Saturday, August 20, 2011

How to cope with the Stress of an Unaffordable Mortgage Payment

Whenever I look at the latest foreclosure and distressed housing statistics, the sheer number of Floridians facing the stress of losing their homes amazes me.
It really is my goal to help as many homeowners I can to either stay in their homes or relieve the burden of their mortgages. Knowing that there are so many that need my help is a driving force for me to continue doing what I do.
In fact, I just released another report that I’ve made available on my website today. As I became recently CDPE certified, It explains the CDPE designation and lists 10 options that homeowners can take advantage of to relieve the stress that comes with owing more money on their home than they can afford to pay.
The report also draws a contrast between short sales and foreclosures. 
Note that, there’s a growing trend of “strategic defaulters” who think it’s smart to let their home go into foreclosure. Strategic default is not letting it go into foreclosure, but negotiating a shortsale with your lender to create a win/win. As any one who follows this blog knows, there is nothing strategic about foreclosure; it’s one of the most long-lasting, negative financial challenges you can go through.
I’m excited about acting as a resource for more homeowners who have questions about what they should do. As always, if you know homeowners who may need my help, have them contact me immediately! Together, we can put them back on the path to financial stability.