Short Sale Realtors: Bloomfield / Birmingham / Novi / Troy / Rochester / Beverly Hills / West Bloomfield / Franklin / Royal Oak / Huntington Woods / Oakland County / Detroit Metro Area The Mike Realtor Team!

Waterford Short Sale Realtor Tip #20, Whose Turn is it to Call the Bank?, Bloomfield Hills, Michigan! Mike Sher

Mike Sher (Max Broock Realtors) — Sun, 09 Aug 2009 13:06:12 -0400

I was talking to a Birmingham Short Sale Seller who happened to be listed with another Realtor (no one is perfect :) ). The Seller happened to have read my blog and was calling me for advice. His/her agent, a well known and accomplished local Realtor, was not as proficient in Short Sale negotiations as the seller thought they would be. The Seller became aware of this after signing a six month listing agreement. The problem was the listing Realtor was barley communicating to the bank at all with an offer that was 2 months old and getting older. The seller had picked up the slack and was calling the bank in hopes to get the Short Sale through.

In theory the Seller calling the bank is a good idea, especially if the listing agent is with out a team and lacks the people power needed to get a short sale through.

I have a team of people who in conjunction with my efforts are all calling the bank. But the difference between The Mike Realtor Team calling the bank instead of the Seller is:

1. We log our calls, I know exactly: what the last team member did;

a. What number they called?

b. Who they called, name, extension, ID#, Dept...

c. What was said, so we can quote them later...

d. When was it said, date, time?

e. What does the time line look like?

f. What is the next action for this file?

g. Do we have a negotiator?

h. What is his/her name?

i. How can I reach them?

j. Has a BPO been completed?

2. If the seller talks to the bank, they could be pressured into a commitment that they would like to avoid.

a. Since we our not principals of the Short Sale, we are able to avoid;

i. The banks efforts to pressure or threaten the seller.

ii. Give the Seller the opportunity of time to consider all of the bank requests.

3. The Mike Realtor Team does this for a living;

a. We never get angry.

b. We never get frustrated.

c. We know the right questions to ask.

d. We know when we are getting the run around.

e. We keep our Eye on the Ball and focus on the closing!!

f. And we are aware of all aspects of the Real Estate Transaction.

In short, whose job is it to call the banks, the party best suited for success. This may be the Realtor, the Seller, or an Attorney. BUT, before you sign the listing ticket, make sure you know what to expect, what will be expected and who will be calling the bank?

Mike Sher,

Office: (248) 644-4700x242 Fax :(248) 499-1020 Bloomfield Hills, MI 48302 E-mail: mike@mikerealtor.com

CDPE (Certified Distress Property Expert)

MCAR, Short Sale Trainer

Max Brook and Real Estate One Short Sale Specialist.

The Mike Realtor Team Blog - Metro Detroit/Oakland County

Servicing in Southeast Oakland County, Auburn Hills, Birmingham, Bloomfield, Berkley, Beverly Hills, Canton, Clawson, Farmington Hills, Ferndale, Huntington Woods, Northville, Novi, Pleasant Ridge, Plymouth, Royal Oak, Rochester Hills, West Bloomfield, Troy, etc. We worked with: Bank of America, Country Wide, HSBC, EverHome, Litton, GMAC, Chase, Wells Fargo, Flagstar, Fifth Third, Charter One, Comerica, Am Trust, US Bank, National City

But, We Can Help!

This is a competitive real estate market. If you have to sell and can not, perhaps it is time to look at a Short Sale. The Mike Realtor Team has performed dozens of Short Sales for professionals who have lost their job, income has declined, medical problems, relocation, retirement, divorce, loss of spouse, unable to make ends meet, or other reasons not listed.

Birmingham Short Sale MI, Stop Foreclosure and Save Your Credit, Mike Sher (248) 644-4700 x242

Mike Sher (Max Broock Realtors) — Wed, 11 Aug 2010 17:14:00 -0400

Don't be fooled, you are judged on your credit report and score. Your credit is a heavily weighed factor when buying a car, renting a home, getting a job, applying for a loan, determining the cost of insurance and much more. Sadly, most people don't realize the importance of their credit until after foreclosure.

