In America, a Homeowner is now going through foreclosure approximately every 7 seconds. RealtyTrac, a company that tracks foreclosures recorded that in California alone 92,326 homeowners received foreclosure notices in the month of August 2009 alone. This is a travesty. This does not and should not ever have to happen. You may have heard some people say “just walk away”, this is absolutely the worst thing you can do.
The Reality Check :
1. 1 in 10 homes with a mortgage is 30 days or more behind on payments
2. It is estimated that more than 4 million foreclosures will happen in 2009
3. We are a Solution for Home owners who need help
4. We are a Solution for Realtors who need tools for the changing market
5. When we present a Solution that is so in need, everyone looks to us for HELP
The Question
1. If your home’s value has recently lost $100,000, $200,000 or MORE…
2. How long are you willing to pay on the current mortgage, while waiting for the home’s value to increase up to the mortgage amount?
The Forecast
1. The unbelievable numbers are… within the next 2 years mortgage foreclosures will top an overwhelming 25 Million.
2. Since this housing crisis started in 2007 the number of foreclosures is just over 8 Million.
3. Across America, 1 in every 136 homeowners have received that Official Notice of Default NOD, that will end their American Dream.
The Reason Why
1. The result of dramatic increases in property values during 2005 and 2006
2. Then the dramatic losses in property values combined with mortgage adjustments in 2007
3. 62% of foreclosures come out of six states *Arizona *California *Nevada the 3 we currently focus on… and rounding out the top 6 are Florida Illinois Michigan

