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distressed home sale

Nov 12 2010

The Circumstance of Short Sales and Foreclosures

Life isn't about finding yourself. Life is about creating yourself. - George Bernard Shaw

Going through distress in home ownership is one of the most stressful things a person can endure. Whether you are attempting a short sale, entering foreclosure or have already suffered a foreclosure on your Western Massachusetts home, these events do not define you.

These events are pivotal, yes, but they are also circumstantial and will run their course and be complete. It is your reactions and decisions made from these circumstances that will define who you are, not the event itself.

Circumstances are things that are very often beyond our control and can be defined very simply as “what is”. We needn’t be victims to these circumstances or even stay stuck in the circumstance unless we choose that.

George Bernard Shaw said, “People are always blaming their circumstances for what they are. I don’t believe in circumstances. The people who get on in this world are the people who get up and look for the circumstances they want, and, if they can’t find them, make them.” Smart man that Bernard Shaw…we are all in charge of our destiny, why not be in charge of circumstances, too?

If you are in a situation where you think you may need some help with a short sale in Western Massachusetts to avoid foreclosure, be proactive. Don’t make excuses, don’t hide from the reality. Face it head on and decide what your future will be. Take those circumstances and shake them up and find something that you can look forward to at the end of this circumstance.

For me, I looked forward to being able to manage my bills again, which a smaller home in Western Massachusetts would allow. I also looked forward to less home and land to take care of, thereby freeing up some time to enjoy. I had to move to a much smaller condominium when I sold my house, but it was mine to decorate as I pleased and create a nest for my daughters and I.

You can move beyond this circumstance and I can help you, if you like. Just reach out and ask.

photo courtesy of jeff mcneill on flickr.com

Written by Lesley Lambert · Categorized: foreclosure · Tagged: distressed home sale, foreclosure, real estate, selling, short sale

May 21 2010

Distressed Home Situation? Don’t Wait Another Minute, Help is Here!

There are many homeowners in Western Massachusetts who for a variety of reasons have fallen behind on their mortgage and are in a distressed home sale situation. Whether it is divorce or job loss or just a need to move, there are lots of people who need to sell their home, but fear that they can’t sell their home for enough to pay off the balance due to the lender.

Oftentimes these folks allow their fear to prevent them from asking for help or making proactive steps to work with their lender on a solution. Here are some tips that can help if you or someone you know is in a distressed home sale situation.

—Don’t ignore the lender’s efforts to contact you. Yes it is difficult to speak with them, open the mail and handle this terrible time, but sticking your head in the sand will not change what is happening. Staying in touch with the lender can help to gain some time that you can use to resolve the issues one way or another.

—-Call in the professionals. A good real estate agent with short sale, foreclosure and distressed sale experience is a priceless asset to you right now. They know what steps need to be taken and will act as your counselor and advocate.

—Speak with an attorney. There are attorneys in the area who specialize in helping with short sales, loan modifications and foreclosure delay. Reach out and ask questions.

—Don’t wait. If you are a candidate for a short sale it can take some time and the lender will not allow the time for you to try to accomplish the sale if it is too close to the foreclosure/auction date is.

This is a scary and stressful thing, there is no way around that fact, but you can move past this time.

Walking away from your mortgage has serious credit impact that is difficult to recover from not to mention the stigma and personal disappointment that foreclosure entails. Loan modifications and short sales can help you to move on and experience a much smaller credit impact.

Reprinted from my Masslive.com blog. See more from that blog here.

Written by Lesley Lambert · Categorized: foreclosure · Tagged: distressed home sale, foreclosure, lesley lambert, ma, park square realty, selling a house, Selling Your Home, short sale, western ma, Westfield

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