Showing posts with label loam modifications. Show all posts
Showing posts with label loam modifications. Show all posts

Sunday, September 16

Short sale? Foreclosure? loan Modification? Which path to chose

The question that can save a life?   Well hopefully not, but one to help get one's life back on track.

What should a person try when confronted with an over sized mortgage,  over sized payment and a shrunken salary/income?

This is a question we spend a lot of time helping home owners decide.   read more here short sales in Madison 

Here are some interesting facts about what home owners actually have done.  There are 3 years of records and I am wondering if there is a trend?

Source Keller Williams Mastermind survey. 

Foreclosure down, short sale up.   loan modifications as difficult as ever.  The more i talk to these people, the more i believe that the banks use the modification process as a way to keep you paying a bit longer.

This is not a scientific study, It is just a survey conducted for all the Short Sale superstars who have been invited to the Keller Williams national short sale mastermind. This group of Keller Williams agents represents best practice and together would sell many thousands of short sales a year.

 The best info we can obtain is from trends over time.

Here is what i read.

Short sales are growing in relation to all other forms of rescue.  



Do you know someone who needs to move, or in a financial pinch that selling might solve, yet are underwater?  
Learn more about short sales in Madison 

Search all Madison area homes for sale, free and updated

Why do we range price homes for sale?
RealEstateGuy has been a full time, full service Realtor since 1993. He is dedicated to helping people achieve their Real Estate Goals and dreams.  In order to provide more specialized service, he created a team of hand picked specialists. Guy believes in constantly learning more, so regularly attends national seminars and trainings. Guy has been a top producer, leader in his office, a president of the Wisconsin chapter of CRS, and has spoken at the State Realtor Conventions.     
Get a chuckle. Watch Real  Estate Guy video. 30 seconds