May 12th, 2011 
chadfowler A recent study in Nevada (a state that holds the nation’s highest foreclosure rate), found that only 5% of distressed homeowners knew they had alternatives to foreclosure, and only 3% took advantage of them. It was also found that 1 in 4 homeowners chose to “strategically default,” or allow their homes to be foreclosed upon on purpose!
Too many homeowners don’t know their options in dealing with foreclosure. In most cases avoiding foreclosure is the best plan to creating financial stability in the future.
Millions of Americans feel alone and trapped by mortgage payments they can no longer afford. In fact, 27% of Americans with mortgages now owe more than what their home is worth. Geting educated on the alternatives to foreclosure can help in making sound decisions when facing foreclosure.
Education is key. The more distressed homeowners know about solutions, the more likely they are to overcome their financial challenges.
I can help with the education part – Short Sale / Foreclosure Resources
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