Foreclosure on the Horizon

Real Estate Agent with Keller Williams Realty RS-64070

Have you seen this guy?


There is a very good chance that you have and don't even know it. He is on the verge of foreclosure and possibly just one bad month away from losing his home. He is not alone because in the US the total number of delinquencies is over 13%. This means that a little over 1 out of every 10 people are late on their mortgage. To break down this 13% further, 8.86% of homeowners are delinquent on their mortgage (missed a payment) and 4.3% of homeowners are in foreclosure. This is a HUGE number of homeowners who need help.

Another very mind boggling statistic is that 7 out of 10 homeowners who are in foreclosure go in blind and do not seek any advice from a real estate professional. As a Certified Distressed Property Expert (CDPE) I have been trained to help homeowners avoid foreclosure and to show them that they still have options.

Even if you owe more on your home then it is worth there are a number of things that can be done to HELP YOU! The banks do not want to foreclose on your home any more then you want to lose your home it costs them thousands of dollars and months on end to go through the foreclosure process.

If you or someone that you know is in foreclosure, on the verge of being late on your mortgage, owes more on your home then it is worth, or just wants some further information, contact me today. As a CDPE I have the knowledge and expertise to help you avoid foreclosure.


Chris M.T. Bodden (RA, CDPE)





*Statistics provided by the Distressed Property Institute.


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I was calling expired listings recently and found that a lot of them were bank owned. It seems the banks are not puttinf forth as much effort to sell them. At least in this area. I guess they are overloaded. I have a friend who is in trouble and they will not call the bank to try and work things out. I just don't get it. Why some people don't take a proactive stand on their lives. 

Smiles :)

Norma Jo

Oct 23, 2009 06:54 AM #1

Foreclosure - A very hard reality for some, but people can save themselves from a certain foreclosure with the help of a qualified Loan Modificatin attorney / firm that can provide the support the person needed.

High CD Rates


Oct 23, 2009 07:04 AM #2
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Chris M.T. Bodden

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