As a homeowner, I understand how difficult it can be to navigate financial hardships. Due to job loss, medical expenses, or other unforeseen financial burdens, missing mortgage payments can quickly turn your home from a security source into stress. Understanding how missed payments, forbearance plans, and deferred maintenance can significantly reduce the equity in your home is crucial to making informed decisions about your financial future. In this blog post, I'll explain these impacts and offer practical steps you can take to protect your home equity. What is Home Equity? Home equity is the portion of your home's value that you own. It's calculated by subtracting the outstanding balance on Continue Reading about Time: The Enemy of Equity for Distressed Homeowners
Tips
Selling a Distressed Property in 2023: Strategies for Homeowners!
Central Florida - May 2023 – The real estate market can be unpredictable, and homeowners may find themselves in a distressed situation where they need to sell their property quickly. In 2023, the distressed property market is expected to continue its current trend, with rising interest rates and lower home prices making it harder for some homeowners to keep up with their mortgage payments. As a Certified Distressed Property Expert in Central Florida, I’m trained in helping homeowners understand their options regarding distressed properties and strategies to help them. First, it's important to understand what makes a property distressed. Generally, a distressed property is one where the Continue Reading about Selling a Distressed Property in 2023: Strategies for Homeowners!
“The Role of Real Estate Investors in the 2023 Distressed Market: What Homeowners Should Know”
Central Florida - June 2023 – Real estate investors play a crucial role in the distressed market. They are often the ones who purchase distressed properties and rehabilitate them for resale or rental income. There are different types of real estate investors, including individual investors, institutional investors, and real estate investment trusts (REITs). Each investor type has a different approach to investing in the distressed market. As a Certified Distressed Property Expert in Central Florida, I'm trained in helping homeowners understand their options regarding distressed properties and strategies to help them. Individual investors typically purchase distressed properties to Continue Reading about “The Role of Real Estate Investors in the 2023 Distressed Market: What Homeowners Should Know”
“Renting vs. Selling: Weighing the Pros and Cons for Distressed Homeowners”
Central Florida, July 2023 – As a licensed real estate agent, I have encountered numerous distressed homeowners who face the difficult decision of whether to rent or sell their property. Financial challenges can put homeowners in a tough spot, and it's essential to carefully weigh the pros and cons before making such a significant decision. In this blog post, I'll explore the advantages and drawbacks of renting and selling, offering valuable insights to help distressed homeowners navigate their options. As a Certified Distressed Property Expert in Central Florida, I'm trained in helping homeowners understand their options regarding distressed properties and strategies to help them. Renting Continue Reading about “Renting vs. Selling: Weighing the Pros and Cons for Distressed Homeowners”
Certified Distressed Property Expert
A Central 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 in the complex issues confronting distressed homeowners. Foreclosure avoidance options are 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 Certified Distressed Property Expert
Separate the Myth from the Reality
It used to be that if you were facing foreclosure, it was difficult to find information about what to do. Today, distressed homeowners have the exact opposite problem. There is information 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) located in Central Florida, I make it my mission to help you separate the myth from the reality about the options that are available to you. Understanding your options and acting can help relieve the burden of your mortgage. Continue Reading about Separate the Myth from the Reality
