1:1 REALTY

Could your fears of losing your home to foreclosure lead to you down the very path you fear? According to today’s article “Overcome mental roadblocks that lead to foreclosure” by Daily Real Estate News, that’s exactly what happens more often than you might think. Being paralyzed into inaction, is a common reaction. As a real estate professional, I see it all the time. Clients fear they may lose their home, so they withdraw. They don’t return calls, emails, or letters. Then, at the last moment (usually when it’s too late), they impulsively reach out for help. Sometimes the urgency of their situation leads them to seek help from the wrong sources, ones they would not normally consider.

If you find yourself in a situation where your house payment is beyond your income’s ability to pay. Ask for help. HUD offers free assistance online and by telephone. You can also reach out to real estate professionals like myself for free advice and guidance. I know several people who successfully negotiated real estate loan modifactions that allowed the homeowners to keep their homes and have a loan payment that was manageable. I personally negotiated 2 loan modifacations on my residence; one for my 1st mortgage which is now fixed at 2% interest rate and a 2nd modification on my second mortgage, which is now temporarily reduced to 1% for the next two years. It look lots of tears and determination and times of wanting to give up, to get it done. But I can tell you personally, it’s worth it when you succeed. I was told no several times and kept at it. I will help you do the same, if you want help.

Click here for the full article: Overcome Mental Roadblocks That Lead to Foreclosure