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One troubling trend that has recently reemerged in the national real estate industry is foreclosure. Contrary to what many people believe, if your house is (about to be) in foreclosure – you are not alone. In fact, foreclosure rates are the highest they have been since the Great Depression. “Ohio had the 2nd highest foreclosure rate in the nation in March [2005]… Ohio foreclosures have more than doubled in the last year”, reports the website realtor.com. And according to an article from foreclosure.com, this problem is affecting people from all walks of life. First-time homebuyers and those in higher price ranges alike are finding themselves overextended and unable to cover their monthly payments. Most importantly, we are not out to take your house from you (that is the bank’s job!). Benefacts is here to help. We are sensitive to all the emotional and financial strains associated with the foreclosure process. We help homeowners avoid foreclosure. Our job is to simplify the process – to help you understand how foreclosure works, evaluate your options with you, and help you choose what is best for your situation. We can help stop home foreclosure. Sometimes homeowners have many options – other times a quick, easy sale is in order. Benefacts can help in either case. Click on the illustration to the right or follow the link below to learn just a few of the options you have to prevent the bank from taking your home. < MORE: Options to Avoid Foreclosure...>
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