You did your best to avoid the predicament, but there’s no denying it: you’re facing foreclosure. Though no one ever plans on getting into this situation, it’s not an uncommon challenge for homeowners today.
Findings indicate that there were 424,800 foreclosure filings on U.S. properties through the first half of 2017. And though that’s a 20 percent decrease from the prior year, some areas actually saw growth in foreclosure rates. In fact, in one report, 28 of the 217 metropolitan areas surveyed saw increased rates.
Even though the problem is decreasing on a national scale, there are still many homeowners facing this difficult scenario. That’s why it’s always a good idea for homeowners to maintain an understanding of the foreclosure market and what alternatives are available in case they find themselves in a tight spot.
Short sales have become a popular solution for homeowners looking to exit their property gracefully and protect their credit as much as possible.
I have a report entitled “4 Things You Should Know About Short Sales in 2018” that explains key details about the short sales process. This report is designed to help you understand one of the most effective foreclosure alternatives you can use if you’re facing this challenging situation in 2018.
You can download the report from my website: http://hosted.cdpe.com/103530. As a Certified Distressed Property Expert® (CDPE), I make it my business to know all of the ins-and-outs of the options that are available for people who are in danger of losing their homes and to help them separate myth from reality. Contact me today for a free, confidential consultation!