Foreclosure is one of, if not the biggest bombshell on your score. Alex Charfen, CEO of the Distressed Property Institute states "I have personally seen a short sale only lower credit scores by as little as 50 points, as opposed to the 250 to 300 point drop from a foreclosure. Additionally, the credit effects of a short sale can be as brief as 12 to 18 months, whereas a foreclosure will typically impact your credit score for more then three years".

Many lenders are open to a short sale to avoid a foreclosure even when the borrowers are still current. Often homeowners ignore the early warning signs of foreclosure until they are in deep default. Acting before missing your first payment truly mitigates the devastating damage of foreclosure on your credit.

[Whether the bank forecloses on your house or you walk away, the impact is the same, says Craig Watts, senior national public relations manager with FICO, the creator of the FICO credit score. "A person's credit report doesn't include information about assets, income or the ability to pay," he says. So a person or scoring formula that sees ‘foreclosure' on the credit report doesn't know why the borrower stopped paying, only that she or he did."] Amy E. Buttell, Cyberhomes Contributor Published: January 21, 2010 reported

Another important tip to know is that presently a short sale is not specifically reported on a credit report. A foreclosure is reported for at least 10 years, so those looking for employment, seeking a security license or working in the finance field may find road blocks toward a better future when your credit report comes back to haunt you. There is a big difference between Short Sale vs a Foreclosure.

Mike Sher of Max Broock Realtors Bloomfield Hills is offering free foreclosure avoidance with Short Sales seminars at 6pm on , 8/17/10, 8/23/10 9/14/10 and 9/28/10 Call him at 248-644-4700 x242, email: team@MikeRealtor.com. Also learn more at www.ShortSaleOaklandCounty.com

Mike Sher

The Mike Realtor Team sells Homes in Bloomfield, Birmingham, Beverly Hills, Farmington, West Bloomfield. Rochester, Troy, Novi, Huntington Woods, Royal Oak & Auburn Hills. Call us at (248) 644-4700 X 242 or check us out at www.ShortSaleOaklandCounty.com or www.mikerealtor.com Mike Sher

Short Sale Rochester Hills MI / Oakland Twp Just Sold, Oakland County MI Mike Sher 248 644-4700 x 242Max Broock Realtors (edit/delete)

Mike Sher (Max Broock Realtors) — Wed, 11 Aug 2010 18:02:09 -0400

Short Sale Rochester Hills / Oakland Twp Just Sold, Oakland County MI Mike Sher Max Broock Realtors

The Mike Realtor Team sells Homes in Bloomfield, Birmingham, Beverly Hills, Farmington, West Bloomfield. Rochester, Troy, Huntington Woods, Royal Oak, Northville & Auburn Hills. Call us at (248) 644-4700 X 242 or check us out at www.ShortSaleOaklandCounty.com or www.mikerealtor.com Mike Sher

The Mike Realtor Team is proud to announce that our Oakland Twp Home has recently SOLD. With our 90% Short Sale success rate, the Mike Sher Team is has saved another home from Foreclosure. If you are looking to sell your home or looking to buy a great home for a great price, the Mike Sher Team is here to help. Call us at (248) 644-4700 X 242 or check us out at www.ShortSaleOaklandCounty.com or www.mikerealtor.com Mike Sher

Short Sale Troy, MI When Facing Foreclosure: Research, Educate and then Act. By Mike Sher, (248) 644-4700 x242 Max Broock

Mike Sher (Max Broock Realtors) — Wed, 04 Aug 2010 14:52:24 -0400

Short Sale Troy, MI When Facing Foreclosure: Research, Educate and then Act.

By Mike Sher, (248) 644-4700 x242 Max Broock

Often you will find ads that are miracle solutions to your financial problems. "A Magic Bullet" that if you pay $XXX then all of you financial woes will be solved. Remember what your mother said, "if it is too good to be true, it most likely is." You must Avoid Loan Scams. Take charge of the process:

Do your research, learn about the options; both the positive and negative outcomes. Educate yourself so when you meet a "Foreclosure Solution Provider", you understand what they are offering and if it sounds accurate to what you learned. Lastly you must act; doing nothing will only cause more damage and hardship to your credit, your family & yourself. Once you've done your research through education, you then can act with a confidence that will lead you out of hole and into the light!

Mike Sher of Max Broock Realtors is offering free foreclosure avoidance with Short Sales seminars at 6pm on 8/10, 8/17 and 8/23. Call him at 248-644-4700 x242, email: team@MikeRealtor.com. Also learn more at www.ShortSaleOaklandCounty.com

Mike Sher

Oakland County Short Sale Class!: Avoiding the Pitfalls of Foreclosures. Troy, Bloomfield, Rochester & Birmingham By Mike Sher

Mike Sher (Max Broock Realtors) — Mon, 26 Jul 2010 19:52:58 -0400

Avoiding the Pitfalls of Foreclosures & Short Sales

Nationally, ONE out of EIGHT homeowners is behind on mortgage payments. We can help our neighbors in need and prevent foreclosures with information alone! The current US housing market and financial crises has affect ALL of us!

Chances are you or someone you know is having trouble making their mortgage payment each month and doesn't know their options are. As a service to our community, I've decided to host a FREE Foreclosure Avoidance Seminar to give information, help and advice on what to do when you're upside down on your mortgage.

Avoiding the Pitfalls of Foreclosures, a program designed for Homeowners - What you need to know, what your options are, and what you need to make sure your Agent knows and is doing! Learn the "What," "Where" and "Why" and "How" to navigate through the pitfalls of the tens of thousands of distressed properties that are plaguing our market!

Additional topics include:
- WHAT IS A SHORT SALE? Understand the TRUTH about how Short Sales & Foreclosure and how they differ. Learn the Facts & Myths, what the aftermath will be for the borrower, how Sherriff Sales & redemption period work.

- OMG, WHAT ARE ALL THESE GOV'T ACRONYM'S?! HAFA, HAMP, MHA: Understanding HAMP, HAFA for non-GSEs and the new HAFA for Fannie Mae and Freddie Mac starting August 1, 2010. Who is eligible and do they really work?

- And MUCH more! Get the facts, you can not afford to miss this - educate yourself no matter what role you play!

Avoiding the Pitfalls of Foreclosures & Short Sales is presented by Mike Sher, Associate Broker, CDPE & Short Sale instructor; along with one of his expert attorneys.

Class schedule:

July 28^{th, 2010}6-7:30pm : Avoiding the Pitfalls of Foreclosures & Short Sales

Location: Metropolitan Consolidated Association of REALTORS

2125 Butterfield Rd., Suite 100 | Troy, MI 48084

Aug 10^{th, 2010}6-7:30pm : Avoiding the Pitfalls of Foreclosures & Short Sales

E-title : 1650 W. Big Beaver, Troy, MI 48084

Aug 17^{th, 2010}6-7:30pm : Avoiding the Pitfalls of Foreclosures & Short Sales

Real Estate One Corporate Office: 25800 Northwestern Hwy., Southfield, MI 48075

6-7:30 avoid the pitfalls as a buyer or seller Foreclosure and short sales homes

Aug 23^{rd, 2010} 6-7:30pm : Avoiding the Pitfalls of Foreclosures & Short Sales

Location: Metropolitan Consolidated Association of REALTORS

2125 Butterfield Rd., Suite 100 | Troy, MI 48084

RSVP to ShortSale@MikeRealtor.com , tell us which class or classes you will be attending. Call for more information 248.644.4700 x 242.

Short Sale Novi/Birmingham MI, 10 tips to make Bank of America's Equator move quicker! Mike Sher (248) 644-4700 x242 Max Broock Distress Expert.

Mike Sher (Max Broock Realtors) — Tue, 08 Jun 2010 09:57:54 -0400

Mike Sher 2009 Track Record: 56 homes sold, 22 Short Sales and 365 of Focus

A ton of agents are complaining about equator and how it does not work well with Realtors. I think the bigger problem is that we Realtors need to figure out how to work with Equator. So here are ten ways to make equator "Realtor Friendly"!!

Download the BOA Short Sale Equator guide http://bankofamerica.reo.com/documents/AgentEducationGuide.pdf
In your listing presentation, prepare your seller on how to work with equator.
On your addendum's to your purchase agreement include "buyer agrees to supply listing agent first 5 digits of buyer's social security number, address, phone number and date of birth 24 hours after mutual acceptance of offer."
After starting the short sale on equator (make sure you seller is available) 3 way call 866.880.1232 to set up the borrower on Equator
PDF in advance, into individual files, the borrowers tax returns, last two pay stubs, bank statement, hardship letter, financial statement, w2's and etc.
Check Equator daily to see if you have any open tasks, complete them ASAP!
Email through equator 24 to 48 hours after you have completed a task.
Call equator weekly if your account has been idle on the BOA side, have the customer service person trigger the account.
upload bank statements and pay stubs when every your seller gets them.
if you lose the buyer, be prepared to start over again and not to lose your cool!!!

Good luck and for any Michigan short sale seller's out there, contact me. I would be glad to help.

Short Sale West Bloomfield MI, know how to accept a Bank of America Equator Counter offer Mike Sher (248) 644-4700

Mike Sher (Max Broock Realtors) — Thu, 08 Jul 2010 13:50:13 -0400

Below is an email from BOA explaining how Counter offers are to be handled and the fact that though BOA may accept an offer, the file still must be approved from the investor. Good info, Read Below:

Realtors have told us the better they understand the counter offer process, the more successful they are in closing short sales.

The following facts related to the counter offer process are critical to closing short sales in Equator.

act #1: Your acceptance of the counter offer terms does not mean the transaction is approvedAcceptance of the counter offer means that Bank of America will take the next step of presenting the transaction for approval to the investor. In some short sales, multiple approvals may be necessary from others including the second lien holder, mortgage insurer and Bank of America senior management.

Fact #2: The terms of the accepted counter offer may be approved, declined or changed Any of the parties reviewing the transaction can change the terms of the transaction, approve or decline it.

Fact #3: The counter offer may have an expiration datePlease reply to the counter offer before the expiration date. If you don't reply by the expiration date the transaction will be rejected and you must restart the process by initiating the short sale and resubmitting documents.

Fact #4: The counter offer must be accepted via the offers management tool in Equator To accept the counter offer, go to the "Workflow" section of Equator and select the "Offers Needs Response" link. Select "Counter Offer" and press the "Accept" button in the Counter Offer screen. You cannot accept a counter offer via an Equator email to your negotiator.

By understanding these key facts, you will be in a position to better help the homeowner complete a successful short sale transaction. For other questions you have about the short sale process and Equator, refer to our informational guide at the following link: http://bankofamerica.reo.com/shortsaletraining

Troy/Rochester MI Fast Track to Short Sale July 28th. Mike Sher, (248) 644-4700 x 242, Max Broock

Mike Sher (Max Broock Realtors) — Tue, 29 Jun 2010 12:30:45 -0400

MCAR is proud to present Fast Track to Short Sale Success, a program designed to help today's agents guide clients through the short sale and foreclosure process. The last time we offered this program it filled up quickly, so don't miss this fresh opportunity to put yourself on the Fast Track on July 28 (register). Even better: the event is free for MCAR members!

Fast Track to Short Sale Success covers the "What," "Where" and "Why" of the short sale process from three different perspectives. Learn the roles and responsibilities of the REALTOR®, the negotiator and the foreclosure attorney during the short sale process. Understanding the core goals of each party involved in the short sale transaction will lead to smoother interactions and a more positive experience for your clients.

Additional topics include:

The REALTOR'S® role in the short sale transaction and fiduciary reasonability in a short sale
Understanding HAMP, HAFA for non-GSEs and the new HAFA for Fannie Mae and Freddie Mac starting August 1, 2010
Issues that may arise after the short sale
What short sale transactions will look like in the future
And MUCH more

Fast Track to Short Sale Success, presented by Mike Sher, is Wednesday, July 28 from 3 pm - 5 pm at MCAR's Troy location. Click here to register online.

Copyright © 2010 Metropolitan Consolidated Association of REALTORS®
2125 Butterfield Rd., Suite 100 | Troy, MI 48084
(248) 879-5730 (phone) | (248) 879-8280 (fax)

Short Sale Birmingham MI Just Sold, Oakland County MI Mike Sher 248 644-4700 x 242Max Broock Realtors

Mike Sher (Max Broock Realtors) — Tue, 29 Jun 2010 09:28:20 -0400

Short Sale Birmingham Just Sold, Oakland County MI Mike Sher Max Broock Realtors

The Mike Realtor Team is proud to announce that our Birmingham Home has recently SOLD. With our 90% Short Sale success rate, the Mike Sher Team is has saved another home from Foreclosure. If you are looking to sell your home or looking to buy a great home for a great price, the Mike Sher Team is here to help. Call us at (248) 644-4700 X 242 or check us out at www.ShortSaleOaklandCounty.com or www.mikerealtor.com Mike Sher

Birmingham MI Short Sale, Fannie & Freddie Accepting HAFA S,Mike Sher (248) 644-4700 x242 Max Broock Distress Expert

Mike Sher (Max Broock Realtors) — Wed, 02 Jun 2010 17:21:23 -0400

Great news!!! Freddie Mac and Fannie Mae are now processing their loans though the HAFA guidelines. This will open up the opportunity for many home owners to sell thier home with less repercussions then a foreclosure!!

Call Mike Sher at 248 644-4700 for Michigan Short SaleSeller soultions

Read the below article by Carrie Bay of DSnews.com

GSEs to Begin Accepting HAFA Short Sales

By: Carrie Bay 06/01/2010 DSnews.com

Fannie Mae and Freddie Macboth issued new guidelines to servicers Tuesday, which allow homeowners with GSE loans to pursue a short sale or deed-in-lieu of foreclosure if they are unable to secure a modification under the government's foreclosure prevention program.

When the Treasury's Home Affordable Foreclosure Alternatives (HAFA) program rolled out in early April, officials explained that the GSEs' loans were not eligible - an interesting omission considering Fannie and Freddie are operating under full government control and have been positioned as the support columns of the administration's response to the housing crisis.

The GSEs' exclusion from HAFA was puzzling to a number of industry experts and a common query posed by our DSNews.com readers. In response, Treasury officials said then that they were anticipating Fannie and Freddie to launch their own short sale-friendly programs - and those announcements came Tuesday.

Both Fannie Mae and Freddie Mac encouraged servicers to begin implementing their HAFA procedures "immediately." By August 1, 2010, all Fannie Mae and

Freddie Mac servicers must have incorporated HAFA into their operations and begin offering HAFA solutions to eligible borrowers. The program is effective through December 31, 2012.

Like the original HAFA guidelines issued from Treasury, Fannie and Freddie loans must first be found eligible for the Home Affordable Modification Program (HAMP). If the borrower then fails to fulfill their HAMP obligations, a HAFA short sale or deed-in-lieu will be offered, but unlike the non-GSE HAFA program, Fannie and Freddie stipulate that HAFA can be applied only after "all other home retention workout options have been exhausted."

According to the HAFA servicing guideissued by Fannie Mae, "All servicers must implement Fannie Mae's HAFA for all conventional mortgage loans that are held in Fannie Mae's portfolio, that are part of an MBS [mortgage-backed securities] pool that has the special servicing option, or that are part of a shared-risk MBS pool for which Fannie Mae markets the acquired property.

Freddie Mac's HAFA servicing bulletinspecifies "first-lien mortgages owned, guaranteed, or securitized by Freddie Mac that were originated on or before January 1, 2009."

The GSEs will pay financial incentives to both servicers and borrowers who make use of a short sale or a deed-in-lieu to avoid a foreclosure on a HAMP-eligible loan. Servicers will receive $2,200 for every HAFA short sale and $1,500 for every HAFA deed-in-lieu completed. Borrowers are entitled to an incentive payment of $3,000 to assist with relocation expenses.

The Treasury recently raised its HAFA payouts. For both short sales and deeds-in-lieu completed on non-GSE loans, servicers get $1,500, and $3,000 goes to the borrower.

Northville/Novi MI Short Sale Just Sold, Oakland County MI Mike Sher 248 644-4700 x 242Max Broock Realtors

Mike Sher (Max Broock Realtors) — Fri, 11 Jun 2010 16:08:07 -0400

Short Sale Northville Just Sold, Oakland County MI Mike Sher Max Broock Realtors

The Mike Realtor Team is proud to announce that our Northville Home has recently SOLD. With our 90% Short Sale success rate, the Mike Sher Team is has saved another home from Foreclosure. If you are looking to sell your home or looking to buy a great home for a great price, the Mike Sher Team is here to help. Call us at (248) 644-4700 X 242 or check us out at www.ShortSaleOaklandCounty.com or www.mikerealtor.com Mike Sher

West Bloomfield MI Short Sale Just Sold, Oakland County MI Certified Distress Property Expert

Mike Sher (Max Broock Realtors) — Fri, 04 Jun 2010 09:43:17 -0400

The Mike Realtor Team sells Homes in Bloomfield, Birmingham, Beverly Hills, Farmington, West Bloomfield. Rochester, Troy, Huntington Woods, Royal Oak & Auburn Hills. Call us at (248) 644-4700 X 242 or check us out at www.ShortSaleOaklandCounty.com or www.mikerealtor.com Mike Sher

The Mike Realtor Team is proud to announce that our West Bloomfield Home has recently SOLD. With our 90% Short Sale success rate, the Mike Sher Team is has saved another home from Foreclosure. If you are looking to sell your home or looking to buy a great home for a great price, the Mike Sher Team is here to help. Call us at (248) 644-4700 X 242 or check us out at www.ShortSaleOaklandCounty.com or www.mikerealtor.com Mike Sher

Franklin MI, Short Sale's & REO's = 60% of the Market, Can't Run From it, Have to Embrace it! Mike Sher (248) 644-4700 Distress Property Expert.

Mike Sher (Max Broock Realtors) — Tue, 01 Jun 2010 12:21:40 -0400

Three years ago the average realtor would not show a Foreclosure/Short sale home, let alone list one. At that time, 91.5% of sales were traditional retail. The fact that majority of agents would not touch those "Whole Sale" properties created a nitch for a few specialized Realtors. These agents learned how to work with distress properties. They became both successful and were able to make a living in a tough Real Estate market.

Now that 60% of home sales are distressed, every realtor, mortgage broker and Title Company have become A Short Sale Expert Overnight!! The traditional realtor needed to get in to the distress market to survive but often lacks the experience, understanding, patience and education to successfully sell a distress home. Also many listings were not short sales in the beginning. Later they find themselves underwater but locked in to a listing contract with a Realtor who has never sold a Short Sale before. Sadly many sellers lose their home because the agent they started are offten unequipped to handle the short sale.

That is why all of us Realtors need to get smarter and wiser about how to work with these properties. The sellers today will remember the agents that helped them when other would not. Those Sellers will also remember the pretenders, the agents with no education or experience who drove their client into foreclosure.

Short Sale Birmingham MI, Pick the Realtor with Experience! Mike Sher (248) 644-4700 x242 Max Broock Distress Expert.

Mike Sher (Max Broock Realtors) — Thu, 27 May 2010 08:56:06 -0400

Mike Sher 2009 Track Record: 56 homes sold, 22 Short Sales and 365 of Focus

Many Short Sale sellers pick a Realtor because of a past real estate transactions or none real estate relationship. This Realtor is a friend, family, past buyer's agent or Sellers agent before the bottom dropped. Though that was the way to find a Realtor in the past, now you need a Realtor that is thriving in today market. With a Short Sale, you do not want the agent who is gaining on the job experience with your short sale.

Remember, with a short sale, you may only have one chance to get it right. That is why pick a Short Sale Realtor with a proven track record of success. Ask for proof of multiple past short sales sold, references and testimonials. Like the Testimonial below. More short sales fail then succeed often because the seller chooses the wrong Realtor.

Birmingham MI Short Sale Tip , 10 reasons why to avoid Foreclosure, Expert, Mike Sher, (248) 644-4700 x242

Mike Sher (Max Broock Realtors) — Fri, 21 May 2010 21:14:47 -0400

Birmingham MI Short Sale Tip #41, 10 reasons why to avoid Foreclosure, Expert, Michigan. If you are facing foreclosure, please read the list below. But do not lose hope; my brokerage has helped 100’s Detroiters avoid foreclosure with a short sale. Do not become a statistic, call me today at (248) 644-4700 x242, email mike@mikerealtor.com or find me on the web: www.ShortSaleOaklandCounty.com We have a 90% success rate and we will provide both answers and references. Mike Sher, Max Broock Realtors.

1. You cannot buy again for 5 to 10 years.

2. A foreclosure is stuck on your credit for 7 to 10 years.

3. Most employers pull credit which will hurt you chances of future gainful employment.

4. It is hard to get a security license when you have a foreclosure on your record.

5. Foreclosure is losing power and giving in to the banks.

6. In most States, you will still owe the debt even when they foreclose on you.

7. Your credit shows your credit worthiness, poor credit sadly is viewed as a bad person.

8. A Bank owned homes sells for 35% to 45% less then a Short Sale; this hurts your neighbors and friends.

9. A Foreclosure is public information and everyone will know you sad situation.

10. Most landlords choose tenants on credit; it will be hard to find a new place to live.

Call me if you are ready to help yourself!!

Mike