Lakeland Foreclosure Epidemic may be saved by Short Sale Remedy

Help wanted sign.With Polk County’s unemployment rates, this foreclosure epidemic is going to continue and it may even grow. Lakeland Short Sales are at an all time high, there are currently over 400 Lakeland homes for sale that are short sales.

The jobless rate in Polk County is at an all time high since 1992 – 13.6%

The jobless rate in Lakeland-Winter Haven for September is recorded at 12.7%

If you are in a situation where you can’t no longer afford to make your mortgage payments because of job loss, divorce, health, or other hardship; a short sale would be your best remedy to save your home from foreclosure and salvage some of your credit.

I’m a member of over 400 real estate agents and growing at Short Sale Superstars, who are committed to help sellers and buyers with short sales in Florida and across the America. Short sales can be difficult at times and this is why this group of professionals is so helpful not only to us real estate agents, but for you, especially. I would say that we are a Short Sale Agent support group, helping each other, solving uncommon issues for our clients, making suggestions that can only help you the seller or buyer. We are not complainers – we are solvers, here to help you.

There is information about lenders, such as Bank of America aka Countrywide, Wachovia, SunTrust, Wells Fargo, Saxon, and Chase just to name a view. This is a place where agents help, inform and reach out to consumer by providing valuable information to make a short sale a success.

LawThere are over 1,000 Lis Pendens filed within the city of Lakeland Florida alone. Since September 1, 2009, 143 Lis Pendens were filed with the Polk County Clerk of Courts for properties that are located in Lakeland – a city with a population of an estimated 97,000 people.

What is a Lis Pendens?

In essence, a formal notice is filed on behalf of the lender, who holds the note on your mortgage. It is considered a lawsuit; however, the homeowner still has possession and the right to sell the property. Short sales can be your best remedy to a foreclosure.

Give me a call at (863) 619-6918 or email me at petra@petranorris.com to arrange for a confidential consultation – I’m here to help.

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