In these uncertain economic times there are forces beyond our control. No one can forsee the countless hardships that can turn home ownership from a pleasure to a nightmare. The loss of employment, pay cut, less hours, medical bills, or a change in interest rates that hike your monthly payments can place home ownership in peril, making the mortgage payment unaffordable. Ignoring our obligations will not make them go away. It will only limit your opportunities for an alternative resolution. If you need help, there are alternatives that may help, you may not be familiar with them. Some of the options are a “short sale” or loan modification thru your lender. In an approved short sale, the lender agrees to accept less than is owed for the property, and the homeowner is relieved of the debt. A lender may be willing to allow this option as it will relieve the lender of a debt it can not collect. This will limit the lenders exposure and the expense involved in executing a foreclosure. Typically, a "short sale" will have less impact to the homeowner’s credit than a foreclosure. If you would like more information on exploring the possibility of a short sale & avoiding foreclosure. Please complete the form below. I will be back to you shortly.