If you find yourself behind on payments because of life situations, there is no shame. Watch this video and see why you should not be embarrassed if you find yourself behind on payments. Continue Reading about Don’t be Embarrassed about Pre-Foreclosure!
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Foreclosures More than Doubled in 2023! – Realtor.com
What is a Short Sale?
What to Watch for When Buying Short Sales
Buyers pay attention to the property condition. Distressed properties are often in need of repair, so buyers should be prepared to spend money on repairs.Do your research. Before you make an offer on a distressed property, be sure to do your research and understand the risks involved. This includes learning about the property’s condition, location, history, and financing.Be patient. The buying process for a distressed property can take longer than a traditional home sale. Be patient and don’t rush into anything.Work with a real estate agent who understands distressed properties. A good agent can help you find the right property and negotiate the best price Continue Reading about What to Watch for When Buying Short Sales
Certified Distressed Property Expert
An Ohio Certified Distressed Property Expert is a real estate agent trained to help homeowners avoid foreclosure. A Certified Distressed Property Expert, or CDPE has specialized training with the complex issues confronting distressed home owners. Foreclosure avoidance options available to homeowners. Through comprehensive training and experience, CDPEs are able to provide solutions for homeowners facing hardships in today’s market, specifically short sales. Are you behind on your house payments? Are you facing Foreclosure, Pre-Foreclosure or Notices of Default from your lender? You may be surprised at the options available to you. You might not have to walk away from your home! There Continue Reading about Certified Distressed Property Expert
Avoid Home Foreclosure in Ohio
Finding help to Avoid Foreclosure in Ohio may seem like a challenge. Some say they feel lost or hopeless but there is local, professional help available, call 330-573-1541. There are solutions but time is of the essence, you must take action quickly. The sooner you act, the more options you have. As a homeowner, make sure to avoid any companies offering “foreclosure rescue” that want upfront money to help. Paying for consultation and assistance is unnecessary, even when behind on payments. This is a growing problem so stay alert and know the experience, reputation & referrals of the real estate professional you are working with. Real help is free, don’t fall for scammers’ promises Continue Reading about Avoid Home Foreclosure in Ohio
2022 Mortgage Borrowers Underwater
Sudden and shocking numbers out of a recent report by Black Knight showing that there is a large upswing in recently acquired mortgages that are already underwater. "More than 25% of 2022 FHA/VA purchase mortgage holders have now dipped into negative equity, with 80% having less than 10% equity." Quite often there’s not enough equity in their home to sell if a job or income loss arises and the homeowners need a quick sale. These loans are a victim of an overaccelerating hot seller’s market followed by a swift mortgage rate increase. This year in the U.S., mortgage rates rose higher and faster than any other time in U.S. history. Those rising mortgage rates have cooled the purchase frenzy Continue Reading about 2022 Mortgage Borrowers Underwater
Ohio Certified Distressed Property Expert
What is an Ohio CDPE? An Ohio Certified Distressed Property Expert is a real estate agent trained to help homeowners avoid foreclosure. A Certified Distressed Property Expert, or CDPE has specialized training with the complex issues confronting distressed home owners. Foreclosure avoidance options available to homeowners. Through comprehensive training and experience, CDPEs are able to provide solutions for homeowners facing hardships in today’s market, specifically short sales. Are you behind on your house payments? Are you facing Foreclosure, Pre-Foreclosure or Notices of Default from your lender? You may be surprised at the options available to you. You might not have to walk away Continue Reading about Ohio Certified Distressed Property Expert
