My name is Rick Smith and I deal in real estate. Technically I am a Real Estate Broker, but I look upon myself as more than that. I do not view houses merely as property to be bought and sold - they are places where families live and where they build their futures. I work with my clients for their long term interests, not just to buy or sell a piece of property. The buying and selling of homes occurs when there is a change in the family's circumstances - either good or bad. Sadly, in the recent past, the number of foreclosures has gone up and this is a reason why foreclosures and foreclosed property on the market have become more common.

With foreclosures increasing in number everyday, I want to take you through some issues that are very important to know if you are facing financial problems that make meeting your mortgage payments impossible. But first, there is one thing you must remember: It Is not your fault - everyone faces ups and downs and you are among many who are in this situation through no fault of their own. Yes, the prospect of losing your home can be frightening, but what is important is to make the best of the situation and be ready to put the past behind you and begin again, using the lessons you have learned to make sure that it does not happen in the future.

Visit my website www.ricksmithrealtor.com for more information. You can also contact me on (408) 482-0539 (Phone) or (408) 615-5795 (Fax).

Alternatives to Foreclosure

11 options when facing Foreclosure

You may be facing foreclosure... so what are your options?!? Try to look at the situation more from a financial standpoint rather than an emotional standpoint. This way you can more successfully analyze which option might best suit your needs and desires to move you towards resolving your financial difficulty. One very important thing to remember: Time is of the essence. Take time to think through your situation and make a decision. Then, take action right away so you have enough time to complete the solution you choose.

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There is An Option To Foreclosure

Foreclosure is not the only option open to you. When a person reaches a stage where the amount owed is greater than the value of the home, a short sale may be the best way out.

What Is A Short Sale?

In the simplest terms a short sale is the sale of a property that is worth less than what the home owner owes. Under these conditions a lender may agree to a sale that will realize less than the amount owed to them. In other words, if you owe $500,000, the lenders may agree to a sale for $400,000 and when that happens, your debts are cleared. Of course, there are many legal and financial issues involved and you need to be sure of what you are getting into before you opt for the short sale route.

Expert Short Sale Advice

One of the most frightening statistics today is that 90% of all home owners who try for a short sale end up losing their homes to foreclosure. The simple truth is that short selling is far more complex than it sounds and most agents are just not experienced enough and lack the skills to be able to make a success of it. Realtors who are trying to help home owners faced with foreclosure often do more harm than good because they do not even know how to negotiate with the lenders, whose interests are different from that of the home owner.

Why I Can Help

My track record speaks for itself. I have negotiated with banks and have gotten the best short sales deal for my clients. Ask any agent to show you the approval letters he has obtained from banks for short sales - few, if any, will be able to. I can show you many.

My team and I are ready to work with you on any kind of property transaction, including getting you the best short sales deals you will find. Contact me and lets work together to close the kind of property transaction that is in your best interests:

Phone: (408) 482-0539
Fax: (408) 615-5795
rick@clickhomerealty.com
www.ricksmithrealtor.com

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Here are some pictures taken during seminars on
Short Sales, Foreclosures and Real Estate in general...