To see original blog visit www.conradventi.com - Foreclosure is a definite buzz word (of many) for 2008. Foreclosures are devastating for some and can create opportunities for others. The default rate on mortgages that has caused so many problems for our financial and real estate markets affects more than just those involved in the industry. Those who have reached the point where they can no longer afford their mortgage payment have obviously gone through a substantial financial burden. Regardless of whether the driving factor was a life change, loss of job, or poor financial consulting, a foreclosure is a devastating experience.
We are fortunate live in the Willamette Valley where the foreclosure rate is significantly lower than the national average. However, I understand that those facing foreclosure could care less about the "national average". With at least 7 years of bad credit history following a foreclosure, the best option is to find a solution prior to having your house sold at an auction.
My mission to help my clients build a strong financial foundation goes beyond real estate financing. In the area of foreclosures, education is important. Knowing what to do if you are facing foreclosure can help save your financial foundation. Real estate investors play a key part in the assistance for those who are in foreclosure. A great local resource in area of foreclosures is LMC Properties.
LMC Properties is a sister company of Landmark Mortgage. Our goal with LMC Properties is to create real estate solutions for those in need. We offer free guidance to those facing foreclosure and those looking to invest in real estate. If you are interested in learning more about LMC Properties visit the online network at www.foreclosuresinsalem.com. You can also email lmcproperties@gmail.com.
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