The foreclosure specialists are seeking to educate homeowners on their rights and options when foreclosure is imminent, reports http://www.avoidforeclosure.com/
Houston, TX - January 17, 2017 /MarketersMedia/ —
While 2016 saw a decrease in foreclosures from the previous year, the number of homes in foreclosure in the U.S. remains high. According to a recent estimate, over 847,000 homes are currently in foreclosure, with the highest rates in New Jersey, Illinois, and Delaware. In an uncertain economy, anyone may experience a sudden change in circumstances that could lead to missed mortgage payments. To help homeowners deal with this potential crisis, the website Avoid Foreclosure at http://www.avoidforeclosure.com/ has launched a campaign to educate homeowners facing foreclosure about their rights and options.
Said company spokesperson Guillermo Coronado, "What we've observed is that homeowners in distress often turn to their bank or mortgage lender to try and resolve a problem with late or missed payments. Many people have the mistaken belief that the bank is their ally or that their years of timely payments will motivate banks to help them out when they run into problems. But this way of thinking turns out to be a trap for homeowners because, unfortunately, banks are only too happy to take back homes and resell them. They'll make more money that way in the long run."
To help homeowners avoid this trap, Coronado and his team are seeking to raise homeowners' awareness of their rights and their options for avoiding foreclosure. The website features state by state foreclosure laws and guidelines at http://www.avoidforeclosure.com/. Each section outlines the process for judicial and non-judicial foreclosure and detail the factors that determine which type of foreclosure will take place. Said Coronado, "We want homeowners to know that foreclosure is not necessarily inevitable, even if they have received a notice from the lender. In many cases, homeowners will still have a small window of time in which to turn things around. The sooner they contact us, the better."
In addition to the state-by-state guidelines, the website also publishes a blog at http://www.avoidforeclosure.com/. The articles currently posted explore some state-specific foreclosure laws in detail as well as offering information on grants, short sales, bankruptcy, and other foreclosure-related topics. Avoid Foreclosure encourages readers to call and speak with a foreclosure expert who can answer questions about their individual situations. Concluded Coronado, "When our clients call us, they find compassionate and highly informed listeners who will help them get started right away on saving their home. We want everyone out there who is facing foreclosure to know that there is still hope."
About Avoid Foreclosure
The Avoid Foreclosure team comes from a mixed background of foreclosure specialists, real estate investors, marketers, and short sale experts. With their combined knowledge of the industry, it is their mission to help innocent people avoid foreclosure all across the United States. From the biggest cities to the smallest towns, no one knows what tomorrow will bring in the current economy. The Avoid Foreclosure team provides everything homeowners need to know in order to stop foreclosure and remain in their homes.
For more information, please visit http://www.avoidforeclosure.com/
Name: Guillermo Coronado
Organization: Avoid Foreclosure
Release ID: 162062