If your business has suffered due to the mortgage meltdown and recent changes in lending, then you should consider coming to a special networking lunch next Wednesday, December 17th! A great opportunity to network while eating lunch, and to find solutions to navigate the new market!
**NETWORKING LUNCHEON**
Where: The Fox and Hound Pub and Grill (near Oxmoor Mall) 302 Bullitt Ln, Louisville, Ky 40221
When: Wednesday December 17th, Please arrive at 11:45AM for lunch - Meeting will run from 12-1PM sharp. Most will stay after to network.
You'll also discover...
Who was in attendance last week?
1. People who want to buy Real Estate.
2. People who want to sell Real Estate.
3. Realtors who know about deals and negotiate short sales.
4. Investors who know about and are looking for deals.
5. Mortgage Brokers who know how to put deals together.
6. Contractors who have access to a labor pool that can repair your properties professionally and at the right price.
Come see why agents at Re/Max, Keller Williams, and many others, as well as Loan Officers from Countrywide, Tri-Star Financial, MetLife Home Loans, Ocean Midwest and dozens of others are using various systems and tools to qualify their buyers, build a buyers list, and close more deals in today's market! I have been working closely with a Real Estate Agent who has closed 14 deals in the last 12 months by using the tools you will be hearing about on Wednesday!
See you Wednesday!
A woman arrived home from work only to find the doors to her home locked last week. Not unusual, right? I mean, we go home every day and expect the doors to be locked, right? That means our home and belongings are safe, right? But we usually expect the doors to open when we put our keys in the locks.
Unfortunately for this poor woman, the locks had been changed on all the doors.
So she called a real estate agent who had been keeping in touch by sending her mortgage crisis information. Upon assessing the situation, the agent realized that this woman was in a very bad situation indeed. After months and months of ignoring the calls and the letters from the bank, they finally did what was inevitable. They essentially repossessed the house.
Imagine what that poor woman was feeling at that moment
This doesn't have to be you! There are ways to prevent this situation.
1. When you get behind on your payments, contact your bank! Contrary to what you may think, the bank does not want to foreclose on your house. They are willing to work with you if you give them the opportunity to do so.
2. If you feel there is no way you can keep making your mortgage payments, contact a mortgage lender. They can help you assess your ability to refinance your loan. If you can refinance, the lender can often configure your payments to be lower than what you've been paying.
3. If you cannot refinance, contact a licensed real estate agent to help you assess if you can sell it. It is far better to sell the home and keep yourself from unnecessary stress than to struggle when you don't have to.
In Louisville, there are several great realtors and mortgage lenders who can assist you if you find yourself in this situation. Don't despair - you can avoid this situation!
Are you in a foreclosure or pre-foreclosure situation? We want you to know that there are options available. You don't have to lose your home. Your credit score doesn't have to suffer. We're here to help, offering real solutions for people in real situations.
~Kristopher Wissing
SidCo Property Solutions - www.sidcollc.com
Helping people get back on track - one family at a time!
If your business has suffered due to the mortgage meltdown and recent changes in lending, then you should seriously consider coming to this special networking lunch. Don't miss this great opportunity to network while having a great lunch and finding solutions to navigate the new market!
Date & Time: November 26th, 2008, 11:45am - 1pm
Location: The Fox & Hound Pub & Grill
Address: 302 Bullitt Ln, Louisville, Ky 40221 (By the Oxmoor Mall)
I look forward to seeing you there! Let me know if you have any questions!
~Kristopher Wissing
SidCo Property Solutions
http://www.sidcollc.com
Helping people get back on track - one family at a time!
[where: 302 Bullitt Lane, Louisville, KY 40221]
Top 5: Options for Someone Facing Foreclosure
5. Roommates Welcome! 4. Lease Option. If an outright sale of the house isn't an option, leasing with an option to buy may be perfect for the right person. You can gain the income to make your monthly mortgage payments while the person leasing can build up their credit score and have time to save to outright buy the property. A Win-Win for both parties!
3. Renting. Consider moving in with someone else for a while and renting out your home. Depending on the location, condition, and size of your property, you may even get more in rent than your monthly mortgage payment. Or, you could just rent out an extra bedroom. That will bring in additional income to help pay your mortgage payments. Signs for houses for rent can be purchased at most any home improvement store and ads for homes for rent can also be placed in the classified section of the Louisville Courier-Journal.
2. Short Sell. Perhaps there is enough equity in your home to sell it and pay off your loan. If so, in order to keep your credit in good standing, this may be the perfect option - especially if you either can't afford to keep the house or don't need the investment anymore. A short sell, or letting the bank take over selling your property, could be just what you need to relieve you from the burden of your mortgage payments.
1. Refinance. Often, the solution to a pre-foreclosure or foreclosure situation is as simple as refinancing your loan. In many cases, this can not only get your loan payments back on track but it can also assist in making smaller monthly payments and many times, in paying off the balances on other bills as well.
Are you in a foreclosure or pre-foreclosure situation? We want you to know that there are options available. You don't have to lose your home. Your credit score doesn't have to suffer. We're here to help, offering real solutions for people in real situations.
~Kristopher Wissing
SidCo Property Solutions - www.sidcollc.com
Helping people get back on track - one family at a time!
4. Lie to the mortgage company about your payment. If you lie to your banker about anything related to your mortgage payments, you could face fines and/or jail time - and you really don't want that. Trust us!
3. Try to sell the property on your own. Another potentially huge mistake! If you are in a pre-foreclosure or foreclosure situation, and you want to try to sell the house to get out of debt, going For Sale By Owner is definitely not a good move. It takes much longer to sell this way and you will likely miss lots of vital information when drawing up the paperwork. Not to mention that you've probably got a small window of opportunity to get the property sold before the foreclosure actually takes place.
2. Get advice from family members, friends, or co-workers. Unless the person you are soliciting advice from is a banker or mortgage lender, this could cause you more problems in the long run. Family and friends always mean well but they are advising you from emotions, not facts. In order to get out of your mortgage situation, you need facts from a reputable company.
1. Just let the foreclosure happen. This is probably the most unwise solution of all. There are several options available to you, many which will allow you to keep your home - and your credit - in good standing.
Are you in a foreclosure or pre-foreclosure situation in Louisville or anywhere else? We want you to know that there are options available. You don't have to lose your home. Your credit score doesn't have to suffer. We're here to help, offering real solutions for people in real situations.
~Kristopher Wissing
SidCo Property Solutions - www.sidcollc.com
Helping people get back on track - one family at a time!
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We are very successful in negotiating short sales. Our goal is to help save families and restore communities through assistance with getting back on track with your mortgage!
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