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deficiency judgment: Foreclosure Activity Slows For The First Time In Several Years - 05/18/10 01:42 PM
The national foreclosure rate is finally falling.
According to foreclosure-tracking firm RealtyTrac.com, the number of foreclosure notices dropped 2 percent between April 2009 and April 2010.
Two percent may not seem like much, but it’s the first time in the history of the RealtyTrac report that the annual foreclosure rate has dropped.
To be sure, foreclosure rates remain elevated — more than 300,000 were reported last month, but default notices appear to be approaching a plateau.
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… (2 comments)

deficiency judgment: Avoiding Foreclosure - Helping Clients Keep Their Homes - 01/13/07 09:46 PM
Few things are as devastating as losing your home. Sadly, it's not always inevitable. In many cases the foreclosure could've been avoided with some outside help.
You are in a unique position to advise your clients in financial matters. If you know that a client is on the path toward foreclosure, take the time to show them how it can be avoided. First, remind them of some of the hidden difficulties that will arise if foreclosure occurs.
Finding a new home.  Don't let your clients believe that it will be better to let the foreclosure happen, because after they lose their home, they … (1 comments)

 

Ed Brophy - REALTOR® - DRE #01344385

Palm Springs, CA

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Ed Brophy, REALTOR®

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