A foreclosure can be a scary experience for anyone and we are here to help
We-Buy-Houses-Atlanta-Georgia.com has a proven track record of helping homeowners who have gotten
behind on their house payments.
The first thing is not to panic. You do have several options. Some of the most common solutions to stop a
foreclosure that we can help with is to catch up your back-payments, take over payments or negotiate a short sale
with your bank
No consultation fees, no upfront fees, we simply want to help you find a solution to your foreclosure burden so
you can move on with your life.
Statistics from Homeowners Facing Foreclosure
-
1 out of every 200 homes will be foreclosed upon.
For a city like Washington, D.C., that translates to 3,000
Washingtonians losing their homes to foreclosure each year. – Mortgage Bankers Association
- Every three months, 250,000 new families enter into foreclosure.– Mortgage Bankers Association
- One child in every classroom in America is at risk of losing his/her home because their parents are unable to
pay their mortgage.– Based on information from the Mortgage Bankers Association
- A slower real estate market can translate into falling prices and home values. As a result,homeowners who opted
for adjustable rate mortgages may now find that as their mortgage rate adjusts higher, their home value is lower and
therefore refinancing is no longer an option.
- Six in 10 homeowners wish they understood the terms and details of their mortgage better. – Freddie Mac/Roper
poll of 2,031 U.S. homeowners, conducted 2005.
- More than 6 in 10 homeowners delinquent in their mortgage payments are not aware of services that mortgage
lenders can offer to individuals having trouble with their mortgage. – Freddie Mac/Roper poll of 2,031 U.S.
homeowners, conducted 2005
See, your not alone and if you would like to find out your options on how we can help prevent a foreclosure please
complete our online questionnaire so we can help
stop foreclosure.
Tipping points that put homeowners over the edge:
32% experience a job loss
25% experience a health crisis
85% have already missed one mortgage payment
50% have already missed two payments
Most have no savings, no available credit, and their extended families have limited resources.
Most have first-time loans, and most loans are less than three years old.
They may have already refinanced two or three times.
–
Homeownership Preservation Foundation data of 60,000 homeowners
Lenders and Foreclosure
Lenders and investors do not make money on foreclosures. Losses range from 20 cents to 60 cents on the dollar.
Lenders typically lose $50,000 or more on one foreclosure. – Craig Focardi, CMB, Research Director, TowerGroup’s
consumer lending division, cited by Dona Dezube, “Heroic Homeownership,” Mortgage Banking, (June 2006) p.
82.
Low- and moderate-income borrowers who enter a repayment plan are 68% less likely to lose their homes.– Dona
Dezube, “Heroic Homeownership,” Mortgage Banking, (June 2006) p. 82
We-Buy-Houses-Atlanta-Georgia.com are in your area and we can help you understand
all your options so you can best decide the method that would be best for you to stop foreclosure.
We Specialize in Helping Owners with Their Foreclosure
Headaches
;)
;)
