|FORECLOSURE IS NOT THE ONLY ANSWER

“Of all the things I have been through in my life, having my home in foreclosure was, for some reason, one of the most frightening. Having my agent provide a light at the end of the tunnel and get us out of foreclosure was an amazing blessing” Former Distressed Homeowner

Foreclosure is quite possibly the most devastating financial and emotional process a homeowner or family can go through. The reality is that many foreclosures should never happen and homeowners have options only they don’t know where to turn. You may not have to watch your home and keys disappear in the fog of this financial crisis.

We understand the foreclosure process that all together too many agents do not understand. We have an arsenal of foreclosure solutions available to make certain they are doing everything they can to help a distressed homeowner out of their situation.

Do we understand how too many homeowners feel? The short answer is a resounding YES!

Here’s why.

First, a recent study indicated approximately 10% of California homeowners are “upside down” with their home loans. That means that if those folks happened to lose their source of monthly income, it would be all too soon they would face this now common situation. Look out your front window. Count twelve homes (that’s what 8% is). One of those homes, statistically, is on the brink. That means if it is you . . . you are not alone. Don’t let your embarrassment stop you from seeking qualified advice.

Second, Jim and Sheryl are themselves going through this process. Several years ago, they purchased several investment properties, and financed them aggressively. Now, their underlying value has eroded and their loan is much higher than the current market value. Accepting the loss of their large down payment, they have not yet been able to find a buyer. They are in discussions with their lender to find a solution that is NOT foreclosure. So, do they understand? You ‘betcha! And it hurts and it is embarrassing. But their lesson is this … help others now!


If you know of someone who is falling behind on mortgage payments,
show them an article we recently published. Click here.

Homeowners who are in the pre-foreclosure process need to speak with us as quickly as possible. For many homeowners foreclosure is not the only option; however, most do not get the opportunity to explore alternative solutions. We have earned the Certified Distressed Property Expert (CDPE) designation. Accordingly, homeowners ensure they are working with real estate professionals who are equipped to handle their specific needs.

Call us today …562-867-6638. Email us today … mikesellinghomes@aol.com