How Can You Help Your Georgia Neighbors…
Are you aware that there are options for people whose mortgages are no longer affordable? Would it surprise you to know that many of your Ellenwood and Stockbridge, GA neighbors might be facing foreclosure and NOT be aware of the choices they have to avoid it?
It’s sad but true: 27% of Americans with mortgages now owe more than their home’s current value. A recent study in Nevada (the state with the nation’s highest foreclosure rate), found that only 5% of distressed homeowners knew they had alternatives to foreclosure, AND only 3% took advantage of them. It was also found that 1 in 4 homeowners chose to “strategically default,” or allow their homes to be foreclosed upon on purpose!
…and Save Your Neighborhood?
How do you imagine your community might measure up? Recently reported in the Atlanta Journal Constitution, almost a third of homeowners in metro Atlanta and more than a quarter in Georgia were underwater in their mortgages, according to economic reporting agency, CoreLogic. Some of these “statistics” are real people in your neighborhood, your church, your community orgainzation. Maybe one of your co-workers, friends or family is now facing mortgage default.
What if you could help them break free of unaffordable mortgages without creating another bank-owned property for sale in your community or on your block?
Let Everyone Know That There Are Options. Let’s Get the Good News Out.
Clearly, too few distressed homeowners know their options and the fallout of foreclosure. If they did, they’d soon realize that there’s nothing ‘strategic’ about foreclosure or default, and that avoiding foreclosure is always the best plan to create financial stability…for themselves, AND for their neighborhoods.
Thousands of Georgians feel alone and trapped by mortgage payments they can no longer afford. The good news is that many of them are finding education on the responsible alternatives to foreclosure is helping them move toward financial stability.
Education is key. The more distressed homeowners know about solutions, the more likely they are to overcome their financial challenges. I’ve seen this firsthand.
Our team of specialists have a track record of Henry County GA short sale successes. We can help with the education part—it’s up to you to put these distressed home owners in contact me!