Tammy Mitchell Hines Helps Illinois Homeowners Avoid Foreclosure
Online, December 8, 2009 (Newswire.com) - In the face of today's economy, many homeowners find themselves in a position that they never thought possible - facing foreclosure. The loss of a job, medical bills, or an unexpected hike in monthly payments can all make a mortgage unaffordable and turn their home from a joy into a burden.
There are however options available that many distressed homeowners may not be aware. This is where homeowners need the assistance of a qualified and experienced real estate expert. TammyMitchell Hines of Tammy Mitchell Hines & Co. is armed with the tools and knowledge to assist distressed Illinois homeowners who may be facing foreclosure and are looking for solutions. One of those solutions is a short sale.
A short sale is the sale of a house in which the proceeds fall short of what the owner still owes on the house. Many lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed on the mortgage when the owner cannot make the mortgage payments. By accepting a short sale, the lender and owner can avoid foreclosure which can be a lengthy process and expensive for the Bank.
Tammy Mitchell Hines can help you in exploring the possibility of a short sale for your property, avoid foreclosure, and potentially save your credit rating. Visit www.avoidforeclosureinillinois.com. Tammy is dedicated to assisting today's homeowners and will guide you through the process of making the right decision for you.
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Tags: avoid foreclosure, distressed property, foreclosure solutions, homeowners, Illinois, mortgage, Real Estate, real estate expert, short sales