The Redding real estate market has seen its share of  distressed properties.  The “Making Home Affordable” program that the US government launched in 2009 is a great resource for homeowners that are experiencing hardships due to current economic conditions.  We’ve seen this a lot in the Redding and surrounding areas and are working to use this information to help educate homeowners that there are other options besides foreclosure.  Often times lenders are willing to work with homeowners as the foreclosure process is expensive for the bank as well as the homeowner.  They may be willing to do a loan modification or even participate in a short sale (sell the home for less money than what is owed on your current loan) or do a “deed in lieu of foreclosure”.

Video #1 in a series:

If you have any questions or need assistance talking with your bank we are here to help!  We know what to ask the bank to determine if you qualify for other programs and can assist you with a short sale as we have help others in the past.

Clint and Mindy Cronic

Next Generation Real Estate Services

Redding Foreclosure Website

Our Real Estate Website

Phone: 530.227.0345

Email: contactus@sellingredding.com

DRE License #01314114/01458166

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