Monday, January 19, 2009

2-Minute Video: How to Avoid Foreclosure

Tuesday, January 6, 2009

Real Estate 411: How to Avoid Foreclosure

We are spreading the word that “Real Estate is GREAT! at CENTURY 21 Judge Fite Company”. There is real estate to be bought and sold in the Dallas/Fort Worth Metroplex and we are doing it! Join us in spreading the word that real estate really is GREAT here in our market.

Each month we will deliver a new Real Estate 411 that will give you INFORMATION you need to know. REAL ESTATE 411 will deliver GOOD NEWS about what is happening here at CENTURY 21 Judge Fite Company and in our local real estate market....

For January we are looking at How to Avoid Foreclosure. If you have questions you would like to address to a real estate or mortgage professional, please call 800-451-8055, or visit

Real Estate 411 - FACTS - Good news for families facing tough financial times

“Before foreclosures started going off the charts, substantive help in advance would have been almost inconceivable. Now it is part of servicers’ marching orders!”

QUICK FACT #1: Fannie Mae offers more flexibilityFannie Mae gives servicers more flexibility to help borrowers avoid foreclosure. On December 8, 2008, Fannie Mae announced it was giving mortgages servicers more flexibility and more loss mitigation options to minimize foreclosures. The changes will to read more QUICK FACTS.

Real Estate 411 - TIPS -
Help is available now more than ever!

QUICK TIP #1: Communicate with your lender - Many people lose their homes because they are too ashamed to act, or they go into denial about the seriousness of the problem. To prevent foreclosure, be decisive and explore all solutions. Contact your lender at the number on your statement at the first sign of trouble—even if you have not missed a payment but you think you might have to in future. Your lender will make notes about your phone call in your account file. Reputable lenders and loan servicers should view your contact as an indication that you are committed to fixing the problem rather than avoiding it. The lender may begin to read more QUICK TIPS.

2-Minute 411 with Jim Fite - Click here to watch the 2-minute 411 video!
Proactive tips that may save your home from foreclosure

1. Don't ignore the problem, don’t run, contact and talk to your lender. The further behind you become, the harder it will be to reinstate your loan and the more likely that you will lose your house.
2. Contact your lender as soon as you realize that you have a problem. Lenders do not want your house. Today there are options to help borrowers through difficult financial times.
3. Open and respond to all mail from your lender. The first notices you receive will offer good information about foreclosure prevention options that can help you weather financial problems. Later mail may include important notice of pending legal action. Your failure to to read complete article.

To find a real estate professional that can help you understand your mortgage options, contact:
CENTURY 21 Judge Fite Company800-451-8055 or email