Most of us grew up thinking that if we planned well and played by the rules, we’d never have to stand by and watch as our financial lives unraveled.
But the upheaval on Wall Street, unacceptable rates of unemployment and plummeting real estate values have taken their toll. Since 2007, 7.9 million homeowners have lost their homes to foreclosure. Current estimates are that one in four homeowners owe more on their mortgages than they could get from the sale of their home. Millions more homes will be lost to foreclosure before this real estate crisis runs its course.
The sad fact is that foreclosure is not an isolated event. For months leading up to the loss of a home, financially strapped homeowners live under a cloud of uncertainty. And then for many years afterward, the blow to credit gets in the way of buying another home or buying anything on credit. Foreclosure even complicates employment prospects.
The impact of foreclosure is huge, and the sad fact is that it’s often avoidable.
As a real estate professional who has earned the Certified Distressed Property Expert (CDPE) designation, my mission is to provide financially strapped homeowners with options to foreclosure, ensure that they steer clear of scams, and help navigate them through the solution that best meets their needs.
Among the most important facts to keep in mind: the sooner help is sought, the better the options.
These are tough times, but more help is available than ever before. If you or someone you care about is ready to navigate away from the dark cloud of an unmanageable mortgage and realize that hope and blue skies are within reach, contact me today and let’s get started.
I am a real estate professional who has achieved the Certified Distressed Property Expert (CDPE) designation, and I am fully committed to giving homeowners the gift of a fresh start.
Emcee Arah - "the REALTOR with Architectural Dimension" – is both a Certified Distress Property Expert (CDPE) and a Certified Investor Agent Specialist (CIAS). He is uniquely equipped to assist you in navigating today's residential real estate market. Contact us onlineor by phone at (301) 452-5252. And don't forget to leave your comments onour Facebook page– we'd love to hear from you!