Sarasota Foreclosures - 3 Big Mistakes Kick Home Owners to the Curb!
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Mike Payne
Mar 27, 2013, 7:50:02 PM3/27/13
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Article Title: Sarasota Foreclosures - 3 Big Mistakes Kick Home Owners to the Curb!
Author: Mike Payne
Word Count: 561
Article URL: http://www.isnare.com/?aid=547637&ca=Business
Format: 64cpl
Contact The Author: http://www.isnare.com/eta.php?aid=547637
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Sarasota foreclosures punish homeowners who fail to respond to emotional and technical challenges required to save a home.
No question, facing foreclosure overwhelms most (normal) bullet-proof people. Even people who typically stand up quickly to all life�s challenges, foreclosure adds more stress � especially if kids are involved.
With kids, you want to insulate them from uncertainty. You want to keep them in their schools and around their friends.
On top of emotional challenges, you must call on proven, experienced people to help you save your home and/or avoid foreclosure.
Proven, experienced realtors, attorneys & tax professionals advise you on what�s BEST for YOU. As bad as it is to lose a home and possibly uproot your kids, you don�t want debt collectors to chase you for up to 20 years.
You need to understand 3 common, costly mistakes many homeowners make with Sarasota foreclosures:
1.Florida is a RECOURSE state, which means the borrower can be liable for deficiency after foreclosure or short sale. In other words, the debt owner can go after the borrower even after the borrower loses the house.
a.In fact, a debt owner legally has 5 years in Florida to pursue judgment against borrower and up to 20 years to pursue collections through bank (account) levy and/or wage garnishment. Clearly, judgments are B-A-D.
2.Most people facing foreclosure are not able to confront reality for months after they are served default paperwork.
a.By the time the homeowner calls me, he/she (or they) usually is 3-5 months behind in payments. Please don�t misunderstand me here; I definitely understand. Usually, it�s not (just) foreclosure fears. It�s loss of job. It�s health. Something drastic has happened to cause financial hardship.
3.Most homeowners in distress do not talk with an informed real estate attorney and tax professional. Very dangerous!
a.You need an attorney to protect your rights & serve your best interests.
i.For instance, your attorney must (should) respond to the Complaint when you are served that stack of �foreclosure� paperwork by the process server. In Florida, you have 20 days to respond.
ii.Your attorney and tax professional will advise you on the best option for you.
iii.Your attorney will ensure you receive �full payoff & satisfaction� instead of the bank�s common sneaky tactic.
Personally, I have faced foreclosure twice on investment properties. I understand the emotional side of facing foreclosure as well as the technical side.
On one hand, you need to muster the emotional strength to face this challenge.
On the other hand, you carefully need to pick your advisers. You need proven, experienced advisers including a Realtor, attorney & tax professional.
Sarasota foreclosure prevention requires 3 essential parts: 1. You must face foreclosure reality as quickly as possible � the quicker the better. 2. You must work with proven, experienced people and 3. You must be lucky. Yes, you need luck on your side as fortitude and strong advisers. If you or someone you know is facing foreclosure, please contact me now to discuss your situation. Further, if you or someone you know wants to buy or sell a house in or around Sarasota, Florida, please contact me. I want to help you.
About The Author: Sarasota Realtor Mike helps homeowners avoid foreclosure. Mike and his team also help buyers and sellers avoid costly mistakes as property values drop and 30-50% off 2006 "bubble" prices are not the bargains they appear to be. Contact me now @ 941-914-9980 or http://www.sarasotahomesforsalenow.com.
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=547637
*********************** ARTICLE END ***********************
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Message delivered directly to members of the group:
publish-the...@googlegroups.com
*****************************************************************
Please consider this free-reprint article written by:
Mike Payne
*****************************
IMPORTANT - Publication/Reprint Terms
- You have permission to publish this article electronically in free-only publications such as a website or an ezine as long as the bylines are included.
- You are not allowed to use this article for commercial purposes. The article should only be reprinted in a publicly accessible website and not in a members-only commercial site.
- You are not allowed to post/reprint this article in any sites/publications that contains or supports hate, violence, porn and warez or any indecent and illegal sites/publications.
- You are not allowed to use this article in UCE (Unsolicited Commercial Email) or SPAM. This article MUST be distributed in an opt-in email list only.
