ourhouse101

Well the good news is that the market seems to be climbing up out of its hole and there is some improvement every day. I heard that the housing market for new homes was up in March from previous months, up by 3% which is really good.

The bad news is that some people say we have not yet hit the very bottom. This train of thought says that we have not really seen the very worst of it all.

I only hope and pray that the former scenario is the more accurate one.

For now, if you are facing foreclosure there are ways the lenders are open to helping you with loan modifications and the like. Also if your lender will consider it, you could do a “short sale”. And if you have had a tragedy or a disaster, you could possibly get a “Deed in Lieu of Foreclosure” after trying for a “short sale.”

There are many other options out there right now, so ask away and we can discuss more options.

:)SusantheRealtor

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