1.  You will always have to disclose that you have had a foreclosure on any mortgage application in the future and this will have an adverse affect on your mortgage rate.  This is the only credit item that is asked specifically and does not rely on what is on your credit report. THERE IS NO SEVEN-YEAR LIMIT ON THIS ITEM!
2.  Your credit scores will be lowered by 300+ points and a foreclosure is the most devastating credit issue you can have in relation to future credit availability.
3.  A foreclosure is the one credit report item that is impossible to have repaired.
4.  Your lender can seek a deficiency judgment against you and collect for any amount they do not recuperate at a bank sale plus their cost to foreclose.
5.  Many employers run credit checks on prospective employees and foreclosure is one of the top items that will put a potential new hire in jeopardy.
6. Security clearances and government positions including but not limited to military and law enforcement can be jeopardized by a foreclosure.
7.  You may be responsible for any deficiencies after foreclosure for an indeterminate period of time depending on the state you live in AND can land you as the foreclosed home owner in a never ending collection cycle.
8.  As your CDPE (Certified Distressed Property Expert) Realtor I will explore every option with you and work towards a successful resolution.  

MY SERVICE TO YOU IS ABSOLUTELY FREE.  


         1538 CAREER SALES!  
43 Sales Thru 5/19/10
We Have The Experience,  Expertise and Marketing Skills To Get You Top $$$!

Only the Ed Goldfarb Team Features:
 
Obeo Virtual Tours:  The most professional photographs and virtual tours in the real estate industry are attached to your home's listing website

Ring Central Service:  So, we never miss your call and calls from agents making  offers on your home.  Ring Central also takes messages, faxes and tracks all calls

Centralized Showing Service:  a 100% reliable service so we NEVER miss a showing appointment. CSS  not only makes the appointments, but tracks all showing and emails to you showing reports in real time.

Realtor.com:  The most important website in the real estate industry.  Your home is highlight with it's own' webpage which includes enhanced photographs, virtual tours and ad copy to draw more traffic into  home.  

More traffic, more showings, more offers for more money.

17 Years With RE/MAX Now A Keller Williams Realtor.
 
RE/MAX Lifetime Achievement
RE/MAX Hall of Fame
RE/MAX Platinum Club 1996 - 2009
Top Office Producer 12 out of 13 Years.

What's My Home Worth?  How Long To Sell? 
www.edwardgoldfarb.com//FreeC.M.A.Request.html

On Address...60,000+ South Florida Homes
  www.edwardgoldfarb.com//DreamHomeFinder.html
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               Below You Will Find Valuable Information 

Edward Goldfarb, CPDE, REOTrans

Toll Free: (800) 801-8103
Direct and Fax: (954) 839-6031
Mobile: (954) 605-8427
edgoldfarb@aol.com

WARNING: Buying or Selling With Anyone Else... Maybe Hazardous To Your Wealth!