
RISMEDIA, January 20, 2010—Because so many Americans over the age of 62 are facing significant financial stress due to dropping retirement and savings account balances, as well as higher healthcare costs, many groups are targeting seniors under the guise of helping them,” said Scott Peters, CEO and President of Generation Mortgage. “HECM reverse mortgages are Federal Housing Administration-insured products and are heavily scrutinized by regulators and legislators looking to protect seniors’ best interests. As a result, more than 600,000 American seniors have obtained reverse mortgages that have enriched their lives by allowing them to stay in their homes and pay off their bills.” Continue Reading »
The Obama administration recently announced that its program to prevent foreclosures has continued to make slow but steady progress, with the number of homeowners who have received permanently modified mortgages up about 13% in April 2010.
The 295,348 permanent modifications amount to about a quarter of the 1.2 million trial modifications started under the program, which began last year.
During the trial, banks and mortgage servicers reduced a homeowner’s monthly payment for 90 days, with a median reduction of about $500. If the homeowner made the payments and submitted additional paperwork, the servicer made the modification permanent and became eligible for cash incentives from the government. Continue Reading »
Feeling like there is no other option but foreclosure can be an overwhelming experience. Know that you are not alone. Thousands of homeowners in the United States are facing the same challenges as you every single day. Now more than ever before there are solutions.
If you are a distressed homeonwer in the Nashville, Tennessee area, you have come to the right place to find your solution. Cities include Madison, Joelton, Inglewood, Old Hickory, Goodlettsville and other surrounding areas.
With many homeowners facing difficult decisions, it is imperative to have the proper guidance from a qualified Realtor, who specializes in Foreclosure solutions and short sales. A real estate expert is essential to a sucessful short sale and avoiding foreclosure.
When looking for a short sale expert, short sale agent, foreclosure agent or experienced short sale Realtor, in and around Nashville, Tennessee, Kim Blanton with Crye-Leike Realtors can assist you.
If you would like more information, or have confidential questions, please contact Kim Blanton at your earliest convenience to discuss your options.
You will be provided with information about how to avoid foreclosure, explain the effects it can have on you and your family, and offer other options that may be available to you.
Please know that all communication will be strictly confidential.
Get legal or financial advice, and additional information on Avoiding Foreclosure in Nashville, Tennessee
Mistake #1 Using a Real Estate Agent Instead of a Realtor®
When you’re looking for help buying or selling property in and around the Nashville and Middle Tennessee area, it’s important to remember that the terms “real estate agent” and “Realtor®” are not synonymous. Realtors can provide an extra level of service, and to be a Realtor you must be a member of the National Association of Realtors (NAR).
The National Association of Realtors also has earned a strong reputation for actively championing private property rights and working to make home ownership affordable and accessible. The NAR members adhere to a strict code of ethics founded on the principle of providing fair and honest service to all consumers. Realtor® business practices are monitored at local board levels. Arbitration and disciplinary systems are in place to address complaints from the public or board members. This local oversight keeps Realtors directly accountable to the individual consumers they serve and therefore the consumer is more likely to find better service and accountability by using a Realtor®.
White House, TN. View this short video that I created for people considering a move to this beautiful part of Tennessee: Continue Reading »
When making a decision to sell your home, you may want to interview several agents to determine who would be best qualified to handle the sale of your most important asset. This should be a business decision and should not be based on friendship or family concerns. You want the most qualified agent to work on your behalf.
To help you decide, you may want to ask these questions.
1. Do you personally answer all phone calls on the property?
2. Can we cancel the listing if we’re not happy?
3. Are you a Realtor® and what designations do you have? Continue Reading »









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