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Realtors Help Homeowners with Mortgage Problems

by Erna Sigurdsson, Realtor

Avoid Foreclosure In Central FloridaAs a Realtor® and a member of this community, it amazes me how many people do not want to face their troubles. Homeowners are facing foreclosure and we are finding that 7 out of 10 homeowners do nothing to try to avoid it. If homeowners would recognize their problems and seek help, most of those homeowners might be able to get a loan modification to stay in their homes and almost all of those that cannot get a loan modification can sell their home short of what they owe on it. There are so many programs out there today that have been created to help homeowners, such as the Home Affordable Modification Program (HAMP), Home Affordable Foreclosure Alternatives(HAFA), the Realtor Neighborhood Stabilization Project as well as other local and national programs. Those of us that work in these industries for a living are seeing how hard this recession is hitting people; we want to do what we can to help them. We realize that this is not a problem that is just hitting people who poorly managed their money; this is hitting people of all demographics, rich, poor, young and old. I think that homeowners are looking at their current financial situation and thinking that this is because they didn’t do something right, that they somehow failed their families and themselves, when that’s not the case at all. Homeowners who refinanced their homes during the housing bubble, when prices were at the top of the market are extremely anxious because now they are so upside down on their home that they don’t know what to do with themselves. I want to let these homeowners know that we are here to help, you can call your Realtor® and that we can help you. Those Realtors® that have put in the effort and received additional education are your best source. A Certified Distressed Property Expert (CDPE) or SFR (Short Sale and Foreclosure Resource Certified) have received additional training to help homeowners navigate through the process of getting a loan modification or selling their home as a short sale. This year alone, we are expected to surpass 1,000,000 homes in foreclosure nationwide, lenders loose about twice as much on foreclosure over a short sale and even more if it would have been a loan modification. Lenders are willing to work with homeowners to find alternatives over a foreclosure. If you or someone you know is struggling with making mortgage payments, please seek help. Foreclosures are hurting our economy, your neighborhoods property values and people’s credit and self esteem. In many cases a foreclosure affects families harder than losing a loved one.

Contact Erna and Petur Sigurdsson, Realtors at The Viking Team, Realty at 321-263-5096 for help buying or selling a home in Longwood, Lake Mary, Altamonte Springs, Sanford, Seminole and Orange County and the surrounding areas of Central Florida. To Search For Homes For Sale in Central Florida Click Here. 

VOTE NO ON AMENDMENT 4

by Petur Sigurdsson, Realtor

Citizens for Lower Taxes and a Stronger Economy (The "VOTE NO on 4" campaign) leads opposition to Amendment 4, coordinating a grassroots network of more than 30 campaign chairs and over 1900 volunteers.  The campaign's statewide board of directors is diverse, including former Florida League of Cities Chairman, Clarence Anthony, Florida Chamber of Commerce President, Mark Wilson, and Florida AFL-CIO Executive Committee member, Frank Ortis. To date, more than 280 labor, business, civic, and planning organizations oppose Amendment 4; more join the fight every day.  For more information, please visit www.Florida2010.org.

 

 

 

Contact Erna and Petur Sigurdsson, Realtors at The Viking Team, Realty at 321-263-5096 for help buying or selling a home in Longwood, Lake Mary, Altamonte Springs, Sanford, Seminole and Orange County and the surrounding areas of Central Florida. To Search For Homes For Sale in Central Florida Click Here. 

Displaying blog entries 1-2 of 2