Strategic Defaults: The Financial Decison To Walk Away
Investors, this movement is the latest mainstream now for the ethical and educated investor. We must continue being ready to not only answer questions and help distress homeowners of underwater and/or upside down properties, whom from the video below seem to be at a loss of hope
in keeping their dream home or avoid foreclosure, but make a better job at reaching out to this homeowners whom are making the financial decision to walk away ( strategic default ) before they start thinking walking away from their home is the better option.
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It only takes for me to know watch the news and read the news paper to have an idea of what some homeowners and their family must be going through to understand why walking away, or like some in the industry are now referring to as 'Strategic Default', seem more and more like the logical thing to do.
As an ethical and educated investor, it is my duty to remain aware and know the way out of this situations.
Real Estate Investor & Power Team
For the savy Short Sales Specialist, the strategic default way shouldn't be an option. In fact, it shouldn't even be a topic of discussion. There's another better alternative(s) than walk away or a foreclosure mark on the credit, where buying a new home is sooner than some in the video think and less damaging to the credit. Foreclosure is avoidable if the homeowner is willing and ready to allow the investor and his/her team go to work. All it takes is a free consultation call or home visit interview between the borrower(s)and the investor buyer and/or his agent.
An investor buyer regularly keeps his/her power team trained and up to date with any new preforeclosure and foreclosure development on the laws, guidelines and federal or state programs available for homeowners.
By doing so, the investor or its agent is prepared to overcome any potential forseen abstacle(s). But again, the homeowner must be willing to work side by side with investor buyer and its agent. Failing to do so will only prolong the inevitable.
For more information on how we can help you keep or get an offer on your house, give us a call or email us immediately at the telephone number on the upper-right corner of your screen. Time is NOT on your side.