Save the Dream Of Home Ownership in Chandler

ERA recently initiated the “Save The Dream” of homeownership campaign to help homeowners who are facing possible foreclosure.  We want homeowners to know that there is help available.

                  There are now hundreds of thousands of families all across America facing foreclosure because they simply cannot afford their mortgage payments, or they owe far more than their house is currently worth. To make matters even worse, the Mortgage Bankers Association reports that approximately 50% of home owners who do lose their homes to foreclosure have never once contacted their lender.

There are several alternatives available that allow a homeowner to possibly avoid foreclosure. 

You can do a short sale on your home.  A Short Sale occurs when a mortgage lender agrees to release their interest in a property for less than the amount that is owed on the loan.  You will be required to move but you avoid foreclosure.

For homeowners whose adjustable rate mortgage has increased, there are fixed rate, government backed refinancing programs available that can help lower their payment.

Some lenders are even renegotiating the loan size for homeowners who owe more than their home is worth. 

For more information on these programs and more contact me today.  I can help you avoid foreclosure.  You can also get more information at www.hud.gov/foreclosure.

America got into this foreclosure crisis one house at a time, and we need to resolve it one house at a time.  If you or someone you know is facing foreclosure please help me “Save the Dream” for someone today.