Renters Are Being Put Out Of Their Apartments And Rental Homes In Record Numbers

Sept. 27, 2009 - PRLog -- In court house documents Juan pleaded in his answer to the eviction, “Please don’t put me and my family out in the street, I’ll do what ever I need to do to stay.” Unfortunately, the owner of the Kissimmee property, who lives in the Doctor Phillips area of Florida, went through with the eviction despite Juan’s pleas of desperation.

“I understand the owner’s situation” says Russell C. Goeins III from Proactive Property Solutions, “I’ve been around the real estate market in Central Florida since 2002 and have seen the good times and bad times.” “If the owners of these rental properties can’t afford to pay their mortgages they too are in danger of losing their investment homes.” “This puts the renter in a terrible situation much like the one Juan G found himself in recently.” “Although the renter in this example has to take some responsibility for missing a couple of payments due to a lay off,  if he had been an owner these past 10 years he probably would have been able to tap into his homes equity to improve his immediate financial situation.”

“The scary thing is that right now there are renters who are occupying properties that are already in or are near foreclosure and more times then not, the renters aren’t even aware of this fact.”  ” What we do at Proactive Property Solutions is  show renters how to take the same money they are throwing away in rental payments to a Landlord, who’s paying his own  mortgage (maybe), and instead,  use their hard earned money towards the purchase of their OWN HOME.”

Russell says that one of the reasons so many people are renting is because the cost of ownership is sky high. “The Sub Prime Lending market is gone, so if by some miracle you have an 800 FICO score and can qualify for a conventional loan you’ll still need 20-30% down. For example; a house that sells for $150,000 could take $30-$45,000 down money to purchase.” Russell went on to say, “We’re giving hope to renters who dream of home ownership.” “These are good people who have steady employment but just don’t have $30,000 lying around to put down for a home loan."

Russell also mentioned that based on the rate of foreclosures for 2009 and the forecasted 3 million plus foreclosures expected for 2010 that the plight of the renter is only going to get worse.  “This is a buyers market and what we do is specialize in turning Renters into Buyers. Russell says his programs aren’t for everyone but the good news is that his service is completely free. “If you’re tired of throwing away your hard earned money and want a chance to own the home you deserve, by using the same money you’re already spending on rent, then why wouldn’t you do it?”

Proactive Property Solutions consultants can be contacted 24/7 by phone or email.

# # #

Proactive Property Solutions is a real estate investment company located in central Florida. Using proprietary marketing and funding solutions, we show renters how to use the same money they are throwing away in rental payments to become property owners.