SF East Bay Real Estate Update for Alamo and Danville
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Escape Your Unmanageable Mortgage: Getting free doesn’t have to mean running away.
Perhaps you have heard about it.
On the news, a reporter tells a story about how the housing crisis has caused some homeowners to simply walk away from their homes. It sounds crazy, but many people are being led to believe that walking away from their home is a good (or even the best!) option.
It is called Strategic Default. For distressed homeowners who believe that they have no good choices left, the idea of walking away free of consequence may sound like a relief. The reality, however, is that choosing strategic default has serious repercussions on your credit.
THERE ARE BETTER OPTIONS AVAILABLE!
As a real estate professional who has earned the Certified Distressed Property Expert (CDPE) designation, my mission is to provide financially-challenged homeowners with options to escape from unmanageable mortgages without running away.
Facing your problems head-on is always the best solution. Let me help.
Greg McDaniel
925-838-4300
| Foreclosure Activity Declines Hurting Investors |
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April 2012 Foreclosure Starts declined across our coverage area wiping out the small gains in new foreclosure filings last month. In California, Notice of Default filings are down 69.8 percent from the peak in March 2009, and 15.8 percent from April 2011. Notice of Trustee Sale Filings, the start of Arizona's foreclosure process, are down 59.4 percent from the peak in March 2009, and down 8.0 percent year-over-year. |
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Stunning custom estate on Diablo CC's 4th Fairway. Elegant kitchen with top-of-the-line SS appliances and island. Detached casita with built-in BBQ, TV and heaters. Custom cherrywood throughout downstairs office. Guest wing, bonus room, workout room, media center.
| 4 | 6 |
| 5630 | 40563691 |
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