Americans love their dogs and there's no dog a pet owner loves more than their own. But when it comes to breeds, Americans have their favorites and for the 27th straight year, the Labrador retriever
Dont Let Them Foreclose On Your Home
There are over 21,000 people in the state of Maryland that are going through foreclosure (data from Realty Trac). I often wondered why so many people are allowing the bank to take their home without even putting up a fight and one of my clients told me the answer........ "People just don't know they have other options."
She was one of them.......
She went through one of the trials life tend to throw at us which is being laid off her job. She thought it was only going to be temporary and that she would catch up on her mortgage payment next month once she got another job. But, that didn't happen. She got another job 3 months later and by that time it was a snowball effect and she end up owning over $5,400 in mortgage payments, fees, and other costs. Now, she was able to make payments on her mortgage but not the whole amount. Since she figured she would never catch up with the payments she tried to do loan modification. It got so frustrating because she had to send the paperwork multiple times (the bank kept losing the docs) and after over 6 months of trying; she got denied for loan modification and the foreclosure had started.
Her foreclosure date was 47 days away when she was referred to me. She was frantic about having to move out so soon and I told her about the option to do a short sale; she didnt think she had enough time. I was able to get the foreclosure stopped on her home and 5 months later, we closed on the short sale. Someone else bought her home and she got $10,000 in relocation assistance.
With that money, she was able to move into a new apartment and put some in her savings account.
Just imagine what could have happened if the bank foreclosed on her home. Her home was already underwater and was not worth what she paid for it.
Don't Let Them Take Your Home
For more information, contact me today 443-869-1364
Til next time,