A recent study estimates 36% of Americans think walking away is a viable option when they owe more on their home than what it's worth. Clearly, few know the financial consequences of these actions. Even fewer understand the options available to them.
If someone is at the crossroads of deciding whether or not to walk away or "strategically default," they will find nothing strategic about foreclosure, especially when there are solutions to avoid it. Stop, think and research before taking this very drastic step.
If you or someone you know is facing the possibility of foreclosure in Tacoma, Washington, Pierce County you need to understand that you are not alone.
Today, 1 out of every 6 homeowners in America is behind on mortgage payments. These are tough and frustrating times. Now more than ever, it's important to identify your options. Foreclosure can be avoided, your credit can be saved, and your financial future can be salvaged.
Through my experience handling distressed properties in Tacoma, WA, I've found that homeowners today have more questions than answers about their circumstances. I have created a site to help you understand the possible solutions to foreclosure, as well as provide a detailed explanation of short sales, which may be the best course of action for some homeowners.
Sandy Wagner
RE/MAX Professionals
http://hosted.cdpe.com/sandywagnerhomes/
Comments(2)