DC Area Foreclosure Rates Drop

Some of us felt a little better after reading in the news last week that the foreclosure rate in the Washington DC area fell more than 30 percent from April of last year. Sadly, the foreclosure rates for the nation as a whole went in the opposite direction and have increased.

This is hopeful news, but it does not mean that we are out of the danger zone yet when it comes to foreclosures. If you are concerned that you may not be able to hold onto your home, be sure that you are getting help from a reputable organization. They may not be at the forefront of the news as they were in recent months, but dishonest people are still trying to take advantage of vulnerable people who seek assistance in avoiding foreclosure.

One way to steer clear of foreclosure is by selling your home through a short sale. If you are thinking about this option and have property in Anne Arundel County, Calvert County, Charles County, and Prince George's County and are thinking about give John Day a call at 410-507-2909. He can analyze your situation to determine if a short sale will work for you.