AVOID FORECLOSURE

You have choices to avoid foreclosure. Contact your lender about your situation and explore options that are available to you. They may offer alternative payment plans, loan modifications or other options to help you stay in your home. Each situation is different. You can also seek housing counseling to avoid foreclosure. Reach out to a HUD-approved housing counselor agency for assistance and guidance. They can provide you with valuable resources and can help you understand your rights and options. 

Explore refinancing or loan modification to make monthly payments more affordable. This can entail of adjusting the terms of your loan or interest rate.You can consult an attorney if you are unsure which direction, options or legal advice. It's recommended to consult with a foreclosure attorney who can guide you through the process and help protect your rights.

SALE OF HOME

Consider the sale of home, if you are unable to afford your current monthly mortgage payment you may need to consider to sell your home. this can help you avoid foreclosure and potentially reduce the impact of your credit score. Again, this can vary depending on market value and balance owed. If your home is much less that what the market offers you may want to consider a short sale or deed in lieu. You ma y be able to negotiate a short sale with your lender. I suggest you choose a skillful realtor that understand this process. This involves of selling the property for less than what it is worth. However you can also transfer the ownership of the property to the lender through a deed of lies of foreclosure. Again each situation is unique and important to take appropriate action and time is of essence when it comes to avoiding foreclosure. 

In some cases you can use your equity to sell your home. In today housing market, many homeowners have far more equity in their home than ever thought. You can use the proceeds from sale of home to pay remaining mortgage debt. If you are a homeowner facing hardship, lean on the experts and your trusted advisor Kevin Strawter at 850 496-6412 to guide you through the process.

TRUSTED ADVISOR

As a trusted advisor, professional realtor and retired military veteran I am here to serve you in the Dr. Phillips and Central Florida housing market, whether it is the sale or purchase of a home. In the absence of trustworthy information whether its a housing crisis or local housing market, real estate decisions are increasingly driven by fear, uncertainty and doubt. We as trusted advisors drive the real estate community to ensure you are making the right decision.

Part of my job is to keep you informed and educated of the local housing market trends, pricing and inventory level, buying information on the buying and selling process to include real estate common terms and videos. It is important to keep updated on the market trends, don't get confused with the media, they talk national data, I can provide the most up to date local area data.

So don't let this shifting housing market delay your dreams, data reveals home values typically appreciate over time and that gives your net worth a nice boost. When you are looking  for a home, look for a realtor with the heart of a teacher. If you are ready to start you journey call Kevin Strawter at 850 496-6412 to begin a new walk to homeownership and all your real estate needs. Always taking referrals.