Foreclosure is NOT the Only Option

Sunday, August 19, 2012

Break Free From Unaffordable Mortgage Payments!


A recent study in Nevada (a state that holds the nation’s highest foreclosure rate), found that only 5% of distressed homeowners knew they had alternatives to foreclosure, and only 3% took advantage of them. It was also found that 1 in 4 homeowners chose to “strategically default,” or allow their homes to be foreclosed upon on purpose! 

Clearly, too few distressed homeowners know their options and the fallout of foreclosure. If they did, they’d soon realize that there’s nothing ‘strategic’ about foreclosure, and that avoiding foreclosure is always the best plan to create financial stability.

Millions of Americans feel alone and trapped by mortgage payments they can no longer afford. In fact, 1 in 3 Americans with mortgages now owe more than what their home is worth.  And across Nevada, a stunning two-thirds of all homeowners are underwater, making it the state with the highest percentage of underwater borrowers nationally. However, more and more of them are finding education on the responsible alternatives to foreclosure is helping them move toward financial stability.

Education is key. The more distressed homeowners know about solutions, the more likely they are to overcome their financial challenges. I’ve seen this firsthand.

I can help with the education part—it’s up to you to contact me!

Shanta Patton- Patton Team - Las Vegas Short Sale Specialists, 702-302-2760, www.SellingLasVegasToday.com , www.ShortSaleLasVegasToday.com , *Email Me*, Wynn Realty Group



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