Eight Options for Homeowners Facing Foreclosure
By Desert Dog on Jul 11, 2009 with Comments 0
I 
just posted an article on ArticleBase.com titled “Eight Options for Homeowners Facing Foreclosure.” To read it just CLICK HERE.
Whether you are facing foreclosure or are an investor or Realtor working with homeowners in distress, you may find the article useful. The article briefly discusses:
- Making the loan current
- Borrowing money to make the loan current
- Forbearance or Loan Modification
- Refinancing
- Bankruptcy
- Traditional Sales (Realtor, FSBO, & Auction)
- Non-Traditional Sales (Investor sales)
- Short Sales
Often it is easier to use someone else’s work to validate what you are telling the homeowner. They will see it as a second opinion. So feel free to use it. My approach has always been to walk them through all of the options until they come to the conclusion that they need to sell. I have a more detailed report on the same subject if you need it.
Remember, this is a great time to invest in the Tucson real estate market! Keep plugging away and don’t hesitate to call me if you have any questions.
© 2009, The Desert Dog Journal. All rights reserved.
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Filed Under: Investing • Real Estate • Sellers
