Who Falls Behind On Their Mortgage Payments?

Real Estate Agent with Keller Williams Realty Louisville East (502) 664-7827

Who Falls Behind On Their Mortgage Payments?

Good, honest, hardworking people!

  • Overwhelmed by other life events, such as health reasons or divorce.
  • Adjustable rates crushing them.
  • Vanishing equity but need to sell.
  • Business owners whose businesses got ground up in this unrelenting economy.
  • Homeowners whose jobs got eliminated.
  • Rising prices of consumer goods taking from the family budget.
  • Gasoline prices ravaging the family budget.
  • Landlords with non-paying tenants who milk the system and destroy the property.

Sellers in foreclosure should be treated with the utmost respect. Many had perfect credit before they got caught in this national foreclosure crisis.

A short sale is a dignified way to avoid foreclosure. In a short sale the lender allows the house to sell for less than owed.

Please call Dave Halpern if you are behind on payments in Louisville, KY. We have helped many avoid foreclosure.

Posted by



Dave Halpern, Realtor

The Dave Halpern Real Estate Group

Keller Williams Realty Louisville East

Website David.DavidHalpernRealtor.com

(502) 664-7827



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Comments (5)

Diana Manzato
Highland Village, TX

and we have plenty of distressed sellers...

Feb 21, 2011 12:23 AM
Kimberly A Norgard
Devlin McNiff Halstead Real Estate - East Hampton, NY

Dave, you're so right.  I know good, hard-working people in the most difficult situations.

Feb 21, 2011 12:29 AM
Dave Halpern
Keller Williams Realty Louisville East (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

Most of my short sale clients have depleted their resources and are working themselves beyond belief to stay above water.

Feb 21, 2011 01:50 PM
Tom Waite
Thomas Waite Real Estate Broker - Cypress, CA
So Cal-Apartment Bldg Investments

Dave...I guess you won't be interested in my latest blog about the Case-Shiller report that Shiller is expecting a second downturn of perhaps 15% to 25%.

If 50% of the folks who have loans now are underwater...that will take care of about HALF of the rest.

When 75% of all properties with loans on them are underwater...we'll see a "Whole New World" in real estate to quote the Disney movie...Aladdin.

You have the power to help those folks once they understand that 1) they're NOT alone and 2) it will likely take 20 years just to get back to the prices when they bought.

Although, if inflation hits hard enough...then maybe only 10 to 12 years!  It's smarter to play out and short sell, then get back in at about 2 years when their credit heals.

Thanks for subscribing to my blog   Tom

Feb 24, 2011 05:35 AM
Cindy Marchant
Keller Williams Indy NE 317-290-7775 www.marchantteam.com - Carmel, IN
"Cindy in Indy" , Realtor, Fishers Real Estate

It has been very sad to see good people lose their homes because of illness or loss of jobs; and others being able to take advantage of that situation.  Hopefully we will soon be past all of this and those who lost their homes will be able to buy again.

Cindy in INdy

Feb 25, 2011 12:43 AM

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