This month’s update is going to be a little different. I have been approached by a former client concerning the current mortgage payment help programs. The particular program that I was shown was un-nerving. The mortgage company said that the person was approved not to make payments for three months with COVID-19 relief. BUT, the paperwork continued to say that at the end of the three months, the balance of those missed payment would be due. OR at that time, the person could apply for other programs. That is dangerous. What if the other programs did not work out? A total of three months of mortgage payments would be due at once. We are not lawyers, but this sounds scary to me. I know that this may seem like the only option right now to stay in your home. But there may be other options.
Ethos Real Estate West has a helpful booklet that we can send to you via USPS mail or email called “Protect Your Investment, a Guide for at Risk Homeowners”. This guide was made in conjunction with the National Association of Realtors.
Please reach out to any of our agents found in this newsletter, call us at: 517-623-0204, or email us at: office@ethos-realestatewest.com to have us send you a FREE copy of this resource. If you love your home, we want you to stay in your home. If you want to sell your home, we want to help you sell your home. But we don’t want you to be forced in to selling if you don’t want to sell!