Archives for December 2011

Who do you know that can use help avoiding foreclosure?

Foreclosure is not the only option

Since obtaining my real estate license in 2001 I have had my share of REO listings and knocked on doors informing the occupants mostly homeowners the news they didn’t want to hear.  I have seen abandoned and destroyed properties that the homeowner could no longer afford and left in the middle of the night months before the sale at the courthouse steps instead of staying to protect their property.  I also understand the reasons why some people leave rather than stay in the home they know they will lose because they cannot pay the mortgage.

In 2008 I started on a journey to reach out to troubled homeowners to explain what options might be available to help them stay in their home and opened communications with their lenders.  This week while I was completing my CDPE classes I came to realize the only way to truely help homeowners and the housing recovery in Murrells Inlet and along the Grand Strand is to ask everyone who they know that I can help avoid foreclosure?

The sad fact is many people that could use my help might never get it before it is too late but it won’t be because I am not looking for my friends and neighbors in Myrtle Beach to help me raise awareness of the programs that can keep homes out of foreclosure and in turn help all our property values.  Horry County boasts sunny beaches, golf courses and numerous other attractions but it also ranks 3rd in South Carolina in foreclosures and it is hurting all of us as long as we turn a blind eye to the problem by way of declining property values.

None of us are immune from job loss, medical emergencies, divorce or death that could potentially wreck our personal finances and ability to pay our home mortgage.    If it happens to you or someone you know remember foreclosure is not the only option and there are programs and resources available that might be able to help. Copyright©2011 Sandra Bundy, Broker-in-Charge, B&P, Inc.  Serving the Pee Dee and Grand Strand of South Carolina.


As a CDPE – certified distressed property expert –  I have received additional training in the avenues available to troubled homeowners and provide my services at no cost to the homeowner.  Contact me for a confidential consulation on possible options to avoid foreclosure.  If you would like to learn more visit our online resources website.

Know your options



National Occupy is a Great Idea but not the one you might think…….

I want to send a big THANK YOU to the “Occupy Your Homes Movement” for bringing to the National Spotlight the best idea I have heard in recent memory when it comes to dealing with the foreclosure “CRISIS” that is affecting our country.  If you are facing foreclosure don’t leave your home abandoned.  Stay there and care for it and protect it just as you did when you first purchased the property with intentions of raising your family and investing in your community and your future!

So now if you are wondering why I would encourage the bad behavior planned across the county by the “Occupy” set – I for one know that it is a good idea but ONLY if YOU own or rent the home.  Anything less is called trespass where I come from and will serve no beneficial purpose especially if the intent is to break & enter property because it is vacant.

Just sayin!

The bank doesn’t want to own your home even if you can’t afford to pay for it.  Take stock in what the occupy movement is suggesting and “Occupy” your home even if you can’t pay for it until the very last minute has passed.  After all, didn’t you plan on being there before you found yourself in financial hardship? Last time I checked a loan application has and always will require an applicant to sign on the dotted line.

Foreclosure is not the only option. If you or someone you know needs help avoiding foreclosure seek help from your lender. There are resources available if you only take the time to look. Anything less speaks volumes of your intentions in the first place.

Yes I feel your pain as I helped my mother avoid foreclosure in 1989.  No bailout back then only the stark reality “If you can’t pay” “You can’t stay”.  Thankfully my mother didn’t have to leave her home but it was only because we took the time to communicate with the lender.

Handing over a check to catch up payments in arrears is no different then lenders want today and rightly so after all it is about making promises.  Your promise to pay and the lenders promise to loan you the money up front to get exactly what you wanted in the home you were able to purchase.

So I agree with the “Occupy Your Homes” initiative.  Take care of it until you no longer own it and if you need help avoiding foreclosure remember help is available to you.  The process is no different than when you first bought your home – “Call Your Lender” and see what options they have to help you and work with them while taking care of your home!

Copyright©2011 Sandra Bundy, Broker-in-Charge, B&P, Inc.  Serving the Pee Dee and Grand Strand of South Carolina.

If you or someone you know is having trouble making their mortgage payments foreclosure is not the only option.