| Foreclosure is on the rise, what can you do to prevent it? |
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| Written by Becky | |
| Tuesday, 29 January 2008 | |
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The reports are in and it does not look good for home owners. According to a RealtyTrac report for the year of 2007, the amount of foreclosures filings hit a whopping 75% increase. Over 405,000 home owners have lost or are losing their homes. Yes the government is trying to counteract this, but who knows when it could all turn around. If you have been thinking of selling, maybe now is the time to get on that and at least cut even or as close to that as you can get. Foreclosing is not the ideal solution, but perhaps normal selling or at least attempting to do that would be a better solution. Or course with the selling process, most want to try to sell For Sale By Owner to try and retain a little more of the end profit or to more easily cut even, but there is a reason that there is a profession of realty: besides the occasional lucky chance, realtors are better at marketing and selling your home then you are. They have connections and are wise in their profession; they know the ins and outs that you do not. If you are going to give selling a shot, give it your all, take a leap, and hire a realtor! Selling a home is not like selling a car, go with the professional or at least hear them out before deciding to sell on your own. What can sitting down for at least one realtor appointment hurt, compared to losing your home through foreclosure? |
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