We Help Protect our Clients' Equity

Home mortgage delinquency/default rates are rising. This results in homeowners having extra fees, attorney costs and penalties which consumes equity and sometimes results in very damaged credit or even foreclosures.

We reach out to assist our sphere of influence with good advice and counsel on the subject, which could be a delicate and personal matter.

Most American families have the vast majority of their net worth held in the investments they made to own their own home – in other words their home equity.

For many however, the pandemic’s far reaching effect on our economy, and in particular job losses, are putting that net worth at risk. The mortgage delinquency/default rate in our region and across the country is climbing. Through no fault of their own, a fast rising number of homeowners are in jeopardy of losing their equity and their homes. During past economic downturns too many homeowners waited too long to act. This allowed late penalties, lender attorney’s fees and increased interest rate charges to eat up their hard earned equity.

We want to help by providing good advice and counsel. The housing market is very short of inventory at the present time and in some cases, we can help bring the property to market, get it sold at a premium and help avoid credit and equity damaging processes.

This is a challenging time for many. Please know our intention is to use our knowledge and skills that we have developed in our real estate business to help. Through early action and good market advice we can have people into the strongest possible position. If you or anyone you know are encountering this situation, know that we can help.