There are a lot of questions and confusion regarding the Obama administration's announcement of its latest plan to help troubled homeowners, enabling an estimated 3.5 million underwater mortgage holders to refinance at today’s historically-low interest rates.
There are many hopeful homeowers that are delaying the recovery process in hopes of qualifying for the program. Lets take a moment to review the qualifications of the plan...
Under the current proposal, to be eligible borrowers must:
Have not missed a mortgage payment in the past six months, and have no more than one late payment in the six months prior;
Have a credit score of 580 or higher;
Have a current mortgage balance within loan limits for FHA-insured loans in their communities; and
The property must be their primary residence
it’s important to remember that this program would require Congressional approval, which may never happen.
If you or someone you know is on the edge, if you are facing foreclosure and need immediate help, don’t let the media talk of this proposal distract you from finding a real solution. Time is of the essence.
Listen in as Alex Charfen, CEO of the Certified Distressed Institute [CDPE] as he explains the major changes that can affect you and those you care for.
If you or anyone you know is interested in learning more about this program please contact me immediately, we have a task force of over 30,000 CDPE's [globally] standing by to help.
Burgos has developed a free report entitled, “Are You Living Under the Cloud of an Unmanageable Mortgage?” that is accessible from her website, www.FLAvoidForeclosure.com
The report provides an overview of qualification criteria for the most common foreclosure alternatives, cites red flags for scams, and reminds homeowners why avoiding foreclosure needs to be a top priority.![Burgos Press Release [Feb 12]](/image_store/uploads/5/8/7/2/2/ar132828636822785.jpg)
In the President's State of the Union proposal Obama announced he will be sending Congress a "Homeowners Bill of Rights" to make the mortgage and refinancing process simpler.
The Secretary of The Department of Housing and Urban Development, Shaun Donovan spoke in a Press Briefing to explain the details of the "We Can't Wait Efforts" that Fannie Mae, Freddie Mac and HUD are putting into place to Help Homeowners.
Some of the topics addressed in the briefing were:
Remember, this new program they are discussing is specifically for homeowners that are current on their mortgage payments. The vast majority of homeowners in distress are NOT current on their mortgage. Although this program may not be the right solution for all, there are other programs available that may offer positive results.
Do you anyone that owes more on their mortgage than it is currently worth and does not know what to do? Please feel free to contact us for a FREE NO OBLIGATION CONSULTATION. There are solutions and we are here to HELP.
 |
|
|
CDPE-Certified Distressed Property Expert Helping Homeowners Avoid Foreclosure. Pembroke Pines, Hollywood, Miramar, SW Ranches, Davie, Weston, Foreclosure & Short Sale Expert www.MichelleCanHelp.com
Michelle Burgos, CDPE Advanced Since 2008
REALTOR® - TEAM LEADER - NOTARY PUBLIC-BILINGUAL SPANISH/ENGLISH: After obtaining an Associate degree in accounting back home in New York, Michelle relocated to Florida in 1996 with her daughter Ariana and husband Tony.
That year, Michelle and Tony became Co-Owners of a successful commercial air conditioning corporation, which they currently still own and operate.
As a small child, Michelle was introduced to the world of real estate. She, on many occasions sat in as her father's assistant and accompanied him on his appointments, as he was a real estate broker/owner and investor. Michelle always had a passion for real estate but never pursued it. In 2000, Michelle decided to follow her childhood dream of becoming a Realtor.
Today, she is a "Full-Time" Realtor affiliated with RE/MAX PowerPro Realty and a CDPE Advanced Designee that specializes in residential home sales: Luxury Homes and Distressed Property Homes Sales throughout Broward and Miami-Dade Counties in South Florida, with special emphasis in the communities of Davie, Miramar, Pembroke Pines, Hollywood, South West Ranches, Weston, Cooper City, Plantation, Sunrise, Tamarac, Coral Springs, Parkland, and Ft. Lauderdale.
Being a strong believer in continuing education, [in order to better serve her expanding customer base] she has attended many board seminars and state conventions over the years to enhance her knowledge in the real estate industry.
In 2008, Michelle earned her Certified Distressed Property Expert designation, which has allowed her to help many homeowners find an alternative to foreclosure.
Michelle has processed numerous short sales with major lenders including and not limited to Chase, Bank of America, Countrywide, Wells Fargo, Wachovia, HSBC, Citibank, Sun Trust, GMAC, PHH Mortgage, Regions Bank, American Home Mortgage Servicing, Digital Federal Credit Union, Litton Loan Servicing, American Servicing Company, Washington Mutual, and many more.
