If you are interested in purchasing a new home "NOW IS THE TIME TO BUY"!!!

Call today to register for your FREE First Time Home Buyer Seminar.

This class will lead you through exciting steps of the home buying process.

Call Nelson Estrella at Allied Home Mortgage 440-605-550 x 113.

Email: nestrela@alliedhomenet.com or visit them on the web at: www.yourallied.com .

Refreshments will be provided.

After reading my local paper this morning in regards to an article, questioning the public who have faced foreclosure if they were forced into apartments. http://www.news-herald.com/site/news.cfm?newsid=19484758&BRD=1698&PAG=461&dept_id=21849&rfi=6 They asked for feedback. I found this rather ridiculous; I really wish our media would really start focusing on the positive ness of our areas.

As for Ohio there are some really great things happening such as mortgage companies that signed a deal on April 7, 2008 in hopes of stemming our foreclosure tide. http://www.ohiomba.org/ . There is less then 10% of our market that is actually in foreclosure. Can our media distinguish that the public would like to hear good news?

For those who may possibly be facing foreclosure, there are many options out there. I have faced foreclosure myself,before I became an agent I bought my first home only to find out that I got sucked in to sub-prime lending. Extremely embarrassed I let my house go. Since I have been educated and have been practicing real-estate a large portion of my clients have faced foreclosure. Short-Sales are always an option it saves you from the whole foreclosure process. There is nothing to be embarrassed about and my philosophy is that everything happens for a reason, and take a look at Donald Trump. Look at the number of times he has went bankrupt and got himself right back up. If there is a will there is a way.

As I was sitting here today I received a call in from my broker in regards to a mortgage company I have been dealing via short-sale. I immediatly listened to the information and then looked it up myself. Excitement? This completely made my day. As of April 7. 2008 Governer Strickland announced that nine mortgage companies signed an agreement called " Compact to Help Ohioans Preserve Homeownership". This will reduce foreclosures in ohio. Yes, Ohio we are the only state that has this agreement in the nation. Congrats to us!! The principles these companies signed include the following:

1. Engage in substantial and large-scale loan modification effort for ARM mortgage resets and subprime mortgages.

2. Indentify, evaluate and make good faith attempts to contact at-risk or defaulting borrowers soon as possible.

3. Modify loans to the extent permissible within existing fiduciary, contractual or other legal obligations and in accordance with prudent mortgage lending and services.

4. Create incentives for staff and foreclosure counsel to modify loans rather that foreclose.

5. Report progress to the Ohio Department of Commerce

6. Enter into a non-binding agreement with the State for some defined period of time "Agreements extend to June 30, 2009.

The Following Loan Services Signed this Compact:

Carrington Mortgage Services

Citi Mortgage

GMAC

RESCAP

Homecomings Financial

HSBC

Ocwen Financial Corp

Option One

Saxon Mortgage

Litton Loan Servicing

Select Portfolia Servicing

Governer Strickland said if you are facing foreclosure please call the Ohio Save the Dream hotline. This call may save your home.

It has been a moment since I have posted a blog on here my apologies go out to my customers and my active rain friends...I hope this all will be changing soon. However I would like to talk about a very important program that I just learned of today and wanted to share it with those of Ohio. As of March 3, 2008 lenders from all over Ohio will be able provide affordable, fixed rate financing to low and moderate income homes in which at least one member must an active military personal or military veteran, firefighter, emergency medical technician - paramedic, health-care worker, police officer and teacher.

The current fixed rate for OHFA for 1st time homebuyers is 5.375%

The current rate for a buyer in The Ohio Heroes Program is 5.125%

Please contact me today to learn more about what I can do for you!

I just wanted to say hello, and give you all a quick update. As you know I was once A and R Partners along with my partner Rhonda Battig, however we have both made a transition in our lives for the best and we have decided to no longer stay a partnership. We both made this decision togeather and we both are still very close. However I have chose to stay with Stanmor Realty Co and Rhonda made the decision to go to Prudential. We are both very excited about our new decision for the new year and we wish each other the best of luck. If you wish to reach I Aili Stone please visit www.ailisells.com and if you wish to reach Rhonda Battig please visit www.rhondabattig.com .

Thank You all For All of Your Support and look out for my latest blogs!

Aili Stone

Ok here is my question of the day........lol!!

We have been handeling alot of short sales and we have been very successful with them, and we have actually grown very fond of doing this...

However, We are looking for advice in how to approach people who are going through this situation, and have no clue that they can be helped......

Is there a certain marketing approach that you do, when marketing to people who are in a possible situation of loosing their homes????

We have been brainstorming on how we could put the word out there, without making people feel bad in regards to their situation.

I mean honestly, alot of these people have had a cut in their jobs, got hit with predetory lending and many more reasons. So whats your advice? Anything would be helpful!!!!!

We have designed a great program that works to get people out of this situation its just approaching new prospects we have not figured out..... So let us here your ideas!!!!

Its been over a week since my internet has been down and I just wanted to say how much I missed active rain, its amazing the addiction is overwhelming.

I wanted to appologize to everyone who had posted on our last blogs, and no reply's were sent, so THANK YOU ALL VERY MUCH!!!! it has been very hectic, but we are back up and running, and it feels great to be back...

The expierence is amazing and I have learned so much from this...I hope you all had a great thanksgiving and look forward to speaking to you all again!!!!

We have been working very hard brainstorming new ideas each and everyday in regards to our marketing.

We are so excited we just wanted to take the time to announce that we have managed to place our listings on 40 different websites via the interent and that does not include the normal sucn as realtor.com, howardhanna.com or prudential.com.

We have spent alot of time trying to master this and again we are just so very excited to announce this, we still are currently working on getting more additional sites, this is not a stop at 40 for us, it is increasing each and every day thanks so much to technology.

Also, I would like to send out a special thank you to my fellow bloggers on Active Rain, for all the support and Ideas we have received! You all are Fantastic!!!!!