San Jose, CA (PR.com) -- “Nationwide, one in seven mortgages are headed for foreclosure,” noted Kate Davey of Davey Real Estate.
While the statistics in San Jose and in the Silicon Valley are not nearly that high, Davey has developed an online report that reviews the increasing priority that major banks and the federal government have placed on giving homeowners viable options to foreclosure.
“Helping to keep homeowners out of foreclosure has become a national priority, Davey says, adding, “it’s important for homeowners who are underwater on their mortgage or overstressed financially to know that none of the parties involved want to see a foreclosure happen.
“Banks were blindsided by the foreclosure crisis of the past few years, and too many homes have been lost to foreclosure, but the landscape has significantly changed.”
“My recent report titled, 'Is Your Mortgage Payment Dragging You Down' provides information every homeowner should know if they are about to or have already missed mortgage payments,” states Davey. This community resource is available at
For more information about the CDPE Designation, visit www.CDPE.com.
Contact:
Davey Real Estate
408-497-5283
Kate@BayAreaRealEstate.com
408-574-3300
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