HOW TO AVOID LOOSING YOUR HOME
Today's market is seeing an abundance of Home Owners
loosing their Homes through
*Deed in Lue of
What exactly do all of these terms mean and how can they be avoided?
Let us start at the begining.
One day you decide you want to have the AMERICAN DREAM
an own a home. Nothing wrong with that.
You find a Realtor, you start the search, you find what you want then you go see a Mortgage Broker or Banker.
You sit, chat, do a CREDIT REPORT, hear a lot of words, they all sound ok (although through all your excitement your not really hearing what is said) you sign the papers, have your offer on the home accepted, go to the closing, sign more papers and BOOM - YOU NOW OWN A HOME & HAVE LIVED THE AMERICAN DREAM.
Now the excitement of the home is starting to wear off a bit and you relize you have all these bills. Where did they all come from. Your Credit cards are maxed (needed new stuff for the New Home) Your income seems to be shrinking (not really,
the bills are getting larger) Your mortgage payment is what? (your payment increased by about $500.00 a month after the first year) WE CAN'T AFFORD THIS.
This is how it all began & this is why we are all where we are!
True story - I like the rest of you always wanted the AMERICAN DREAM, a HOME, 2 Kids, & a Dog. Well in 1988 I had it all.
The nice Home, the beautiful Kids and a dog named Rambo
My bank interest was 16% (not an error - it was 16%)
(I laugh when people say 6%, that's high)
Well low & behold 4 years later I lost it all. The bank forclosed, we moved to an apartment (after the embarrasment of having our name posted in the paper 3 times)
Never knew about all the ways we could have saved this from happening. Had no knowledge of what to do, where to go who to see, nothing. We packed our bags and went on our way
wound up on welfare for a short while. Things didn't work out, we divorced, started all over and happy to say I now own my own Real Estate Business & a Home.
There is a LIGHT at the end of the tunnel, you just have to know where to look for it.
A FAMILY AFFAIR REALTY is that LIGHT.
We will help you, stand with you, negotiate for you, take the call from the banks & credit card companies for you. That is what FAMILY does for FAMILY. We will help you every way possible because we are A FAMILY AFFAIR.
DON'T WAIT TILL IT'S TOO LATE AND YOUR PHONE DOESN'T STOP RINGING.
Make the first move and call us, even the call is free
1-800-56 family (32645 leave off the y because YOUR family)
OUR PROMISE TO YOU:
If we can't help you we will find someone who can.
I never want to see anyone go through what I went through, loosing a home is like loosing a part of your life.
Ann Marie Focca