DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
Tuesday, November 10, 2009
EPISODE 1: “Real World Real Estate” Featuring Adam Roop Of EXIT SHORE REALTY
A young home owner gets hit hard by the economic crisis – banks slow to help!
Episode 1 is based on a Short Sale/Foreclosure deal for client Jenny. She is a young buyer who had invested everything into her home – living by her self it was tough to keep dumping money into her home every month but she continued to get by – then, all of a sudden, the market crashed. Now she tries to recover and calls on Adam Roop of EXIT SHORE REALTY to help relieve her of the heavy debt. With Adam’s experience in short sales and foreclosure properties he was called upon to help but the banks are not cooperating as fast as Adam wants...foreclosure is only weeks away...can he save Jenny from foreclosure...take a look as the story unfolds…
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4 comments:
Joe, Thanks for posting! I appreciate all the support. We here at EXIT Shore Realty and The Roop Group hope the community and viewers of your site enjoy the series and find it informational and entertaining. We look forward to sharing our experiences with everyone tuning in! And congratulations with your show - your story is very compelling. I look forward to your next show.
Have you reduced your commision to help the people?
It may be wise to consider that businesses which provide loss mitigation consulting, foreclosure prevention, mortgage loan modification, and/or similar services likely will be subject to the Maryland Credit Services Businesses Act, and must be licensed as such. Anyone violating the MCSBA may be subject to significant administrative, civil, and criminal penalties, including, but not limited to, fines up to $5,000 or imprisonment up to 3 years, or both.
Sorry if I don't feel bad for "poor Jenny". She bought a house that she couldn't afford in the first place and now can't get what she payed for it because the market is down. Why isn't she living in the house right now? Did she lose her job or have a reason why she can't pay her bills?
Sounds like many other "sad" stories of foreclosure. Buyer sees a booming housing market, thinks they can buy a house they can't afford because they are going to be able to resell it for a quick profit before the payments catch up to them, and then when the market turns south they are stuck with it. It's called a bad investment, get over it. People think they can watch an episode of "flip this house" and all of the sudden they are an expert on real estate.
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