Can I Avoid Foreclosure?
In Wednesday’s edition of the Wall Street Journal the paper pointed to an ominous sign on the horizon with respect to foreclosures across the United States. You can read the full article here. According to Kerry Grace the articles author, many of the larger banks voluntarily suspended some of their foreclosure processes while they awaited the bailout money. The resumption of the foreclosure process could add an extra burden to the already soft real estate market. If you find yourself in an otherwise difficult situation and foreclosure may be your final option, wait. There are some other alternatives that we can discuss before you throw in the towel that will not only protect your credit score but can make it less difficult to buy another home. If you would like an honest evaluation of your home and the net that you will receive from a sale, call Glenn Hanon at 262-567-4349 or email me at ghanon@shorewest.com. I may not be able to keep you from the foreclosure process, but we can evaluate your situation and give you the best road to travel on.
Posted By:
Glenn Hanon
