immediate action. The first step is to reach out to your mortgage lender and inform them about your financial difficulties. Explain your current situation honestly and openly. Many Continue Reading about Save Your Medford Home From Foreclosure
Certified Distressed Property Expert
A Certified Distressed Property Expert is a real estate agent trained to help homeowners avoid foreclosure. A Certified Distressed Property Expert, or CDPE has specialized training with the complex issues confronting distressed home owners. Foreclosure avoidance options available to homeowners. Through comprehensive training and experience, CDPEs are able to provide solutions for homeowners facing hardships in today’s market, specifically short sales. Are you behind on your house payments? Are you facing Foreclosure, Pre-Foreclosure or Notices of Default from your lender? You may be surprised at the options available to you. You might not have to walk away from your home! There is Continue Reading about Certified Distressed Property Expert
Foreclosure Activity Increases Nearing Pre-Pandemic Levels
Foreclosure starts close to pre-pandemic levels nationwide Lenders started the foreclosure process on 67,249 U.S. properties in Q3 2022, up 1 percent from the previous quarter and up 167 percent from a year ago — nearly reaching pre-pandemic levels. “Foreclosure starts, while rising since the end of the government’s foreclosure moratorium, still lag behind pre-pandemic levels,” said Rick Sharga, executive vice president of market intelligence for ATTOM. “Foreclosure activity is reflecting other aspects of the economy, as unemployment rates continue to be historically low, and mortgage delinquency rates are lower than they were before the COVID-19 outbreak.” States that posted the Continue Reading about Foreclosure Activity Increases Nearing Pre-Pandemic Levels
Separate the Myth from the Reality
It used to be that if you were facing foreclosure, it was difficult to find information about what to do. Today, distressed homeowners have the exact opposite problem. There is information everywhere, but it can be almost impossible to tell the truth from the fiction. But there is one fact that you can take to the bank: You have options. As a Certified Distressed Property Expert® (or CDPE) located in I make it my mission to help you separate the myth from the reality about the options that are available to you. Understanding your options and acting can help relieve the burden of your mortgage. Continue Reading about Separate the Myth from the Reality
How much equity U.S. homeowners have lost since May
Homeowner equity peaked at $11.7 trillion collectively last May, after home prices jumped 45% since the start of the pandemic.In September, home prices fell on a month-to-month basis for the third month in a row.Since July, the median home price has dropped by $11,560. The historic run-up in home prices during the first two years of the pandemic gave homeowners record amounts of new home equity. Since May, however, about $1.5 trillion of that has vanished, according to Black Knight, a mortgage software and analytics company. The average borrower has lost $30,000 in equity. Homeowner equity peaked at $17.6 trillion collectively last May, after home prices jumped 45% since the start Continue Reading about How much equity U.S. homeowners have lost since May
