Sunday, April 6, 2008

We Can Help!

Even as the “Good Thing You’re In Tulsa” campaign continues to inform area residents of the differences between our real estate market and what is being reported by national media services, there are still some local homeowners who are struggling to make their mortgage payments. In fact, a few are behind on their monthly payments and may be facing a possible foreclosure.
Some foreclosures can be prevented, but many homeowners are unaware of the options available to them. Some lenders will work with borrowers to defer some portion of their payments for a period of time. In other circumstances, a lender may accept less than a full payoff of the loan to allow the home to be sold.
At Coldwell Banker RaderGroup we have a Loss Mitigation Department which works with lenders and homeowners to avoid foreclosure. If you are behind on payments and facing a possible foreclosure, I may be able to help you! For more information contact me at slaunchbaugh@cbtulsa.com. Of course, all inquiries are confidential.