Classes Provided for Distressed Homeowners

Over the past year and a half, our nation has watched tens of thousands of people forced out of their homes. This happens mostly because of the homeowner’s inability to make or catch up on their mortgage payments. I have personally visited with several of these homeowners who only wish there was a way to keep their home. The problem is they have gotten themselves into a loan where the interest rate is consuming their ability to make payments. In some cases they are even making the same amount as they were when they bought the house but the Adjustable Arm increased their payments to a point that they could no longer keep up.

To many this sounds all too familiar. After talking to many homeowners who have been in similar situations we have discovered most just don’t know what to do. Many homeowners just simply give up believing there is no way to keep their homes. They then pack up and move, the put their keys in an envelope and mail it into the lender believing that was all they could do. What is really interesting is that most homeowners never even contacted their lenders to see if they have other options. Some of these people very likely could keep their homes if they only understood the options available.

It is for this reason that Century 21 North Homes Realty, Inc. is reaching out to those who find themselves at risk of losing their homes. Our offices are holding classes each month at no expense to these homeowners. Classes have been customized to help you the homeowner knows just what options you have to helping you keep your home. It is our goal in helping these homeowners, to keep the real estate inventory down, helping those who have to sell, and avoid many of the scams taking advantage of financial situation. On top of all this, for those who need additional assistance there is also advanced service that CENTURY 21 North Homes Realty, Inc. has available.

Should you find yourself in this situation then come attend one of our special classes. All you need to do is call our office at (425)743-3330 and get yourself registered on our class schedule. Then come and attend.

Hope is returning to our market.

Over the past year, our market has experienced a continual decline in home pricing. Foreclosures have sky rocketed as the number of qualified buyers have also dropped off. The general impression in the market has been down. However, there is good news that is starting to shift our market back.

As many of people are waiting for the perfect time to buy, that perfect time is passing them by today. The word amongst agents is qualified buyers are starting to increase. Just this past weekend at CENTURY 21 North Homes Realty, we have seen a substantial increase in our buyer activity. Floor calls are coming in, agents are getting more calls off their fliers and online advertising. Potential buyers are calling, trying to judge the timing just right.

People are starting to see the incredible opportunities that are out there. Incredible interest rates packaged with some new loan options, some that even permit people to buy again with 0% down, are bringing the buyers back. An increase in investors is also on the rise as many have taken note of the increase in rental prices.

If you are looking to buy, this is the time! No one knows where interest rates will be tomorrow, no one knows for sure how long the "incredible buys" will exist. But we do know they are both at incredible lows today. Come January and February the majority of the people are going to notice just how good it is. An increase of buyers may make getting that "bargain" price much more difficult.

- Bryan Lovell
Century 21 North Homes Realty, Inc.
(425)743-3330