UNDERSTANDING THE BANK'S PERSPECTIVE
Why do Banks/Lenders prefer SHORT SALES over a FORECLOSURES?
FYI: Its important to understand that Banks/Lenders are better off doing a SHORT SALE than FORECLOSING on a property.
The Home Affordability Act was establishd by the Obama Administration in hopes to help 4 to 5 million homeowners who have a solid payment history on an existing mortgage owned by Fannie Mae or Freddie Mac. In addition to 3 to 4 million at-risk homeowners to help avoid foreclosure by reducing monthly mortgage payments. Although these numbers sound significant and it seems as if everyone in default can be saved by this program, the truth is that this program CANNOT help everyone. Not only is the default rate in America far beyond those staggeing numbers, but the program has specific guidelines and one MUST QUALIFY to be approved.
The good news is that "If you do not qualify for one of the Home Affordabilty Programs there still is HOPE."
Contact us today to see if you qualify for a short sale
Brought to you by:
The current US housing market and national financial crisis has caused untold stress and heartache for many American families. Foreclosure is one of the most devastating financial challenges that a family can face and one that many times can be avoided. The options for foreclosure are many; our FREE Report of the Month is designed to help educate you in areas in which you may be less familiar, to enable you to AVOID FORECLOSURE!
"Options And Solutions For Homeowners In Foreclosure"
Brought to you by:
Below you will find the most up-to-date real estate figures for Broward County as a whole, the City of Miramar and the City of Pembroke pines.
It is stagering and heart breaking to see the that the number of foreclosures are on the rise. It's is mostly heartfelt to see that it is happening at home to my fellow neighbors and community.
The real estate industry has the ability to help these families avoid foreclosure and regain stability in their lives. Most families in distress are not aware that they have options and think foreclosure in inevitable once they get behind on mortgage payments.
As a CDPE I have the expertise needed to assist families in distress; I can help 9 out of 10 families avoid foreclosure.
|
Real Estate For Sale |
Single FamilyHomes |
Condos Town Homes |
# Of For Sales Short Sales |
# Of For Sales REO's |
Total % Foreclosures |
|
Broward County |
13,898 |
19,413 |
10,492 |
2,325 |
38% |
|
Miramar |
1,148 |
743 |
1,028 |
189 |
64% |
|
Pembroke Pines |
898 |
1,148 |
822 |
142 |
47% |
If you or someone you know are having difficulty making monthly mortgage payments due to financial difficulties created by...
Unemployment, Reduced Income, Divorce, Separation, Excessive Debts, Medical Bills, Death of Spouse, Payment Increase, Illness, Job Relocation, Business Failure, Incarceration, Military Service, or Damage to Property.
The City of Miramar is hosting the Grand Opening of Ansin Sports Complex. The complex is conveniently located at 10801 Miramar Blvd, just east of Hiatus Road. Bring your entire family and come join us on Saturday, February 14, beginning at 11 a.m
We now have our very own state-of-the-art track with the ability to host national and international competition. The Super X Mondo track surface is identical to the 2008 Olympic track surface in Beijing.
You and your family will enjoy the basketball, netball courts with lights and a cricket practice area. A 5,000 square foot all-inclusive playground. In addition to the outdoor amenities. In door activities include a computer lab, recreation room, game room, men's and women's locker room, concession stand, offices and a 2nd floor press area that over-looks the track.
Bring yor family and friends to join us on this fun filled day. For more information please call 954-602-3175.
Want to know the Secret?
In reality, the answer is not a secret, but more the skill that it takes to sell a home in today's market. Michelle is one of the very few agents who has the necessary skills required in order to achieve sales success.
Michelle has developed exceptional sales abilities and knowledge over the last 8 years that very few other agents can offer you.
Even today, she is still achieving outstanding sales results, many times selling homes at or near full price and in a relatively short time.
Hundreds buyers and sellers have put Michelle's sales abilities to the test and have achieved successful results. There is no obligation to talk to Michelle. Call 954-874-2515 or visit www.RealEstateWish.com or www.MichelleCanHelp.com for more information on her services.

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
© 2009 ActiveRain Corp. All Rights Reserved