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Break Free From Unaffordable Mortgage Payments!

by The Pilgrim Team

 

Break Free From Unaffordable Home Financing Payments!

A recent study in Nevada (a state that holds the nation’s highest Foreclosure rate), found that only 5% of distressed homeowners knew they had alternatives to foreclosure, and only 3% took advantage of them. It was also found the 1 in 4 homeowners chose to “strategically default,” or allow their Homes for sale in york pa to be foreclosed upon on purpose!

The Realtors Association of York and Adams County (RAYAC) and the local Multiple List Service report for York County that there are currently 3236 (Active) properties on the market as of May 24th, 2011.  There are 371 Short Sales included in that total, and there have been 276 Bank Owned Properties that have closed or are pending settlement and 260 properties have sold since January 1st. These numbers represent 536 total distressed properties or 27% of the properties sold.

Clearly, too few distressed homeowners know their options and the fallout of foreclosure. If they did, they’d soon realize that there’s nothing ‘strategic’ about foreclosure, and that avoiding foreclosure is always the best plan to create financial stability.

Millions of Americans feel alone and trapped by Home Financing payments they can no longer afford. In fact, 27% of Americans with Home Loans now owe more than what their home is worth. However, more and more of them are finding education on the responsible alternatives to foreclosure is helping them move toward financial stability.

Education is key. The more distressed homeowners know about solutions, the more likely they are to overcome their financial challenges. I’ve seen this firsthand.

I can help with the education part—it’s up to you to contact Jerry Pilgrim Broker/Owner of Pilgrim Team of Professional Realty Asscociates.

 

 

 

 

Buyers Beware...This is YOUR MARKET!

by The Pilgrim Team

Buyer Beware!

If you are currently putting off buying a home here in Useful Information about York PA, you better thin again! This has been one of the best times ever to buy a home due to historically low interest rates, low home prices and a tremendous amount on Homes for sale in york pa to chose from. If you put off the buying decision until the prices have hit the bottom, you will have missed out because by the time you decide to jump into the market you will have missed the bottom and prices and interest rates could be much higher. With interest rates as low as they are and as volatile on a daily basis due to market conditions changing worldwide don't wait until it's to late.

You will need an experienced Real Estate Professional who can guide you through the decision making process based on our experience, knowledge and personal goals to make your Tips a dream a reality. Call or contact Pilgrim Team here at Professional Realty Associates so you will allow us to serve you in a way second to none in York!

 

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The Pilgrim Team
Professional Realty Associates
2002 S Queen St, Suite 3
York PA 17403
Office: 717-757-5955
717-755-2683
Fax: 717-757-2887