Wednesday, August 31, 2011

Renewed trust for tough times




Does it feel like trust is one of the major casualties of the economic meltdown of 2008 – followed by the “Great Recession,” the “Jobless Recovery” and now the threat of a “Double Dip Recession?” 

Weren't we assured that home values were destined to go up and up and up?
There have been lots of promises that help is on the way—and lots of warnings of scams and schemes that have only served to confuse the matter.
So where is a homeowner who is underwater or over-leveraged to turn?
The bottom line: the choices that homeowners make when they feel they are at the end of their rope will have ramifications for years to come on their ability to qualify for credit, their job prospects, their security clearance and their overall finances. When a family’s financial trajectory is rapidly heading in a negative direction, there’s no substitute for the helping hand of a knowledgeable expert who has the integrity, the experience and the training to reverse the course—someone who is tapped into regulatory initiatives and can separate fact from fiction.

It's my mission to serve as a credible source of information and perspective to homeowners who have found themselves in a tough situation and need help sorting through their options. That’s why I sought out the Certified Distressed Property (CDPE) designation among others and it’s why I continue to stay on top of regulatory and industry developments that impact options available to homeowners who are struggling with their current financial situations.

My message to homeowners who don't know where to turn: there is hope. Foreclosure is not inevitable and neither the government nor your bank wants to see that happen. No one expected to find themselves on the brink of foreclosure, but I have worked with countless clients who have managed to turn their financial trajectory around and get on a path of financial recovery. 

It CAN be done! And it would be my privilege to help.

Tuesday, August 9, 2011

Handling the Stress of an Unaffordable Mortgage Payment

Researching the latest foreclosure and distressed property statistics, the sheer number of Americans facing the stress of losing their homes is amazing. It is my goal to help as many homeowners I can either stay in their homes or relieve the burden of their mortgages. Knowing that there are so many that need help is a driving force for me to continue doing what I do.


In fact, I just released another report made available on my website http://www.RichmondForeclosureAlternatives.com today. It explains the CDPE designation and lists 10 options that homeowners can take advantage of to relieve the stress that comes with owing their mortgage lenders more money than they can afford to pay.


The report also draws a contrast between short sales and foreclosures. Unfortunately, there’s a growing trend of “strategic defaulters” who think it’s smart to let their home go into foreclosure. As any one who follows this blog knows, there is nothing strategic about foreclosure; it’s one of the most long-lasting, negative financial challenges you can go through.
It is my passion and privilege to act as a resource for more homeowners who have questions about what they should do. If you know homeowners who may need my help, have them contact me immediately! Together, we can put them back on the path to financial stability.


Deb Orth
Licensed Virginia Realtor
Keller Williams Realty
6600 West Broad St.
Richmond, VA 23230
www.RichmondHomes4You.com
www.RichmondRealEstateProfessional.com
www.RichmondForeclosureAlternatives.com
mailto:Deb@RichmondHomes4You.com
(804) 314-4575