Avoid Foreclosure
5 Reasons to Avoid Foreclosure
1) The homeowner will always have to disclose they have had a
Foreclosure on any mortgage application.
2) Credit scores will be lowered by 300+ points affecting the
ability to get a car, apartment, credit cards, etc.
3) A foreclosure is the one credit report item that is almost
impossible to be "repaired".
WORRIED YOU COULD BE FACING FORECLOSURE?
(Robert may have a solution for you)
DON’T LET TIME
RUN OUT!
4) Military and government security clearance could be at risk with foreclosure.
5) Many employers run credit checks on prospective employees
and foreclosure is one of the top items that will put a
potential new hire in jeopardy.
THERE IS A HUGE DIFFERENCE BETWEEN LIFE AFTER FORECLOSURE AND LIFE WITHOUT FORECLOSURE!
Distressed Property Expert, Robert Sheedy, of RE/MAX First Advantage in Kennewick insists that foreclosure is not the answer to many Tri City home owners that are experiencing financial hardships.
Foreclosure, not unlike a surgical procedure, should be viewed as the recourse after everything else has been explored. It is not the first treatment choice. Many homeowners are fearful of their situations and do not realize that there are very positive steps that can be taken to avoid foreclosure.
Robert has completed certification as a Distressed Property Expert. He views his CDPE (Certified Distressed Property Expert) designation and his commitment to help financially distressed homeowners, as both a responsibility and an obligation to his profession. Robert’s focus with homeowners facing foreclosure is to give them the hope of a dignified solution to their financial crisis through current lender loan modification, loan refinancing (short or long-term) or a short sale (a lender-approved sale at less than the outstanding loan balance).
Over 85% of the clients served by CDPE real estate professionals avoid foreclosure. Alex Chafren, founder of the Distressed Property Institute, believes that homeowners surrounded by a strong CDPE real estate agent including legal and financial referrals have the greatest chance of avoiding foreclosure and at minimal financial investment to the homeowner.
Not having a clear understanding of the elements and consequences of foreclosure lead many homeowners to just give up, and there is a huge difference in life after foreclosure as opposed to life without foreclosure.
Don’t let time run out! For a confidential phone interview regarding your real estate questions, contact Robert Sheedy today. (509) 205-1657
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