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Posts Tagged ‘foreclosure’

Helping seller’s get cash for their home and avoid foreclosure

Tuesday, December 4th, 2012

There has been some awesome people this year reaching out for help and these are people that you may not recognize needing help.  Working the short sale market here in Lexington, KY and surrounding counties we’ve been blessed and very pleased with our closing ratio.  The Lexington or Central KY market has been effected more than you realize but there is hope around the corner.  I think we’ll be dealing with short sales and foreclosures for the next 5 years as a norm.

Since the beginning of the housing crisis, millions of homeowners have found themselves pinned in by their financial circumstances and chained to a mortgage on which they owe more than their home is worth. In the past, homeowners enduring these challenges had very few options, and most would be forced to lose their home to foreclosure.

Today, however, there are more options. The government and the banks have created a multitude of programs and foreclosure alternatives that can help people in these circumstances find a dignified solution for their problems without crippling their financial future. These options include loan modifications, refinancing, or short sales.

The most amazing development in today’s market, however, is one simple fact: Banks are now willing to give cash to homeowners to sell the home they can’t afford.

Please contact me today if you or someone you know could use my help and wants the latest information about current incentives available to distressed homeowners.

Do you qualify for an incentive?

Thursday, November 1st, 2012

Get cash to sell the home you can’t afford Since the beginning of the housing crisis, millions of homeowners have found themselves pinned in by their financial circumstances and chained to a mortgage on which they owe more than their home is worth. In the past, homeowners enduring these challenges had very few options, and…Read More »

It’s a sign of the times!

Thursday, February 16th, 2012

Most of us grew up thinking that if we planned well and played by the rules, we’d never have to stand by as our financial lives unraveled. But upheaval on Wall Street, unacceptable rates of unemployment and plummeting real estate values have taken their toll.  Since 2007, 7.9 million homeowners have lost their homes to…Read More »

Foreclosure fears foster true grief

Wednesday, November 2nd, 2011

Reports of foreclosures by the millions have been in the news so much over the past few years that to some, it might seem like the new normal. Here in Lexington, Kentucky the real estate market has picked up but there are several foreclosures out there still but due to CDPE’s a lot of homeowners…Read More »

Renewed trust for tough times

Tuesday, September 13th, 2011

Does it feel like trust is one of the major casualties of the economic meltdown of 2008 – followed by the “Great Recession,” the “Jobless Recovery” and now the threat of a “Double Dip Recession?” Weren’t we assured that home values were destined to go up and up and up? There have been lots of…Read More »

Handling the Stress of an Unaffordable Mortgage Payment

Wednesday, July 27th, 2011

Handling the Stress of an Unaffordable Mortgage Payment Whenever I research the latest foreclosure and distressed property statistics around the US and in Lexington, KY, the sheer number of Americans facing the stress of losing their homes amazes me. But what really amazes me is the number of homeowners that are facing foreclosure do nothing…Read More »

Missing Mortgage Payments? YOU ARE NOT ALONE!

Monday, July 18th, 2011

  Missing Mortgage Payments? Several Lexington & Central KY Homeowners have asked me if is was to late for me to help them and I told them that It’s Not Too Late Wondering what a homeowner should expect when payments are missed? The most important thing to know is that no matter what stage of…Read More »

What is the difference between a short sale & foreclosure?

Sunday, May 22nd, 2011

Have you been asking yourself this same question What is the difference between a short sale & foreclosure?  Well, I’ve been asked this question a lot here lately and it is a legitimate question to ask.  Here is a link to show some of differences between the 2 SHORT VS. FORECLOSURE   If you are…Read More »

Foreclosure is a very personal issue but you are not alone..

Wednesday, February 23rd, 2011

The current U.S. housing market and national financial crisis has caused untold stress and heartache for many American families. Foreclosure is one of the most devastating financial challenges that a family can face and one that many times can be avoided. The options available to Lexington-area residents for foreclosure are many. Following is a brief…Read More »

Are you behind on your mortgage? Giving you help if you’re facing foreclosure

Friday, October 22nd, 2010

FOR IMMEDIATE RELEASE For more information, please contact: Jason Preece (859) 420-0184 Jason@LexKyRE.com Local Agent Provides Free Government Program Eligibility Surveys to Lexington Homeowners Facing Financial Hardships Website presents information and answers questions on homeowner eligibility with new foreclosure avoidance resource. Lexington, KY – 10/22/2010 – Local CDPE-designated agent and community advocate, Jason Preece of…Read More »