ALLOW REALTORS® TO ASSIST HOMEOWNERS
Many believe that our current housing crisis is just one problem. Actually, it is many problems combined. Each state has individual laws that regulate housing within its boundaries. Regulations from contractors licenses to the foreclosure process happen at the state level. When combined with federal law, standards and regulations, it becomes toxic for all involved and therefore encourages foreclosures and bankruptcy filings.
Streamline mortgage modifications to promote homeownership.
To prevent continued oversupply, encourage loan modifications & short sales.
Mods & SS's prevent deficiency judgements and bankruptcy filings.
Short Sales allow for people to purchase again in 2-3 years therefore allowing the market to absorb at a faster rate.