AVOID FORECLOSURE AND MUCH STRESS
July 16th, 2010
It is nearly impossible for you to turn on a television in Queen Creek, AZ, open a newspaper, or pull up the news on the internet without being blasted with news about the credit crisis, the bank crisis, the mortgage crisis or the bank crisis. With all of this attention, it is not uncommon to panic a bit. Maybe you or your neighbor or someone you love needs to avoid foreclosure. The media isn’t going to help you out though. They thrive on those scary stories about the people that couldn’t avoid foreclosure. If you are truly in need of someone that can help you avoid foreclosure, please recognize that there are options out there for you. Sitting down with a real estate professional can give you the peace of mind you need to find out which path is right for you. The ultimate step is regaining control of your life and obviously, you need to avoid foreclosure.
Clearly, one of the true challenges of a home owner in Queen Creek, Arizona that is looking to avoid foreclosure is speaking to your lender or bank. Wanting to avoid foreclosure is not an easy thing to talk about with the bank or business that has loaned you their money. However, it is important for them to know that you are having problems and would like to avoid foreclosure. If you are not comfortable with this daunting task, a real estate professional can help you out with advice on to discuss it and what you may have to do to avoid foreclosure.
One of the key reasons you need to talk to your lender about the fact that you want to avoid foreclosure, is so that they will not go to the courts and start the foreclosure process. Simply making the lender aware can help avoid this.
The rules to avoid foreclosure in the Phoenix Arizona are much the same as other areas. Many people don’t realize that there are alternatives available to help you avoid foreclosure. Even if you are in a deep whole with respect to your home mortgage, it is possible that the short sale process can help you out of that deep hole to relieve you of the stress and financial heaviness of your mortgage.
The short sale is a great way to avoid foreclosure because it creates a win-win situation for all parties involved. The lender gets more from the home than they would if the home was foreclosed on. The buyer gets out from under the mortgage. There are several experts in the process of the short sale in the Phoenix AZ area that can help you avoid foreclosure. Simply being aware that there are options available for you can make your life a much less stressful one.
Watch Kevin and Fred, Short Sale Specialists, on the Short Sale Power Hour. Video for Short Sale Specialists.
Posted in 
Fred Weaver is a founding co-owner of Group 46:10. He has been working in the financing/real estate business for over 7 years. Fred began his real estate career by working for a large wholesale bank as a processor and rate/lock specialist for home mortgages. After 2 years in the business, Fred transferred from the banking side of home loans to the mortgage side. While on the mortgage side of financing, Fred gained experience originating mortgages and processing files for Morgan Capital of Arizona, Inc.
Kevin is a founding co-owner of Group 46:10. He began working in the real estate business in 2007 after spending 8 years working in the finance industry for companies such as Bank One, Green Tree Financial, & GE Capital.