Foreclosure is one resolution when a homeowner finds that they can no longer afford to make their monthly payments. But there are other possible solutions. 1) Attempt a workout with the lender. Call your lender and ask them if they can offer you a loan modification whereby your payments can be
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05/05/2009
Probably the most common causes of a homeowner finding themselves in a distressed situation with their home are: 1) Interest rates adjusting to a much higher rate and homeowner unable to make the increased monthly payment 2) Job loss, business failure or reduction in income 3) Illness or death o
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05/02/2009
Many homeowners and fellow real estate agents, are now becoming more knowledgeable about the differences between foreclosures and short sales. This is a very good thing. Basically the main difference is that a bank owned property is one in which the owner has gone through foreclosure and the ho
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05/01/2009
I am very excited about my new certification as a CDPE! I now have the ability and the know how to help people that are facing foreclosure on their homes with an even greater sense of integrity and knowledge that I possessed before. Combine that with my high sense of caring and wanting to help
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05/01/2009
