As housing market improves, distressed homeowners in the Greater Triangle-area in danger of being left behind
As the housing market improves on a national level, news reports have focused on trends like interest rates and rising prices, high levels of mortgage delinquency and foreclosure have been largely ignored.
“The market is definitely recovering and that is great news,” said Linda Craft, CEO of Linda Craft & Team, REALTORS® & Certified Distressed Property Expert (CDPE), “But the media focus on the recovery could mean that people who are still in danger of losing their homes are forgotten about. I want to change that.”
While delinquency rates have improved since the worst part of the housing and financial crash, they are still at elevated levels well above historical norms. “The simple fact is that, even though delinquency numbers have dropped below 12%, that still represents millions of homeowners who are in danger of losing their home to foreclosure and don’t know what to do,” Craft said. “My message for homeowners in this situation is that there are options that can help them secure their future.”
Linda Craft has developed a free report entitled, “Save Your Financial Future: 5 Ways to Beat Foreclosure and Avoid a Damaging Credit Collapse,” which outlines the options that are available to these at-risk homeowners. The report is accessible from her website, http://www.raleighrealestateforeclosures.com at: http://www.raleighrealestateforeclosures.com/Save-Your-Financial-Future.aspx