In our current market, so many people, just like yourself are struggling to try to make ends meet...
1. You had an interest only loan and now your full payments are due
2. You lost your job due to the current economy
3. You put all of your savings into a home, hoping to sell, or "flip" it quickly and "got stuck" with it.
You are not alone. Foreclosure and Bankruptcy are not words anyone likes to hear, but they are becoming all too common in our area.
Help is on the way! If you owe more money than your home is worth, yet you are behind in payments, you may qualify for a short sale. I am working buyers right now, that are not only trying to help our area economy, they may be able help your family.
Depending on what your home is worth, my buyers may be able to purchase your home, through the short sale route, and then rent it back to you, allowing you to stay in your home. In the future, you would have the option of buying your home back. My buyers would offer a credit for each month you lived in the home to apply toward your down payment. If you don't qualify for a loan due to credit problems, my buyers may be able to help with financing too!
Call me for details on how this program may help keep you in the home you love, without the stress and headache of getting further and further into debt.
If this program isn't for you, I can give you suggestions that may help you decide what your next step should be.
Call today!