Foreclosures and Short Sales – The Market Is Changing – Are You Prepared?
During the last two years, moratoriums made it impossible for lenders to initiate the foreclosure process. This brought foreclosure filings to an all time low, but with the end of the moratoriums, we will start see an increase in foreclosures.
On top of that, the Federal Reserve has started to raise its interest rates for the first time in three years, which means mortgage interest rates will go up as well. If the interest rate hikes continue, many prospective home buyers won’t be able to afford a mortgage any longer.
Join us in February, as we bring together a panel of experts, to take the mystery out of Short Sales and Foreclosures.