Oct 21, 2009

House worth less than mortgage?

selling home when you owe more than it is worth

Are you caught in a situation where you owe more on your mortgage than your house is worth? Have you recently lost a job, been ill or faced some other hardship that now has you behind or about to fall behind on mortgage payments? Don't give up, there may be help available for you.


Call your lender immediately. It may be possible for you to make arrangements to catch up on missed house payments or even modify your existing mortgage reducing your monthly obligation.


Speak to a HUD approved housing counselor. The Government have programs in place designed to assist home owners facing foreclosure.


Talk to a short sale expert. As a Certified Distressed Property Expert, I can walk you through the process of selling your home for less than owed on the mortgage with your lender's approval.


Call me for a confidential discussion about your personal situation.


Greg Staker
407-304-0255
Watson Realty Corp.

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