Homeowner Advocate

Frank Verni – Real Estate Broker, Certified Property Distressed Expert (CDPE), Short Sale & Foreclosure Resource (SFR), and Homeowner Advocate speaks out and offers solutions about the current Housing Market affecting our local community.

Over the last several years the real estate market has destroyed the Home Ownership Dreams of Millions of Americans. Many of the losses being suffered is mostly because of a lack of information by homeowners which resulted in bad choices being made. Good hardworking families today are facing the Possibility of Foreclosure in many cases through no fault of their own.

Some of these folks are in arrears of the monthly mortgage payments – having lost their jobs or working reduced hours. In the meantime, the home that was bought several years ago at $500,000 is now worth $250,000 and yet you still have to make the same monthly payments as when the house was worth much more. Currently More than 1 in 8 Homeowners in the USA are currently Upside Down or in a Distress Situation with their mortgage and Looking for Answers.

Many people are draining their bank accounts, maxing out credit cards, or taking IRA/401k withdrawals to keep up with their monthly mortgage payments. Some have been Victims of Scams by paying thousands of dollars to firms claiming they can coordinate a loan modification. In most of these cases, they are not successful and the home owner ends up spending Additional Time and Money with No Result. These situations create a significant amount of emotional stress, frustration, anger and headaches to the family.

While Property Values are continuing to Go Down it is important that the public needs to educate themselves of their options to Avoid Foreclosure. It’s very important for them to know and understand what their options are and become familiar with real estate loan terminology. It’s also important for homeowners to consult with a Tax Professional and/or an Attorney regarding tax ramifications, prior to making decisions pertaining to their homes.

I am very much committed and involved in doing this by meeting with homeowners and exploring the options that are available to them. I also conduct Free Housing Market Workshops that are held locally on a regular basis. You can sign up for the next one by clicking here.

Loan Modification programs are available for those meeting their lenders criteria under the HAMP program. In addition, many banks also have additional internal programs to assist homeowners. Unfortunately, many Do Not Qualify for a Loan Modification and approximately 60% those who do qualify result in default once again.

Many of my clients that are faced with the tough decision of losing their homes end up choosing the Short Sale Alternative. Some lenders and Government Programs offer to assist by offering the homeowner Financial Assistance in relocation costs.

Property Values are predicted to remain about the same as they are today over the next few years with the market starting to come back in 2015. Clients that choose the Short Sale alternative minimize the impact on their Credit Report and can qualify for a New Home loan usually within 2-3 years and can purchase the same or equivalent home at today’s lower prices.

It is critical that you get answers and deal with someone who is experienced and knowledgeable about the current local real estate market thus allowing you to make the right decisions for you and your family to move forward.

I have written 2 manuals dealing with loan modifications and short sales that review the information that is critical to know prior to making a decision. PLEASE CONTACT ME BY EMAIL OR CALL ME AND I WOULD BE HAPPY TO SEND YOU A COPY OF EITHER ONE.

I work along with an experienced team of Real Estate professionals with One Goal in mind: To educate and help our local community to make Informed Decisions today and Benefit Tomorrow.

The Decisions that you make today will affect you and your family for many years to come. It’s important to Have a Plan and come up with Strategies to Overcome and Survive the Current Crisis. Homeowners who are “UPSIDE DOWN” on their Homes need to “TURN IT AROUND” and Take Back Control of Their Lives and I am here to show you how.

frank-formal-2-731x1024Frank Verni
Broker / Realtor
Quest Realty
Email: realtorfrank1@gmail.com
916-719-6161
CA BRE # 01390255

Additional Info: www.RealEstateHelpbyFrank.com

 

 

 

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