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Foreclosure Filing Every 13 Seconds…

By · June 4, 2009 · Filed in Uncategorized

A foreclosure filing every 13 seconds is an astounding statistic! I just read an article in Real Estate News with these outrageous numbers. There have been 1 million new foreclosure filings across the country – all since January 2009. By the end of 2012, we are looking at a total of 9 million more foreclosure filings.

But the rest of us also pay a price, with every foreclosed home dragging down the value of the other homes in the neighborhood. Over the next three years, that means nearly $2 trillion in property values that will simply vanish, hitting tens of millions of homeowners in the wallet.

If you feel a need to help these millions of homeowners, we have partnered with Certified Financial Protection Group and are seeing incredible results for our clients. We have options for those that would like to join our loan modification team as well as for those that need a loan modification.

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Dave Hershman, a national loan officer trainer, is also partnered with Certified Financial Protection Group. We recently had Dan Pinto, another huge mortgage trainer, join our loan modification team. Our next goal is to meet with President Obama and share our plan. :) Here are some of their client testimonials:

Client Testimonials

It is possible to halt the foreclosure sale of your property, even on the date of the sale. Through agressive negotiations and the proper presentation of a Homeowners’ hardship and financial situation, a foreclosure sale can be stopped. Lenders are willing to come to a resolution for a Homeowner even at the “11th hour” as long as the circumstances and factors for a workout solution make sense.

It seems like lenders are anxious to take possesion of a property, but that is actually quite far from the truth. It is an incredibly costly burden for a lender to take possession of a property and add it to their inventory of REO (Real Estate Owned) properties.

Be sure to learn more about our loan modification team and program to help you in your time of need.
naomi
Naomi Trower
Real Estate Broker
“Creating Financially Secure Families”
@NaomiTrower

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  • http://www.kspiering.com/ Kevin Spiering

    Interesting stat from the Real Estate News, Naomi, regarding 1M foreclosure suits filed since 1/09. I RT’d this message. Do you have a cite from this source? I’d like to post this on my blog.

    Thank you, Kevin Spiering.

  • http://passivecashmentors.com Naomi Trower

    Hi Kevin,

    Thanks for stopping by our blog. Yes I have the source here. http://bit.ly/3waU8l Take care! :)