Thursday, November 01, 2007

Foreclosures up over 100%, what this means to you

According to RealtyTrac, foreclosures are up 100.1% over the period of July to September of last year. So what does this mean to you? You may find yourself in one of several positions:

1. You own your home, have a great mortgage, with no desire to move. You are safe - Congratulations!

2. You may be one of the many people who are struggling to keep their home. You may owe more than your home is worth, due to the decline in the market, and if so, you still have options, but you may not like them. Some people are being forced to move in the most extreme situations, but there are also companies that will help you get back on track by making you loans against your equity, or helping you negotiate a workout with your current lender. If this is you, time is critical and you need to act now. Don't ignore the problem it wont go away on it's own. If you want to speak with a foreclosure consultant, visit this page and fill out the form: http://www.atozlender.com/stop-foreclosure.cfm.

3. Maybe you are looking to buy a home. This may be a good time to pick up a deal. My advice is don't pay full price, as the market certainly isn't headed up anytime soon. If you need to find a qualified real estate agent to help you, visit our real estate center. You can also check out our foreclosure real estate division to find out how to purchase deeply discounted bank owned properties.

4. Perhaps you are a real estate investor. If you are a veteran investor, then you are enjoying the market. If you want to connect with us to help our clients seeking buyouts, then contact us.

5. Perhaps you are a real estate agent struggling to keep your business afloat. We have several people contacting us DAILY for assistance with buying and selling homes. Contact us to join our real estate agent network, so we can help you learn how to make the best of this market.

6. Maybe you can't find financing due to the demise of so many mortgage lenders. With over a decade of experience, we have lots of connections and offer a wide range of mortgage lending products. If you are struggling with your credit scores being low, this book may be of assistance to you. The Bankruptcy Mortgage Book was written to help people that have had a bankruptcy or other credit challenge. Whether you have had a bankruptcy or not, you can benefit from the advice in this book and use it to improve your credit scores and increase your changes of getting your loan approved.

I know that was long, but I am sure you found yourself in one of those categories. If I missed someone, please contact me and let me know how I can help you.

Until next time...

Anthony

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