Simply put "homeowner stress" in today's marketplace can take on a few forms:
- Slow payments (paying your mortgage, but rolling 30, 60, 90 days late or even later)
- No payments - For whatever reason - divorce, medical bills, job loss, interest rate increase you are having a difficult time making your mortgage payments at all.
- You are making timely payments and even have great credit, but you need/want to move to a bigger house, and you don't think it is a wise move as you don't have enough equity to make the down payment on a "new" home, since you have little or no equity in your current home.
Notice, I didn't include the category - "Paying your mortgage on time, and you just don't like the fact you owe more than you paid for your house 3-5 years ago." I didn't include that, as until you hit the top three you most likely would not be reading this blog!
Here is the point - You have options, and more than you might think.
If you are having trouble paying your mortgage and you simply need to lower your mortgage payments you can get help from either your mortgage company itself, or an outside quasi-governmental organization called the Hope Now Alliance www.hopenow.com, and check it out - They even have Queen Latifah singing their praises on Youtube!
Now, if you are still keeping your payments in a timely fashion, and you are have the desire/need to buy a bigger home, but are thinking that it is either foolish or impossible, then I think you should contact me, and I can help. No strings, No obligation, No cost. The fact is, you have nothing to lose, and at least the knowledge that you are doing the "BEST THING" to gain.
Blessed to Serve,
Stieg Strand, Broker & Real Estate Writer
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