I want to tell you how excited I am to have Eric Hogue back doing what he does best and how honored I was to be asked by Eric personally to bring the Real Estate Minute back to his show!
In speaking with Eric this morning, he confirmed that one of the hottest political issues as we enter into this President Election year is the economy and the housing crises. Eric and I would like to work together to bring you information in the Real Estate Minute and this blog to address issues and concerns, answer your questions and hopefully guide you to real solutions.
We will be thoroughly discussing what to do if you are one of the many who find yourselves in a pickle with your home value vs. loan balance and loan payment. So, if you’re one of the 7% of homeowners who fall in this category, what do you do? Do you feel overwhelmed? Are you considering just walking away, or do you want to explore your options? We will explore short sales and what their benefits might be. We will discuss the truth about foreclosure as an option and the ugly secret the banks do not want you to know that can rear it’s ugly head again down the road. We will offer you help in negotiating with your lender to work with you to stay in your home. And we will also discuss the consideration of bankruptcy as a solution to your loan and housing woes. Now keep in mind that I am not an attorney or an accountant so I will not be giving you such advice. However, I will be pointing out all the options that I know of and offering you the resources to get sound advice from experts, not well-meaning friends or co-workers around the water cooler.
And then, we will explore the silver lining this dark cloud has. For some of our listeners, we will be discussing if this is the right time to sell. While most of the press has been devoted to the “mortgage meltdown” a market like this often times offers the perfect opportunity for the move up buyer and the investor looking to add more real estate to their investment portfolio. We will explore some of the unbelievable opportunities out there for consideration!
But, what we really want is to hear from you and your input as to what you would like us to cover in the weeks and months to come. So take a minute to give us some feed back.
And, as always, if you’re looking for an agent who cares as much about you and your money as you do, give me a call at 973-4532. Let me put my 39 years of experience to work for you and prove, Experience is not expensive, it is priceless!