Here’s the truth about forbearance and foreclosures in today’s market.
There’s currently plenty of talk out in the marketplace and news media about forbearance agreements and a possible looming foreclosure crisis. Today I’m addressing that by providing facts and figures instead of just accepting what others are saying. News media is all about getting more views and clicks, so they may sensationalize something to get you to listen or read their content. I’m sharing the information that matters so you’re truly in the know.
Feel free to watch the full message above, or use these timestamps that will direct you to various points in the video:
0:15—Introduction to today’s topic
1:10—We don’t have the high numbers of people in forbearance that we thought we would
2:05—The forbearance numbers right now
3:05—About 83% of people have come out of forbearance
4:00—The foreclosure numbers from 2006 to 2014
5:50—My advice for those considering investing in foreclosures or pre-foreclosures
6:10—Wrapping up today’s topic
As always, if I can be of service to you in any way, please call, text, or email me. I’ll take care of you.
