October 10th, 2010 (courtesy of cdpe)

It’s hard to miss the news in real estate today: major lenders are investigating issues in their foreclosure processes. To date, GMAC (now Ally Financial), JPMorgan Chase and Bank of America have announced foreclosure freezes to review how their companies are handling the process. While most lenders have stalled foreclosure procedures in roughly half the nation, Bank of America recently extended their freezes to all 50 states.

However, few are talking about what this means for distressed homeowners and the agents who can help them. While these major lenders evaluate their foreclosure processes, delinquent and seriously delinquent homeowners now have more time to evaluate alternatives to foreclosure. Real estate professionals, particularly CDPE-designated agents like Audry Wolff, have an opportunity to reach out to these homeowners and educate them about their options.

Not every distressed homeowner may qualify for a short sale. But solutions do exist for homeowners in need, even if it does not result in a sale. If you are facing a true hardship I want to help you salvage your financial future. 

It’s important to note that time may be short in these foreclosure freezes. GMAC was even quoted as stating their halt could extend through the end of the year, but may be as short as a few weeks. Don't delay - Take the first step to see what your options are.
  
Visit www.YourOptionsNow.com
Help for Homeowners In the Phoenix East Valley
AUDRY WOLFF, Your CDPE-certified Realtor
Phone/Text  480-244-8398  eMail: AudryW@Gmail.com