- If you distribute this article in an ezine or newsletter, we ask that you send a copy of the newsletter or ezine that contains the article to http://www.isnare.com/eta.php?aid=547637
- If you post this article in a website/forum/blog, ALL links MUST be set to hyperlinks and we ask that you send a copy of the URL where the article is posted to http://www.isnare.com/eta.php?aid=547637
- We request that you ask permission from the author if you want to publish this article in print.
The role of iSnare.com is only to distribute this article as part of its Article Distribution feature ( http://www.isnare.com/distribution.php ). iSnare.com does NOT own this article, please respect the author's copyright and this publication/reprint terms. If you do not agree to any of these terms, please do not reprint or publish this article.
*****************************
Article Title: Sarasota Foreclosures - 3 Big Mistakes Kick Home Owners to the Curb!
Author: Mike Payne
Word Count: 561
Article URL: http://www.isnare.com/?aid=547637&ca=Business
Format: 64cpl
Contact The Author: http://www.isnare.com/eta.php?aid=547637
Easy Publish Tool: http://www.isnare.com/html.php?aid=547637
*********************** ARTICLE START ***********************
Sarasota foreclosures punish homeowners who fail to respond to emotional and technical challenges required to save a home.
No question, facing foreclosure overwhelms most (normal) bullet-proof people. Even people who typically stand up quickly to all life�s challenges, foreclosure adds more stress � especially if kids are involved.
With kids, you want to insulate them from uncertainty. You want to keep them in their schools and around their friends.
On top of emotional challenges, you must call on proven, experienced people to help you save your home and/or avoid foreclosure.
Proven, experienced realtors, attorneys & tax professionals advise you on what�s BEST for YOU. As bad as it is to lose a home and possibly uproot your kids, you don�t want debt collectors to chase you for up to 20 years.
You need to understand 3 common, costly mistakes many homeowners make with Sarasota foreclosures:
1.Florida is a RECOURSE state, which means the borrower can be liable for deficiency after foreclosure or short sale. In other words, the debt owner can go after the borrower even after the borrower loses the house.
a.In fact, a debt owner legally has 5 years in Florida to pursue judgment against borrower and up to 20 years to pursue collections through bank (account) levy and/or wage garnishment. Clearly, judgments are B-A-D.
2.Most people facing foreclosure are not able to confront reality for months after they are served default paperwork.
a.By the time the homeowner calls me, he/she (or they) usually is 3-5 months behind in payments. Please don�t misunderstand me here; I definitely understand. Usually, it�s not (just) foreclosure fears. It�s loss of job. It�s health. Something drastic has happened to cause financial hardship.
3.Most homeowners in distress do not talk with an informed real estate attorney and tax professional. Very dangerous!
a.You need an attorney to protect your rights & serve your best interests.
i.For instance, your attorney must (should) respond to the Complaint when you are served that stack of �foreclosure� paperwork by the process server. In Florida, you have 20 days to respond.
ii.Your attorney and tax professional will advise you on the best option for you.
iii.Your attorney will ensure you receive �full payoff & satisfaction� instead of the bank�s common sneaky tactic.
Personally, I have faced foreclosure twice on investment properties. I understand the emotional side of facing foreclosure as well as the technical side.
On one hand, you need to muster the emotional strength to face this challenge.
On the other hand, you carefully need to pick your advisers. You need proven, experienced advisers including a Realtor, attorney & tax professional.
Sarasota foreclosure prevention requires 3 essential parts: 1. You must face foreclosure reality as quickly as possible � the quicker the better. 2. You must work with proven, experienced people and 3. You must be lucky. Yes, you need luck on your side as fortitude and strong advisers. If you or someone you know is facing foreclosure, please contact me now to discuss your situation. Further, if you or someone you know wants to buy or sell a house in or around Sarasota, Florida, please contact me. I want to help you.
About The Author: Sarasota Realtor Mike helps homeowners avoid foreclosure. Mike and his team also help buyers and sellers avoid costly mistakes as property values drop and 30-50% off 2006 "bubble" prices are not the bargains they appear to be. Contact me now @ 941-914-9980 or http://www.sarasotahomesforsalenow.com.
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=547637
*********************** ARTICLE END ***********************
- To distribute your articles go to http://www.isnare.com/distribution.php
- For more free-reprint articles go to http://www.isnare.com
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