Friday, August 29, 2008

Foreclosures & Ribs!

My work in real estate has been a real joy. For the most part, the sale of each property results in happy sellers and buyers; a win-win scenario!

But more recently I have had the difficult task of helping some homeowners through near foreclosure of their homes. These are not folks who were buying on spec to churn prperty or making poor decisions. For various reasons, they found themselves in a predicament none of us would choose to be in. It was a mind-expanding experience for me and I consider it a privilege to have been involved, albeit not what any of us would wish for.

Luckily we were able to work through the issues and avoid the loss of their homes. Working with owners whose loan is delinquent and facing foreclosure and whose loan service is nowhere to be found is daunting. Those involved easily feel helpless and hopeless.

But there is help through a coalition called HOPE NOW ALLIANCE. The Wisconsin Housing and Economic Development Authority (WHEDA) has partnered with 19 housing counseling agency locations along with lenders, investors, trade associations and others to help track down the loan servicer and explore options for the homeowner forcing foreclosure to hopefully find a solution.

If you know someone that needs help, please encourage them to contact their local non-profit counseling agency at: http://www.wisconsinforeclosureresource.com/cc.asp

On a more positive note: Don't forget that this weekend is the Rib & Brew Fest in Hayward. The weather forecast is: "another Chamber of Commerce weekend"! Come on up and see us!

Life Is Good...Enjoy!

Gary Nathan
Amanda Mavis
Woodland Dev & Realty
Hayward, WI
715-699- 4040

nathan@cheqnet.net
http://www.garynathan.com
http://www.haywardwaterfront.com