Are you at the risk of losing your home? Are you behind in mortgage payments? There are many reasons to be in this place. Losing a job, illness, divorce or not being able to refinance. Nobody wants to be in this situation and in many cases it is not their fault. Nobody plans on losing their job, nobody plans on getting ill or divorced. Nobody expects they can not refinance... AND nobody expected the market would go down like now! Often times, people in this situation are a bit too embarrassed to seek help and clueless as far as where to start... As I wrote in my previous post, my neighbors abandoned their home a few weeks ago because the rumor says they could not afford to live there any longer.
If you happen to be one of them, please know you are one of a million people. If you purchased a property at the peak of the market and got Pay Option Arms, you might be facing something you have never even imagined to have to go through in your life... If you've come to the point that you can't afford paying your mortgage and can't even refinance because you have second mortgage etc, please seek help. If you are in Snohomish County/King County, WA and need help in order to avoid foreclosure/bankruptcy, please feel free to contact me. Everything you talk to me will be CONFIDENTIAL.
Short sale is better than foreclosure. The inevitable result of a foreclosure is the bank taking away your home. But not only that, it will ruin your credit. Your credit will be in such a bad condition for many years. If you could, it should be avoided at all costs. I understand this is a very sensitive subject and nobody wants to be in this situation but if you are at risk and don't know what to do, where to start, please seek professional help. We all understand the situation... you are not the only one. Here to help...
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