This week I was speaking to a friend that has fallen behind in his mortgage and does not see a way to get clear of the problem. He has selected to try and sell his home and find something that more closely fits his needs. The problem is that he does not have enough value in the property. Thus he thinks that a short sale is the way to solve his problem if he can get the approval of the bank.
He told me he was feeling terrible having a hard time sleeping and was not eating well, trying to save every penny he could. He even told me that he was taking cold showers and was not watering his trees or washing his car to save on his water bill. He told me that he wondered why he was living.
At this point I told him to come with me. We walked over to the computer and I opened one of the foreclosure data support sites and put in his zip code. Then I made a circle around his home of about a 3 and a half mile radius. I clicked on populate data and the pins on the map showed up. There were 48 other people in the same situation. He could graphically see the problem and said to me I had no idea the problem was this bad in Jamul.
Him seeing that he was not the only person struggling in a way made him feel better. He asked me to print the map so he could send it to his Congressman to show him what is happening in our communities. I did as he requested and then printed the President’s Foreclosure Alternative Plan and gave it to him. I showed him some people are working on this issue. I told him to hold his head high, he had good reasons to live, his children wife and community are just a few of the reasons.
If your in a similar situation and want to see what is happening in your area please contact one of us at Short Sale Nurse, we may just have the medicine that will make you feel better.
Written by George Kenner, George is a California Real Estate Broker with 19 years of industry experience.