Rocky River, Ohio (PRWEB) June 9, 2010
Nearby Foreclosure Prevention (FP) Pro Dennis J. Rath closed but another short sale this week, saving one much more worried homeowner from a credit-crippling foreclosure and providing him the opportunity to personal an additional residence up to seven years sooner than if hed lost his home to foreclosure like millions of other Americans.

A record 2.8 million properties in the U.S. received foreclosure notices final year marking a 21% jump from 2008 and 120% jump over 2007 foreclosures, according to RealtyTrac, an Irvine, Calif.-based real-estate data organization. And 2010 is shaping up to be A lot much more of the identical: RealtyTrac predicts 4 million much more foreclosures is a real possibility this year with correct recovery three years away.

Appropriate now, there are so numerous borrowers 90 days or a lot more past due on their mortgages that the banks have Another Cleveland-area homeowner avoids foreclosure and saves significant money et to commence the foreclosure method on 1.2 million properties, notes Dennis J. Rath, accredited by Harris University as a Short Sale Professional. Unfortunately, most of these houses soon will go the incredibly pricey foreclosure route. Dont wait one more minute to contact a Foreclosure Prevention Pro like me. For every fairy-tale/quick sale ending, there are 5 Nightmares on Elmstreet that could have been prevented with the early intervention of an FP Pro.

Rath one of the first skilled REALTORS