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Georgia Home Seller - Is "Strategic Default" a Viable Option for You?

By
Real Estate Agent with Solid Source Realty GA 320764

Is "Strategic Default" a Good Strategy for You?

You've proabably heard the term by now. It's making headlines in Georgia and from coast-to-coast. Underwater homeowners are increasingly considering "strategic defaults" as a possible foreclosure-avoidance option. But is this "strategy" really the best choice? Perhaps not.

Strategic or not, it is still foreclosure -- and that's almost never good for the homeowner nor their community.

Desparate circumstance may seem to call fro desparate measures. But get all the pre-foreclosure facts before you choose this route. Many are making this choice without weighng all of their options. In fact, of the millions of homeowners in distress, it is widely reported that more than 70% of homeowners proceed without seeking assistance or getting the facts about their situation.

At http://bestatlantashortsales.com/ I've prepared a FREE report to explain the consequences of strategic defaults and foreclosure-and the benefits of a short sale-when underwater on your mortgage. You will learn the advantages and disadvantages to all of your options.

I sincerely hope you'll take advantage of this information and  GET YOUR FREE COPY TODAY. And feel free to pass it along to anyone you know who is in need ofthese facts. Getting the right information is the key to getting back on track.

Please contact us any time with your questions or concerns. We are the Ellenwood and south metro Atlanta area short sales specialists. It may be that a short sale expert will be your best solution.

Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty

Strategic Default is an acronym for cowardice.  If one is an ostrich - then stick your head in the sand.  If you are a responsible individual - do a Short Sale - unless your legal and tax advisors tell you to do otherwise.

Jul 07, 2010 11:17 AM