No Happy Meal Today
Fast food. Slow sales. More new cases of Swine flu today than approved mortgage loans. Foreclosures and tight lending rules are painful and people hunger for solutions they can sink their teeth in to that have been super-sized
.
The average family living in Sandpoint foreclosures knows more about a Big Mac than Freddie Mac. Most people in Sandpoint homes would guess that Fannie Mae was a regular on “Hee Haw”.
People living in Sandpoint homes for sale and Sandpoint foreclosures would not guess that Fannie Mae and Freddie Mac (along with the FHA) provide government backing to about 90% of all new mortgage loans in the USA.
Why is MBA (the T-Rex in the secondary mortgage market) calling for Fannie and Freddie to be broken up? Why are loan applications down? Why are more loans being bought back?
Ask families living in Sandpoint foreclosures if they think the economic recovery is here. Ask the families that are trying to obtain financing to purchase one of the Sandpoint homes for sale if the sun is shining on their application.
Sandpoint foreclosures are not slowing down and the mortgages are being held across the country. It is virtually Real Estate C.S.I. to help our friends and neighbors in Sandpoint foreclosures.
If you have a Notice of Default, your Sandpoint foreclosures clock is running towards your cure date, or your auction is looming then you need to take action now. If you are an investor that wants to help a family while making a smart money move then you need to take action now.
The process is more confusing than complex. You need a calm, experienced, professional on your team. Describe your situation to industry experts to ensure you are accessing all the available resources to match your case.
It’s about listening.
