Life After a Foreclosure or Short-Sale

Many families suffered through a foreclosure or short-sale these past years. The American dream of home ownership was, for some, a nightmare. You may have been one of those families and are now wondering what is next.

After many months of research it is apparent that this was one of the worst American tragedies in modern day history. Looking back we know that this tragedy was a combination of greed, deceit and misrepresentation. Ranging from loan originators marketing risky loans, to borrowers not taking into consideration their ability to make the mortgage payments. Most were simply looking for homeownership at any cost.

Our society made it too easy to purchase a home and then later too easy to just walk away. Many of you now are living with relatives or renting. Now is the perfect time to prepare to re-enter the marketplace of home ownership. This time, prepared, aware and more cautious.

The new loan guidelines require that each borrower document their income and debt. No more stated income or no documentation loans. You will actually be purchasing a home that you can afford to live in without the fear of losing it.

You can sleep at night knowing that your home belongs to you and your family. A home that you can share with your children and their children. Truly what the American dream was meant to be.