4 Reasons Why the End of Forbearance Will Not Lead to a Wave of Foreclosures

by Seth PfaehlerDistressed Properties, Foreclosures, Housing Market Updates, Pricing, Short SalesPosted on Comments are Disabled

With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons why that won’t happen. 1. There are fewer homeowners in trouble this time After the last housing crash, about 9.3 …

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It’s Not Too Late To Apply For Forbearance

by Seth PfaehlerDistressed Properties, For Sellers, Foreclosures, Housing Market Updates, Selling MythsPosted on Comments are Disabled

Over the past year, the pandemic made it challenging for some homeowners to make their mortgage payments. Thankfully, the government initiated a forbearance program to provide much-needed support. Unless they’re extended once again, some of these plans and the corresponding mortgage payment deferral options will expire soon. That said, there’s still time to request assistance. …

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