Real Estate, Rancho San Diego, El Cajon, Jamul, Alpine, La Mesa, Spring Valley, home buying and selling, property search, market reports and information
Thursday, August 21, 2008
You Have Options To Foreclosure
With all the doom and gloom in the news it is no wonder that homeowners who are struggling to keep their home, feel there is no help. Many people are faced with higher mortgage payments, inflation and or course who can forget the crazy price of gas. All of these things are putting a real strain on many families. When the strain becomes too much many simply walk away from their home and let it get foreclosed on. This is so sad because there are other options available to consider. Maybe you can renegotiate the loan with the current lender, get a forbearance loan, bankruptcy, a deed in lieu, or sell the home short. Of course there are pros and cons to all of the options but at least there are options. If you know of someone who is struggling and needs some help let them know they have options. If you would like more information regarding any of the options please give me a call to arrange a time to discuss.
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