Bringing the right perspective to the real estate market.

Our goal is to educate as many people as possible about what the real estate market is doing. It does not take a press release for you to see that many people are facing hard times and in some cases have no idea where to turn. We hope to give a clear perspective of the market and help people see the reality of their situation and the best way to attack it if needed.

The MYTHS of Modification!



A popular "option" of a foreclosure or short sale is called a "Loan Modification".  In a modification, the bank will agree to adjust the terms of the loan in an effort to reduce the monthly payment.  The modification process is no short process and you will have to jump through the same hoops that you would for a short sale.  It could definitely be a great option for you, you just need to make sure you CLEARLY understand the terms of the modification. 
Will you qualify?  There are certain guidelines in which you will have to be.  Be VERY cautious of a “principle forbearance” and remember that most of the time, the life of the loan is extended to 40 years.  Is this the home in which you plan on spending a very long time? 
For any questions or to learn more about the process of selling your home, feel free to contact us or visit our website at any time. Have a great day!


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