Triangle Area Short Sales
Jay Sutton & Raleigh Area Foreclosure Help
The national mortgage crisis has become a local real estate crisis for many homeowners in Raleigh, Wake Forest, and the surrounding Research Triangle Park area. Rising cost of living, incomes not keeping up with adjustable rate mortgages, job loss, inflation, divorce, death, medical bills and homes not appreciating as high as expected are some of the reasons Raleigh homeowners are experiencing unbearable stress and heartache.
1 out of 10 people are in default on their home mortgage payments and they do not know where to turn. Seven out of ten people lose their home to bank foreclosure without any professional intervention whatsoever. The long term ramifications of a home sold in a bank foreclosure is devastating to families and can be avoided. If you are struggling to make your mortgage payment, please do not lose your home to foreclosure. I am a CDPE, Certified Distressed Property Expert and REALTOR and I have the expertise necessary to save your credit, relieve the uncertainty and guide you step by step through the process.
A foreclosure will leave you with the absolute worst credit rating you can have. There is nothing more damaging to your credit and future than a foreclosure. A foreclosure will reduce you credit score approximately 300 basis points and remain on your credit report for 10 years or longer. If you have a low credit score and a foreclosure stamped on your credit report you will have a difficult time getting approved for new credit to purchase a car, receive student loans or even be accepted to rent an apartment.
A foreclosure on your credit report could cause you to lose your present job or keep you from employment opportunity in the future. Many job applications ask if you have ever had a foreclosure and all mortgage applications ask that question.
For the rest of your life you will have to answer YES to that embarrassing question. If your employer requires a security clearance such as military, police, airport, cashiers and banking to name a few, you will lose your security clearance immediately with a foreclosure. The devastation of losing your home to a bank foreclosure doesn’t stop when the sale is over. There are 11 options available to protect you and your family from foreclosure.
Call Jay Sutton & Sutton Realty Group, today or fill out the form below and I will contact your for a completely confidential consultation. The financial crisis facing Raleigh area homeowner’s is temporary. Don’t let a temporary problem become a lifetime nightmare. Contact me now, time is of the essence.