Extreme Short Sale

Natural instinct demands we protect our home but sometime it just doesn't make financial sense!

Good Afternoon and Happy Friday to all! Certified Distressed Property Expert & top Keller Williams Agent, Matt Gregory and our team here at ExtremeShortSale.com offer a helpful and free loan modification analysis. In addition to helping with loan modification analysis we’re also extremely experienced with Santa Clarita Short Sales. Take a look at the video and read below to learn more. Like the children in the video below, it’s human nature to protect our castle. Sometimes it just doesn’t make the best financial sense, but most of us feel we have to at least try first!

We are here to help! That’s right, The Matt Gregory Real Estate Group at Keller Williams VIP Properties in Santa Clarita is here to help homeowners who are in trouble with their current mortgage payments. More and more banks are offering loan modifications to these homeowners which are resolving problems for families trying to avoid short sale or foreclosure. A loan modification can be great for a family that has a temporary shortage of income or maybe facing a higher adjustable rate on a loan. Look, bad things happen to good people. These same great people that had good jobs, good credit, and a healthy financial portfolio are now in trouble and are facing foreclosure. Our advice to these people is to take action! Contact your bank and let them know your situation. Often times they may offer you a temporary or permanent loan modification to get you back on your feet. We know that a loan modification can be great as long as the terms are favorable for the homeowner.

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So one might ask: How do I know if the banks loan modification terms are right for me?

The answer is very simple. Contact the Matt Gregory Real Estate Group at Keller Williams Realty. We are offering free loan modification analysis to ANY AND ALL homeowners! We have updated software available to determine if the banks loan modification terms are right for you. We have recently helped several people make the decision to save their homes from foreclosure and relieve their stress. Please contact us with any questions and we look forward to helping you out. Remember, if your loan modification doesn’t work out, a short sale will! 

Matt Gregory 661-713-4799

Matt@ExtremeShortSale.com

Pete@ExtremeShortSale.com

A close friend from Santa Clarita, CA recently contacted Matt Gregory and asked him to help determine what he should do about his Mortgage struggles. Knowing Matt’s a Certified Distressed Property Expert & is someone that he could trust, he finally shared his financial situation. This was a huge step in itself because most of us clam up and don’t share our financial difficulties with anyone until it’s almost to late. Matt’s friend started having financial problems over a year ago. He somehow was one of the lucky few that actually received a loan modification. (Only 4% of those that apply for a loan modification actually receive one) The question is, did it make sense for him to get the loan mod? The answer is, absolutely not!! We’re all hardwired to “Protect Our Castle” or save our homes at any cost. The problem with this line of thought is it doesn’t always make good financial sense. The first thing most of us do is go broke trying to save our home. We try to handle things ourselves, and god forbid we share our problems with an expert, that can see our situation from a detached position. Back to the story, Matt’s friend now is in a position of defaulting on his loan or short selling his home. Remember, 67% of those that actually receive a loan modification will end up defaulting in the first year. Not only was Matt’s friend one of the lucky 4% that received a loan mod, he may also be one of the unlucky 67% that default within one year! Ironic isn’t it! To make a long story short, Matt’s now selling his friends home and we plan to complete the short sale transaction, before foreclosure occurs.  Matt’s friend can now move forward with his life and in a year or two he can have his credit repaired and buy another home.  

The question remains, why do many of us go broke trying to save a mortgage that we’re completely upside down on. Human nature & the “Protect Our Castle” syndrome. It’s sad but true. You don’t have to lose your retirement savings to try to save your upside down mortgage. Please don’t do that! Don’t forget, our lending institutions aren’t blameless in all this either. They had no business writing loans they darn well knew folks didn’t qualify for!!

If you’re struggling with your Mortgage:

Contact us here at ExtremeShortSale.com and we’ll be happy to schedule a confidential meeting with you to help to decide your best course of action. Most of the time it’s best to let someone from the outside see your financial situation for what it truly is. They may be able to help you to see the truth and make a sound decision regarding your future. We’re here to help you, help yourself.

 Have a great day! 

Pete & Matt Gregory

Keller Williams

ExtremeShortSale.com