Time is Running Out: How the Mortgage Debt Relief Act can save you!

In 2007, the Mortgage Debt Relief Act was passed in an attempt to help the millions of homeowners who, due to the housing crisis and economic crash, suddenly found themselves in danger of losing their home to foreclosure.

The act has helped many distressed homeowners find solutions to avoid foreclosure and opened up options to them that were previously unavailable.

However, the Mortgage Debt Relief Act was always intended to be a temporary solution and it is now set to expire at the end of 2012. For distressed homeowners, this means that time is limited for you to take advantage of this program.

 
Time is running out. But there is still a chance to change your financial direction and avoid foreclosure.

Contact me for more information so I can help you make a dignified solution before time runs out.

Rob Sales
Prudential Southeast Coastal Properties
Associate Broker, CDPE Advance,
DPP, REO Specialist, CIAS
912-655-7674

Explanations for Housing Crisis Situations

Here you can find easy to understand explanations for real estate terminology that deals with our nation's housing crisis. Each video is only several minutes long. As a CDPE Advanced, I am here to help you find a dignified solution.

What is HAFA?

What is a short sale?

What is happens in a foreclosure?

What is a Mortgage Modification?

What is Deficiency Judgement?

Redemption Period Explained

Negative Equity Explained

Arm's Length Explained