A Winter Park Florida Certified Distressed Property Expert is a real estate agent trained to help homeowners avoid foreclosure. A Certified Distressed Property Expert, or CDPE has specialized training with the complex issues confronting distressed home owners. Foreclosure avoidance options available to homeowners. Through comprehensive training and experience, CDPEs are able to provide solutions for homeowners facing hardships in today’s market, specifically short sales. Are you behind on your house payments? Are you facing Foreclosure, Pre-Foreclosure or Notices of Default from your lender? You may be surprised at the options available to you. You might not have to walk away from your Continue Reading about Winter Park Florida Certified Distressed Property Expert
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“Navigating Distressed Properties: Understanding the Legal Landscape”
Central Florida, September 2023 – As a real estate professional, I aim to equip homeowners like you with the knowledge to make informed decisions about your property investments. Today, I delve into a topic that carries significant weight in the real estate realm: the legal implications of distressed properties. Whether facing financial challenges or seeking to enhance your understanding, this blog post sheds light on crucial aspects that every homeowner should know. Foreclosure Laws: Safeguarding Your Interests Distressed properties, often synonymous with financial difficulties, can trigger the intricate foreclosure process. Foreclosure laws vary from state to state, and having a clear Continue Reading about “Navigating Distressed Properties: Understanding the Legal Landscape”
“Avoiding Foreclosure Scams: Protecting Distressed Homeowners in the 2023 Real Estate Market”
Central Florida, – August 2023 – As a homeowner who has experienced the distress and fear of facing foreclosure, I understand the overwhelming emotions that accompany such a situation. In the ever-evolving 2023 real estate market, the risk of falling victim to foreclosure scams is more prevalent than ever. As I navigated through this challenging period, I discovered essential steps to safeguard myself and my property from unscrupulous individuals seeking to exploit vulnerable homeowners. Today, I am compelled to share my insights and raise awareness to protect fellow distressed homeowners from becoming victims of fraud. The first line of defense against foreclosure scams is education. Continue Reading about “Avoiding Foreclosure Scams: Protecting Distressed Homeowners in the 2023 Real Estate Market”
Separate the Myth from the Reality!
Central Florida – December 2022. It used to be that if you were facing foreclosure, it was challenging to find information about what to do. Today, distressed homeowners have the exact opposite problem. Information is everywhere, but it can be almost impossible, to tell the truth from fiction. But there is one fact that you can take to the bank: You have options. As a Certified Distressed Property Expert® (or CDPE), I make it my mission to help you separate the myth from the reality about your options. Understanding your options and acting can help relieve the burden of your mortgage. I’ve created a report that outlines some of these options. It’s entitled “Foreclosure Alternatives Under Continue Reading about Separate the Myth from the Reality!
When was the last time you reevaluated your equity?
Central Florida - January 2023 - Do you know how much equity you have in your home today? While people check other investments regularly, such as stocks and retirement accounts, most do not reassess the value of their most significant investment—their home—nearly as frequently. However, as with other investments, it is vital to regularly check how much equity you have in your home to know where you stand. Over the last two years, the housing market has rebounded significantly, and with-it home prices rose faster and more dramatically than anyone predicted. As home prices continue to rise, more and more homeowners are regaining equity in their homes. Last year, more than three million Continue Reading about When was the last time you reevaluated your equity?
Equity Gain Doesn’t Always Happen for Everybody!
Central Florida - February 2023. The last couple of years dramatically changed the U.S. real estate market. Beginning in 2020, home prices increased dramatically, increasing monthly and often by double-digit percentages! From Q3 of 2012 to Q3 of 2020 (ten years), we saw the median home price go from $248,800 to $335,500. This was an average of 3.9% in annual appreciation. BUT from Q3 of 2020 to Q3 of 2022, home prices went from $335,000 to $454,900. Yes! We have seen an average of 16.5% annual appreciation in the past two years. Huge appreciation and potential equity gain! While millions of homeowners have built significant equity, millions more recently purchased or recently refinanced Continue Reading about Equity Gain Doesn’t Always Happen for Everybody!
Real Estate Agent Highlights Benefits & Risk of Forbearance for Homeowners!
Central Florida - March 2023 – During the COVID-19 pandemic, many individuals, families, and homeowners across the country have turned to forbearance to manage their mortgage payments during these difficult times. While forbearance can provide much-needed relief, homeowners must understand the benefits and risks. As a trusted real estate agent in the Central Florida area, I wanted to provide some insights into what forbearance is, how it can benefit homeowners, and what potential risks they should be aware of. Forbearance is an agreement between a homeowner and their mortgage lender to suspend or reduce their monthly mortgage payments temporarily. This can be a helpful option for Continue Reading about Real Estate Agent Highlights Benefits & Risk of Forbearance for Homeowners!
How Rising Interest Rates Affect Distressed Homeowners!
Central Florida – April 2023 – As interest rates continue to climb, many distressed homeowners feel the financial strain. Higher interest rates mean higher borrowing costs, which can lead to difficulty in making mortgage payments and even foreclosure. In this blog post, we'll explore how rising interest rates affect distressed homeowners and how they can manage their finances. The Impact of Rising Interest Rates on Distressed Homeowners For homeowners with adjustable-rate mortgages (ARMs), rising interest rates can significantly increase their monthly payments. ARMs typically have lower initial interest rates that adjust over time based on market conditions. When interest rates rise, the Continue Reading about How Rising Interest Rates Affect Distressed Homeowners!
