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Elkhart Indiana Fox 28 News Morning Show Says Foreclosure Prevention Does not Work!

By
Real Estate Broker/Owner with Friends & Neighbors Real Estate RB14036506

A Pre-foreclosure sale of your home IS Foreclosure Prevention!  In today's uncertain time in Elkhart Indiana, and beyond, that is one thing that I am certain of.  White the hosts of the Morning Show on Fox 28 News had a very nice conversation with a well known Real Estate Veteran and a very thorough Loan Officer, about the opportunities of buying a home in today's market, there was no mention as to why we have such a huge inventory..  As they stated, there has been no time in the housing market prior to NOW that both home prices and interest rates are at very low rates. But the subject of why we have such an inventory was not brought up.  Unemployment in Elkhart County alone is over 12%, jobs are hard to come by and folks are in trouble with their mortgage payments.  Adjustable rate mortgages are resetting and with loss of income or even reduction of income, the payments cannot be made. THERE IS HOPE!  Loans can be modified, for and homes can be sold, if they are priced for this market. A Pre-foreclosure sale of your home is Foreclosure Prevention!

While all REALTOR's(r) go through extensive education and MOST National Branded Franchises also train new recruits, not all REALTOR's are created equal.  Some specialize in Fine Home Sales, or Bank Owned Properties (REO's) and others are specifically interested in working only with Buyers, or Sellers or even Investors, there is a handfull educated in Pre-Foreclosures.  I am such a person.  I have taken courses in how to negotiate with your Lender a workout program.  I have experience.  I have seen sales close and Home Owners relieved of all financial responsibilities, so they can start over.  See my references here on Activerain.

Don't believe all you hear, or see or read.  Take a few minutes to contact a REALTOR(r) and see if you too can get relief.  I am Evelyn Johnston with Prudential One Realty, Associate Broker, Certified Short Sale Specialist and I can be reached at 574-304-7148.  Call me now and make an appointment for your confidential consultation.  There is HOPE!

Show All Comments
Mark Organek
And the United States of America - Mesa, AZ
It's not a game, it's your life.

Evelyn, you make a great point about how a client will need an agent that is aware of how to properly set-up and close a pre-foreclosure transaction.  The last thing a client needs to do is list their home on the market with an agent that lacks successful experience in the short sale world, have people going through their home, having to keep it clean, etc. only to not have the pressure applied to the transaction and subsequently going to foreclosure.

Jan 16, 2009 07:32 AM
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

Thanks Mark, I have seen way to many deals fall through due to ignorance of what the Mortgage Lender is looking for, or not staying on top of them...

Jan 16, 2009 01:33 PM
Regina P. Brown
MBA Broker Consultants - Carlsbad, CA
M.B.A., Broker, Instructor

Evelyn, that is great that you took a foreclosure class.  What company was that through?  The consumers need this type of info in today's market!

Join my NEW group for professionals who work from their home office at http://activerain.com/groups/virtualoffice

Regina P. Brown

Jan 16, 2009 05:15 PM
Anonymous
Anonymous

It was through Floyd Wickman, it was pretty thorough but as we all know experience is the best teacher.  I learned as much here on Activerain.

Jan 17, 2009 01:12 AM
#4
Josh David
Bridgeview Bank Mortgage - Tampa, FL
Purchase Specialist... www.joshdavid.us

Hello Evelyn, I belong to a group "Carpe Diem Partners, LLC". Carpe Diem offers a FREE negotiation service for your clients that are willing to entertain a "short sale". We market to Realtors in ALL 50 STATES and we are in the initial stages of compiling our database of Realtors for RECIPROCAL BUSINESS.

I AM LOOKING FOR AGENTS IN YOUR AREA TO REFER LISTINGS TO and I am also looking for Realtors to provide me with their short sale leads, so we can negotiate on behalf of the their clients FOR FREE. Once again this is a FREE SERVICE, there will never any upfront fees of any kind.

Carpe Diem is a buy and sell company, not buy and hold company. Carpe Diem is able to make CASH OFFERS to the bank, so we expedite the process rather effectively; this allows us to streamline the process as much as possible.

 Carpe Diem has completed over 500 successful short sale transactions, and currently holds over $37M in escrow.

The process typically takes 60-120 days from front to back. All Realtors are still entitled to their 2.5% commissions on all of their listings.

Carpe Diem has the ability to MONOPOLIZE THE INDUSTRY with a proven system that avoids the title seasoning, so Carpe Diem can resell to an end buyer without any conflict from the lender's under writers.

 This method is performed by their in house title company and is 100% legitimate. The method has been introduced to Fannie Mae & Freddie Mac and is actively in motion, the strategic model has been proofed by attorneys and escrow agents in the state of Colorado and it can be implemented in ALL 50 STATES.

If you are interested, I would love to talk to you about getting started. I simply provide you with an informational lead sheet, (email me for one, josh@josh-david.com) and  send it back w/a CMA and we will have an approval w/in 24-48 hrs.

As of next week, you will be able to track the short sale progression in its entirety online.

Peace, Love, and Happiness to a PROSPEROUS "09"

Jan 17, 2009 06:00 AM
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