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Last week, I was visiting my sister and a very close family friend lives across the street from her. I have known this family since I was born – in fact, our parents and grandparents were close friends!   The grandchildren live in the home now – but they just lost it to foreclosure.  It was heartbreaking.

The sheriff came just a few days before and they had all their dogs (3) and belongings in the driveway, ready for the moving truck.  When I approached them to chat it was then I found out what was happening.  I asked why they didn’t seek me out for help before it got to this point, and their answer was, “We didn’t know you were an agent.”

I never want that to happen again.  Even though they had received plenty of solicitation from other agents who found them on the default list, they didn’t feel comfortable using them and chose to do nothing.   The bad thing is, they probably had some equity and could have sold the home quickly as a traditional sale in this market.  Selling on your own terms is definitely a better choice that having to move abruptly and losing the home to foreclosure.

If you, or someone you know, owe more on your property than what it is worth and don’t know what to do, contact me to learn your options!  You can email or call, heck send a carrier pigeon.   Just don’t sit there and do nothing thinking it will go away, because it won’t.   If we can’t find a way to keep you in the home, great.  If not, then a short sale is a far better option than losing it.

The banks are willing to accept less than what is owed on a property these days, and will even give the borrower/tenants funds to assist them in leaving with dignity and obtaining a fresh start.

To find out more – please visit my short sale information page.