Rick has been helping upside-down distressed homeowners avoid foreclosure in the Southeastern Michigan area, for over half a decade now. Rick says he rarely receives a call these days from sellers with equity in their home, in fact most of the calls he said he gets are from either distressed homeowners who unfortunately have come to the realization they must sell their home to avoid foreclosure or from homeowners who have decided to simply walk away because they've seen the value of their homes drop considerably below that of what they owe and don't believe they'll ever be in an equitable position again. Rick says, though, that between the two calls, the majority of calls are still coming from distressed homeowners facing foreclosure within the next month.
So just what is a short sale and how does it benefit an upside down or distressed homeowner? A short sale is when a homeowner sells their home short of what they owe the lender and the shortage or difference in debt is forgiven by the bank because of a key piece of legislation that passed known as the "Mortgage Forgiveness Relief Act of 2007". So, through the process of a "short sale", these upside down, distressed homeowners are able to sell their over leveraged, over valued home that they would otherwise never have been able to sell, pay no closing costs or commissions, owe nothing, save their credit, have the lender forgive the debt, a huge weight lifted off their shoulders and a new lease on life.
In the past 3 years over 95% of all of Rick’s business has come from distressed homeowners looking to short sale their homes and he doesn't believe we'll see an end to them anytime soon because of the overwhelming statistics that continue to be released on the rising number of upside homeowners, coupled with the continued lack luster economy and unemployment rates. Rick also cautions anyone who has been on the fence about short selling their home that they may want to make up their mind sooner than later.
For more information and to get help short selling a home, homeowners can contact Rick Giese, associate broker with RE/MAX Advisors directly by phone or text at 1-800-274-5656 or by email at firstname.lastname@example.org
Homeowners can also go to http://www.MIForeclosureHelp.com where they'll find a number of valuable resources including the opportunity to request a FREE copy of Rick’s eBook, "The Homeowner's Guide to Real Estate Short Sales", watch videos, take a short quiz to see if you qualify for a short sale, get links to government websites, a Toll Free Homeowner Hotline 24/7, 365 days a year at (888) 551-8361 for recorded information on Short Sales vs. Foreclosure and more...
Rick Giese and his Short Sale Team Sell Tim's Lake St Clair Chase Mortgaged Homehttp://www.youtube.com/
Thanks for reading, Rick Giese.
Rick Giese is a real estate associate broker at RE/MAX Advisors.
Phone Toll Free: 1-800-274-5656. email: Rick@RickGiese.com
Rick Giese specializes in loan modification assistance and short sales in the Macomb , Oakland and southern St Clair County Areas of Michigan. Macomb Loan Modification Help, Macomb Short Sale Help. Oakland Short Sale Help Macomb and Oakland County MI our services are offering sellers another option besides pre-foreclosure foreclosure or bankruptcy that can affect their credit for years. We are currently offering our services in the Richmond, Shelby Township, Macomb Township, Chesterfield Township, New Baltimore, Clinton Township, Sterling Heights, Mount Clemens (Mt Clemens) Fraser, Harrison Township, Warren, Roseville, St Clair Shores areas of Macomb County Michigan Madison Heights, Troy, Clawson, Royal Oak, Rochester, Rochester Hills, Berkley, Birmingham areas of Oakland County