by Jason Richardson | Feb 18, 2021 | Distressed Properties, For Buyers, For Sellers, Foreclosures, Rent vs. Buy
There have been a lot of headlines reporting on how homeowner equity (the difference between the current market value of your home and the amount you owe on your mortgage) has dramatically increased over the past few years. CoreLogic indicated that equity increased...
by Jason Richardson | Dec 15, 2020 | Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates
If you’re currently feeling the stress of affording your mortgage payment, or if you know someone who is, there’s still time to get help. For homeowners experiencing financial hardship this year, the CARES Act provides mortgage payment deferral options, creating...
by Jason Richardson | Nov 6, 2020 | Distressed Properties, For Sellers, Foreclosures, Housing Market Updates
As the current forbearance mortgage relief options come to an end, many are wondering if we’ll face a foreclosure crisis next year. This is understandable, especially for those who remember the housing crisis that began in 2008. The reality is, plans have been put in...
by Jason Richardson | Oct 21, 2020 | Distressed Properties, Foreclosures, Housing Market Updates
Many housing experts originally voiced concern that the mortgage forbearance program (which allows families impacted financially by COVID to delay mortgage payments to a later date) could lead to an increase in foreclosures when forbearances end. Some originally...
by Jason Richardson | Oct 15, 2020 | Demographics, Distressed Properties, Foreclosures, Housing Market Updates
Earlier this year when the nation pressed pause on the economy and unemployment rates jumped up significantly, many homeowners were immediately concerned about being able to pay their mortgages, and understandably so. To assist in this challenging time, two protection...
by Jason Richardson | Aug 12, 2020 | Distressed Properties, Foreclosures, Housing Market Updates
With the strength of the current housing market growing every day and more Americans returning to work, a faster-than-expected recovery in the housing sector is already well underway. Regardless, many are still asking the question: will we see a wave of foreclosures...