Today we’re announcing the release of our new Foreclosure Report, aimed at providing detailed explanation to the Foreclosure process while also sharing local resources, listings and actionable advice.
These articles and expert resources have never been more imperative. According to the Neighborhood Housing Services of Chicago, nearly half of delinquent borrowers didn’t contact their lender because they didn’t know the lender might be helpful. About a third feared the lender would foreclose faster. This misinformation is extremely concerning, and demonstrates the need for a concrete source of information and advice.
Also included in the report is a section for real estate investors, focused on highlighting the many hurdles involved in buying a distressed or foreclosed property.
Listen to this my interview with Janine Sieja, Editor for Cyberhomes.com
Other highlights of the Foreclosure Report include:
- A foreclosure timeline detailing each step of the foreclosure process, and what action is recommended for each particular stage going forward.
- Real life stories from distressed homeowners who have saved their properties, and those who are currently in the foreclosure process.
- Compelling galleries of markets and neighborhoods that have been hit hardest by the surge and special reports on those areas that are thriving.
- An interactive map to find local foreclosure assistance.
- Advice to homeowners on the right loan modification to consider and how to avoid mortgage rescue scams.
- A glossary of foreclosure terms and definitions to help make sense of what consumers may be reading online, hearing from their lenders or receiving in the mail.
- Nationwide database of for-sale listings of foreclosed homes, searchable by zip code or neighborhood.
If you would like to join with Cyberhomes to help Americans confront foreclosure, add this badge to your website. Together we can make a difference!
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There is obviously a lot to know about foreclosure. I think you made some good points in Features also.