I have a very important topic to speak to you about. Many individuals, like many of you, ended up getting a forbearance on your loan when COVID hit. For whatever reason, you took a pause on your mortgage payment with your mortgage lender. Six months later, now those payments are coming due. I’m hearing of individuals that are ignoring the message and are willing to walk away from their home. That is the biggest mistake you can make!
If you bought a home in the last year, two or three, or even more, there’s plenty of equity for you to pay off the forbearance, pay off the home balance, and have cash for you to move to your next home. Whether you choose to rent or even if you don’t, that’s cash that goes into your pocket. Please, understand that the worst thing you can do is walk away from your home and ignore the forbearance. It doesn’t go away, so reach out to us confidentially. There is no obligation. We are here to help you. Statistically, economist are saying that about 10% of the people that asked for a forbearance, are not going to be able to make their payments. Once they come due, now that time is up, payment is due. So, know that you don’t have to short sale, you don’t have to foreclose, and you don’t have to walk away. There are solutions to your challenge. We are, with tremendous compassion, here to help you and educate you to make sure that you don’t find yourself in that position of walking away from it. At the end of the day, our goal is for you to have money to move forward with your life.
If this message resonates with you, or someone you know, please share it. We are here to help and make sure no one finds themselves in a position where they will end up hurting themselves in the long run. Don’t ignore it. There is a solution.