Distressed homeowners who want to KEEP their homes are a forgotten class. Real estate search giant Trulia is the latest mediatainment player that sees the distressed home market as a pool of buyers and sellers and panders to the hungry investor. Never mind the hundreds of thousands, maybe 2 million, homeowners who would prefer a choice to remain in their homes!
From Trulia press release:
" ... we scoured Trulia Voices to find a panel of foreclosure specialists across the country to provide some advice."
Sadly, there is no advice for homeowners facing foreclosure. The distressed homeowner is the invisible man in terms of real estate industry outreach and support.
Relevant links:
Let's Learn How to Help Americans KEEP Their Homes
Podcast: How REALTORS Can Help Americans KEEP Their Homes
Voices of Foreclosure - Homeowners Sing a Victorious Tune Homeowners around the country are successfully staving off foreclosure with consumer advocates at Ac...
10 Tips to Help Homeowners Avoid Foreclosure Keep all of your loan and sale documents, consult competent help, and avoid foreclosure rescue scams...
Hi Frances!
Hope all is well with you.
The study was specifically addressing home buyers. However, homeowners are using Trulia Voices everyday to get information about foreclosures. Maybe we can reach out to our community again in order to put together a Top 10 list for homeowners facing foreclosure? Thanks for the inspiration Frances.
Rudy
Social Media Guru at Truia.com
Posted by: Hi! I'm Rudy from Trulia.com | May 13, 2008 at 01:49 PM
thank you
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Posted by: plazma kesme makinası | May 19, 2008 at 01:16 AM
There are many scams that claim to want to help the homeowner. One problem legitimate investors have in trying to help the homeowner keep the home is that they are seen as scam artists even if they are not. And if, the homeowner loses the house anyway, even after investor help, the investor will look like even more of a crook.
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Posted by: Las Vegas Short Sales | May 16, 2011 at 08:45 AM
It is really distressing to see people facing foreclosure and having very little alternatives and solutions available. Loan modifications for the most part have failed. Banks appear to arbitrarily deny loan modifications and constantly are losing paperwork that clients have submitted over and over again.
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