Despite credit-preserving options like short sales, this home depicted in the photo below was in foreclosure. It was purchased by Carney Properties recently. As with many homes in foreclosure, prior to it going to auction, most of the typical appliances and other niceties that make a house a home had been had been removed, even though it is illegal.
Foreclosure strippers gutted all kitchen appliances before leaving the home.
This picture reflects the stress, frustration and desperation that the process of losing a home can cause people. It can go on for months and months, and in the past years, people in such circumstances might feel immense helplessness, shame and anger over the impending loss of their home – especially when they’ve spent time and money making it uniquely theirs. When financial troubles start, the inner turmoil people face can become larger than the growing debt itself. However, it doesn’t necessarily have to come to this. Homeowners facing foreclosure may have other options, including short sale, when they face such a situation. They just need to gain a clear understanding of what is out there and work with a professional with the sensitivity, understanding and experience to help them through.
Carney Properties and Investment Group purchases properties through Short Sales, Auctions, Banks and private owners. REALTOR® Marzia Rivera, with Carney Realty & Associates, in association with Carney Properties, advises that the moment a person sees trouble ahead for their mortgage, they should contact a REALTOR® who specializes in Short Sale and other foreclosure alternatives. ”Every person’s circumstance has unique factors that need to be considered,” Rivera said. “It may be in the better interest for owners as well as mortgage lenders to consider loan modifications, short sales or even deed in lieu agreements.”
Coming soon, a quick video where she explains and shares a couple brief tips for people considering a short sale to avoid foreclosure.
When people are struggling to keep up with their mortgage payments, it can be one of the most stressful times of their lives. This is the time to come together to discuss your options to make the right decision for your family. There are many, many articles online that write all about the options, but this is one example of a time when it really makes a difference to talk with a real person as opposed to relying on online resources. Have someone at your side who is abundantly knowledgeable about both your individual circumstance and alternative real estate transactions. No one should go through it unrepresented or let themselves get so overwhelmed that they shut down and walk away. Too many people are unaware that a short sale could be a viable option for them, and they misunderstand the tremendous negative impact that foreclosure has on a credit score. Don’t move out until you have all the facts to make the right decisions.
You can learn more about short sale options at www.swFloridaShortSale.com.
