Henry County Short Sale Help - Neighbor to Neighbor

By
Real Estate Agent with Solid Source Realty GA 320764

When could minding your own business hurt your friends and neighbors more than it helps them? It's when they are in trouble and you have knowledge that could serve them. If your Henry County community has not yet regained all of it's lost equity, perhaps you should share this information with a neighbor or friend:

How Can You Help Your Georgia Neighbors…

...and save them from the heartbreak of foreclosure?

Do you have a friend or neighbor who needs to move but thinks they can't because their current property has not yet regained the full value that they paid for it? That neighbor might be thinking their only option is to rent the property out. But sadly, renters don't always care for the property or practice the same regard the neighborhood as owners do.

Expert Georgia short sale advice could help a neighbor out.

What if you could help? Are you aware that there are options for people whose mortgages are no longer affordable, even if they are upside down? Would it surprise you to know that many of your Ellenwood, Stockbridge, Jonesboro, Spivey Estates, Hampton and McDonough GA neighbors might be upside-down in their house value and facing the prospect of either renting out the property or walking away?  

It’s sad but true: Many Georgians with mortgages still owe more on their homes than the property’s current value.  Yet only about 5% of distressed homeowners know that they had alternatives to foreclosure, AND only 3% generally take advantage of them. It's also been found that 1 in 4 underwater homeowners will choose to “strategically default,” or allow their homes to be foreclosed upon on purpose, because they don't see any other way out!

Spread the Word About SHORT SALE and Save Your Neighborhood from Foreclosure Sale Syndrome.

Yes, foreclosures still happen. And they still bring down the overall property value of a neighborhood. How do you imagine your community might measure up? Recently reported in the Atlanta Journal Constitution, almost a third of homeowners in some areas of south metro Atlanta and more than a quarter in Georgia are still underwater in their mortgages, according to economic reporting agency, CoreLogic.  Some of these “statistics” are real people in your neighborhood, your church, your community organization.  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.

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. 

Short sales still save families in Georgia every day.

Can YOU Help Get the Good News Out? 

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.

Having the right information is key. The more distressed homeowners know about solutions, the more likely they are to overcome their financial challenges. I’ve seen this firsthand.

Be a great neighbor. 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 with the expert advice freely available at BestAtlantaShortSales.com right away!

If you are looking to buy or sell a home in Georgia, the Best Atlanta team and our vast network of Georgia associates can help you get the job done with maximum results and minimum stress.Contact us today.

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Rainmaker
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Pat Starnes-Front Gate Realty
Front Gate Real Estate - Brandon, MS
601-991-2900 Office; 601-278-4513 Cell

I have no doubt you are the right person to call if facing foreclosure in Henry County Georgia. Regarding someone's credit standing, can you explain the difference between how a short sale vs foreclosure affects them, maybe in another FAQ?

Jun 08, 2017 02:32 PM #1
Rainmaker
515,989
Elva Branson-Lee
Solid Source Realty GA - Atlanta, GA
CDPE - Atlanta Real Estate & Short Sale Agent

Thanks, Pat Starnes . That full post is coming soon. Briefly, though, either action may affect a person's credit to some degree. In most cases, a short sale will have less negative impact than a foreclosure, depending greatly on whether or not the seller was in arrears on mortgage and other payments, and for how long. Also, a short sale is reported to credit agencies as a settled account. 

Jun 10, 2017 04:13 AM #2
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Rainmaker
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Elva Branson-Lee

CDPE - Atlanta Real Estate & Short Sale Agent
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