Got Upside Down Mortgage...Get Options - Your Washington, DC Area Realtor

By
Real Estate Agent with Re/Max Allegiance
In today's economy many homeowners are hurting and are upside down in their house. Some have tried loan modifications and many have failed at that attempt. Some have clearly just walked away thinking that is/was their ONLY options. WRONG, WRONG, WRONG, WRONG, and WRONG again! In the bible it says "my people perish for lack of knowledge". Let's start out by saying foreclosure is NOT an option. Now that we have our mind made up on that. There are other options such as doing a short sale. Many have heard the horrible stories about the process but that is ONLY when done by an inexperienced agent who does not communicate effectively throughout the process and themselves don't know everything to do. When done incorrectly it can leave a bad impression of short sales being long & done wrong. However when done correctly it can save money & credit over time. I myself have on the listing side completed short sales with Bank of America, Wells Fargo, Ocwen, Wachovia, JP Chase, GMAC, Saxon, EMC, ASC, GreenTree, and the a few other smaller banks. The home owners were thrilled I saved them from foreclosure. Doing a short sale is put on your credit with the difference of the sale being put on as being "satisfied". But unlike a foreclosure that sits on your credit for ten years a short sale sits for 2 years. A short sale is a smart alternative to foreclosure. Do not just walk away because of frustrations or constant denials. As long as you have breath in your body you have a will to get something done. The saying is where there's a will, there's a way. Let me just add where there's an agent with skills (Damon The Agent) there's a way also.

Damon J. Brockenberry (Damon The Agent)

Your Washington DC Area Realtor

Servicing Washington, DC, Maryland, & Virginia

cell: 240-694-6460 e-mail: sold@damontheagent.com

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the folder to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
ActiveRain Community
Location:
District of Columbia District of Columbia County Washington Columbia Heights
Tags:
washington dc
washington dc short sales
washington dc distressed properties
washington dc real estate agents
washington dc real estate services

Comments 0 New Comment

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the tag to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the lamp to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainer
21,202

Damon J. Brockenberry

Damon The Agent (DC, MD, & VA)
Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the world to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase: