I just took a great class yesterday on Short Sales and Foreclosures, on the quest to get my latest designation.  It’s a new designation and I believe it will greatly improve my abilities to help Buyers and Sellers in this ever changing market.  I’ll be posting information from this class and general information more regularly, sorry for the inconsistency.

One of the main things that struck me in this class was this statistic from Freddie Mac:  More than half of delinquent borrowers didn’t know that their lenders may have alternatives to help avoid foreclosure! This got me to thinking, if more than HALF of borrowers out there that are facing difficult times didn’t know that there are options, how many foreclosures could be avoided?  I decided it’s time to do my job: educate consumers as best I can.

For those of you who are facing hardships talk to your lender!  There are many options for you! This is also a time to be wary of deals or ads to help you.  As a consumer, you should raise a very serious RED FLAG if you need to pay for services to help you negotiate with your lender.  There are so may resources available that are free of charge.  Start by visiting the site created by the Obama Administration’s Financial Stability Plan, Making Home Affordable.

Please view this video from the Making Home Affordable site:

Making Home Affordable Video on YouTube