The Florida Assn. of Realtors has announced the Face of Foreclosure Project, aimed at gathering as much meaningful information as possible on this monumental, complex problem.
"Florida Realtors are launching the 'Face of Foreclosure' website, www.floridafaceofforeclosure.com, in an effort to better define the true face of foreclosure in Florida," says 2009 FAR President Cynthia Shelton, CCIM (Certified Commercial Investment Member). "Our goal is to ask consumers - especially those who have personally experienced foreclosure - to visit the website and take a survey to help us compile this vitally needed research. We are discovering that in most cases, many victims of foreclosure believe they were never more than a loan number or a case number. They have a story to tell - a story that we all need to hear. Through this website, Florida Realtors are asking the questions that will reveal these personal experiences of foreclosure."
To assist with foreclosure prevention and promote prevention awareness, the Association recently received a $97,000 grant from the National Assn. of Realtors, so FAR purchased radio announcements, built the web site, and developed educational materials.
In conjunction with these efforts, FAR has undertaken a research project that will foster a more thorough understanding of foreclosure trends throughout the state of Florida, says John Sebree, FAR's vice president of public policy. "As part of this project, we are currently examining the past three years of Florida foreclosure data from numerous sources, which we expect will shed light on some of the reasons for disparities in foreclosure information reported in the media," he said.
FAR hopes the web site will provide factual survey data regarding foreclosure victims and their circumstances. "All of this information will provide the building blocks for strong advocacy and ultimately, good public policy as it relates to the housing market in all its facets," Sebree said. "Along with further research, this data will help us find solutions as we seek to better understand foreclosures in Florida."
If you feel you are faced with foreclosure, can't make your mortgage payments, or need to sell but feel the value of your home is less than you owe, contact me right away. You have options! Don't become a "foreclosure victim." I'm a CDPE (Certified Distressed Property Expert) and can help you.
Sherry Armstrong, Realtor
www.sherryarmstrong.com
yourkeytothebeach@gmail.com
386-679-3191
(source: RealEstateChannel)
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