According to MSNBC, over 1/3 of all Adjustable Rate Mortgages (ARMS) in the U.S. are currently in default. This number is probably higher in the North Phoenix & Scottsdale market (which is market that I specialize in).
Our first goal is to direct our clients to a HUD Approved Loan Counselor, to see if their loan can be modified, allowing them to stay in their home. DO NOT pick up the phone and call one of these so-called "Loan Modification Experts". Several of these companies in Phoenix are currently being investigated by the FBI and/or the Arizona Department of Real Estate. We discuss this in detail at foreclosureuturn.com.
Recently, we decided to make a serious commitment to helping our clients in North Phoenix and Scottsdale avoid foreclosure, and it's devastating effects on their credit. Through extensive training and numerous meetings with our clients and lenders, we have distinguished ourselves as The Premier Short Sale and Foreclosure Assistance Real Estate Brokerage in the Metro Phoenix Market. We are both Certified Distressed Property Experts (CDPE'S), which is a title that currently less than 1% of the Real Estate Agents in the U.S. have.
Again, if you haven't done so already, do yourself a favor and visit our website. It is full of valuable information. Better yet, SIGN UP FOR OUR BLOG. You'll receive an email everytime we post a new report/article! Thanks for stopping by, and we look forward to talking to you soon!
Comments(4)