Who do you know who needs help to avoid foreclosure?
Many Georgians have recently found themselves upside down in their mortgage, owing more on their property than it will sell for in this current market. Others have found themselves suddenly facing higher monthly mortgage payments due to re-setting interest rates. Still others find themselves with less monthly income now due to job loss, medical bills or change in family circumstances.
Please do them a favor and get this information to them right away.
When homeowners can no longer make their mortgage payments, the state of Georgia makes it easy for banks to foreclose.
Foreclosure hurts people.
And it hurts neighborhoods.
Did you know... that every time a home forecloses in your neighborhood, it brings down the value of the surrounding houses by 9%?
It could happen to anyone. With nearly a third of all Georgia homes in some stage of mortgage distress, either you or someone you know could very well be in danger of falling behind on mortgage payments and losing the home.