She has personally negotiated short sales that have required approvals from Mortgage Insurance companies, Home Affordable Foreclosure Alternative [HAFA], Fannie Mae, Freddie Mac, HUD, Jr Lien Holders, Home Equity Line Of Credit, Home Owners Associations, Attorneys, Trustees, Major Lenders, Credit Unions, Small Banks and Private Lenders.
Michelle is passionate about helping homeowners find the right solution for themselves and their family, and understands that each situation is unique in nature. There is no circumstance too big or small that Michelle is not willing to tackle. She takes pride in helping homeowners, her community and the economy as a whole. She understands that each family she helps is a leap forward to helping solve the foreclosure crisis.
In 2003, Michelle earned the Graduate Realtor Institute (GRI) designation, which has prepared her to provide high levels of professional service to her clients by securing a strong educational foundation. The GRI designation is obtained by attending a specific, intensive series of 90 hours of classroom instruction, covering subjects in contract law, professional standards, sales and marketing, finance, and risk reduction. The subject matter has been chosen to educate practitioners about local, state and national real estate practices that affect them, their clients and customers.
Most recently, she met the requirements to obtain the At Home with Diversity, One America designation awarded by the National Association of Realtors (NAR), and the U. S. Department of Housing and Urban Development (HUD) thereby recognizing her as a leader in the practice of expanding homeownership opportunities to our nation's minority and immigrant families and communities.
Michelle is committed to providing her valued customers with professional, courteous, and timely service. Her guiding principle is being "Not just a Real Estate Agent - A Realtor for Life." She is computer savvy and is always looking for new technologies that will enhance her ability to serve her customers more effectively. That being said, Michelle has developed an enhanced marketing plan that utilizes the Internet among other unique techniques to expose the homes she markets to the greatest number of prospective buyers, and to help buyers find the home of their dreams.
Memberships & Network Groups:
Guaranteed to Move You!
When you or someone you know is pushed to the edge of foreclosure, it is vital to know that you have options.
It is my duty as a real estate professional to reach out to distressed homeowners. As a CDPE-designated agent, I have received extensive training to help homeowners avoid foreclosure.
I created a site: www.FLAvoidForeclosure.com to provide a lifeline of information regarding alternatives. From short sales to loan modifications, I can provide information to help.
For a free reports on foreclosure alternatives, visit our site. Take action today and avoid falling into foreclosure. I'm only a phone call or email away.
She is definitely somebody you want to have on your side of the table!
My wife and I have just completed the sale of our home with the professional help of Michelle Burgos. We were able to sell our home at a great price, getting what we wanted, even in these tough times. Michelle surprised us impressively from the the very beginning with her professional presentation and marketing plan. It was very reassuring to us after having dealt with other realtors in the past, to see a level of expertise once thought non-existent. Michelle was always a phone-call away, and if not available at the time, would always return our phone calls promptly. She handled all of our home showings with the highest regard to the safety and security of our property, obtaining all pertinent information prior to allowing any entry into our home. She is definitely somebody you want to have on your side of the table, and not the other. By all means, if you are considering selling, buying, or even refinancing a real estate property, please do consider using the services of Michelle Burgos, we are sure glad we did.
Mr. & Mrs. Pribetic, Miramar, FL
More Than Our REALTOR - Our Friend!
"Thank you so much for being there for us in or most difficult times. I know your career as a REALTOR does not require you to do all the things you have done for us. Your more than our Realtor, you are our Friend! God Bless You, Michelle."
Todd & Tracy Owen, Pembroke Pines, FL
Our Family REALTOR!
Michelle, thank you for assisting us with our three sales. We will be contacting you soon, as my mother and sister will need your assistance. You are "Our Family REALTOR"
Gail & Lisa Wilson, Weston, FL
You're A Person I'd Recommend!
"Michelle, You're a person I'd recommend to others, so I'm inviting you to join my professional network."
Ralph Wasner, Parkland, FL
Nice to find someone as qualified as you!
"It was very nice to find someone as qualified as you to help us relocate!" Thanks!
Sincerely, Lai Sei Cheung, Atlanta GA
Great Work!
"Thanks for all of your assistance. Great work!"
Ken & Jeanne Christopher, Pembroke Pines FL
We Appreciate All of Your Hard Work!
"Michelle, Thanks for all your updates and keeping us informed. We value and appreciate all of your hard work."
William & Lorriane Pribetic, Miramar FL
Michelle, Thank You So Much!
"Don't know how we could have done it with out you. Michelle, thank you so much, for all of your guidence!"
Barbara Gray, Miami Gardens, FL
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved
