Call Brian LaDue... Your Michigan Short Sale Specialist

---

Disclaimer:
Please note that all states have different foreclosure laws. What applies in California doesn't necessarily apply to Michigan. Feel free to call me anytime for a free confidential over the phone or in person consultation.

 

Mortgage Walk Aways It's estimated that one million Americans walked away from homes "underwater" or worth less than their mortgages even though they could afford the payments. Morley Safer reports on this trend, called strategic default, that threatens the economic recovery. YOU ARE WATCHING

Underwater, Waking Away Insight on the growing number of "strategic default" cases, with Chad Ruyle and Peter Safronoff, strategic defaulter. Click to watch

Underwater? Just Walk Away!    Homeowners who owe more than the value of their homes should walk away and not feel the slightest bit guilty, says Brent White, University of Arizona law professor.   Click to watch

Strategic Default In March 31% of foreclosures were "strategic default," up from 22% a year ago, with CNBC's Diana Olick.  Click to watch

Cashing Out With A Short Sale Rising interest rates are making some mortgage payments unaffordable, leading to a record number of foreclosures. Hannah Storm talks about the advantages of the short sale  Click to watch

Protecting Assets During Short Sale Financial questions answered.  Click to watch

Foreclosures May Cost Security Clearance Foreclosures can cause government employees to lose their security clearances and jobs. Another reason to Short Sale your home. Click to watch

What To Do If You're Facing Foreclosure Great advise from CNN Click to watch

Shattered Dreams: Is Your Home Under Water? Real estate guru Bob Massi on questions surrounding bankruptcy, foreclosure and short sales. Click to watch

Short Sale Foreclosure Alternative to the mortgage crisis No video, but great information... Click to listen

---

Foreclosure Scams on the Rise! 

So please pass this on the information below to all home owners!

This info comes from a book I co-authored with Tim and Julie Harris from the Harris Real Estate University.

Call me and I will get you a copy of my book out to you ASAP.

Foreclosure Scams are on the rise because of the increasing number of foreclosures. It's very important to me to educate homeowners so they know about these scams..

Here are a few things you can do to avoid foreclosure scams...

* DON'T SIGN any papers that you don't fully understand, or you could make bad   matters worse.

* DON'T SIGN any papers that you feel pressured into signing. Take your time.

* DON'T MAKE mortgage payments to anyone other than your lender.

* DON'T SIGN over the deed without some closure or agreement for your protection. Talk to your attorney or title company if you need help.

* DON'T EVER pay anyone who claims to stop foreclosure. You can stop the auction yourself.

Consult a Real Estate Attorney if you are unsure of anything!

Posted by Brian LaDue, Broker Owner, Lakeside Property Shop  www.brianladue.com