There is the saying, if someting seems to good to be true, it might just be.  There are many scam artists out there waiting for the unsuspecting individuals...both REALTORS and homeowners.  They come in many variations:  Trainers, Loan Modification Experts, Short Sale Lead Expert, you name it.  Just remember, you are REALTORS.  Do not team up with anyone who promises the stars in the sky!  They are crooks. They are hoping that you will team up with them to ripoff homeowners.

For those homeowners who get into trouble, and many of you will, your first order of business should be to call your lender.  The Feds do have Housing Counselors to assist you, but one program called the HOPE Program has not been very productive.  Hopefully the incoming OBAMA administration will provide the impetus to stabilize the market, and eventually save the housing sector.

If I can impart one thing on homeowners, it would be that you do not sign over your home to anyone, unless you understand what's going on.  If you  are approached by a REALTOR, make sure that he/she provides you with more options than just short sale.  Short sale should be the last resort, short of foreclosure.

   

albuquerque real estate

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C. Lloyd McKenzie, MBA

7001 Prospect Place NE Suite 200
Albuquerque NM 87110

Phone: (505)750-8552
Email: Info@LloydMcKenzie.com

 
YOUR HOME SOLD IN 59 DAYS, GUARANTEED! (Certain restrictions apply.)

Areas Served: Albuquerque Metro/ Algodones/ Bernalillo/ Cedar Crest/ Corrales/ Edgewood/ Los Lunas/ Los Ranchos de Albuquerque/ Placitas/ Rio Rancho/ Sandia Park/ Tijeras

 

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C. Lloyd McKenzie, MBA - ALLSTAR REALTY -- Your Home Sold in 59 Days or Less...

Albuquerque, NM

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Empowering Buyers & Sellers in Albuquerque and Rio Rancho NM

Address: 7001 Prospect Place NE Suite 200, Albuquerque, NM, 87110

Office Phone: (505) 888-1700

Cell Phone: (505) 750-8552

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Albuquerque and Rio Rancho, New Mexico are among the most stable real estate markets in the United States. This has caught the attention of the national media. As such, it is incumbent on local Realtors to provide information about our cities for those interested in investing, relocating, or visiting. My goal with this blog is to highlight issues or topics in real estate, and where appropriate apply them to the local markets.


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