Rising sales point to better year for housing (AP)

A labourer selects wooden planks as he works at a residential construction site in Hefei, Anhui province February 18, 2012. China's home prices fell in January from December, marking the fourth monthly fall in a row and showing that the policy-driven property market downturn is deepening, which will add to worries about a hard landing in the world's second-largest economy. REUTERS/Stringer (CHINA - Tags: BUSINESS REAL ESTATE CONSTRUCTION EMPLOYMENT)AP - The housing market is flashing signs of health ahead of the spring-buying season.




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If you are a homeowner that has fallen behind on your mortgage payment, we realize this is a challenging and stressful time. At Pike Properties, we have a passion for helping distressed homeowners find a solution to this difficult problem. If you are currently, or feel you will soon be behind on your mortgage payment, we want you to understand that you do have options.

One of your options is to sell your house, and ask your lender to allow you to sell the house for less than what you own. Yes is possible, and it actually is a very common occurrence in today’s market. With decreasing home values, this is happening more and more. At Pike Properties, we have a sister company called Carolina Loss Mitigation that was created to help facilitate short sales and ensure that they are done correctly. When a successful short sale is completed it can be one of the best ways to help a homeowner avoid foreclosure.

If you are facing foreclosure, or simply need to sell quickly, and believe your house may be worth more than what you owe your lender, please contact us. We can review your individual situation and evaluate if a potential short sale is in your best interest.

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