Real estate investing used to be so easy....fix and flip. Now, with all the foreclosures on the market, and so many people in trouble, the fix and flippers are not doing so well. But there are many people in need of help to get them out of foreclosure, or if it's too late for that, to at least help them minimize their credit damage. So many people are unaware of the loan modifications, and there have been scammers out there just taking people's money that it has given this part of the real estate industry a very difficult time in getting things done to help people. Loan mods can be the answer for many people in trouble, but they don't know where to go for help. If you know someone, have them contact me....I have someone who is honest, and can help.
The short sale market is booming, but again, you have many investors out there who are really being agressive, to the point of being obnoxious, or fogetting that in dealing with folks who are losing their home, some compassion is necessary....and deserved. After all, many people who are facing foreclosure did not put themselves in this position knowingly....they didn't know they would lose their job, or that they would have a medical issue come up that strapped them for cash. Yes, there are those who did the subprime loans that had no business doing it, but they still need help in getting out of foreclosure, or at least limiting their credit hits. If you know someone who needs this help, let me know....
Thursday, August 27, 2009
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