Middle Tennessee Foreclosure Prevention and Loan Modification Help and Assistance

Middle Tennessee Foreclosure Prevention and Loan Modification Help and Assistance

According to this Tennessean article, Loan modification can forestall foreclosure, you can obtain help with a loan modification from your local United Way office through their affiliations with local agencies. The article conveys the story of one Franklin Tennessee (Williamson County TN) family went through difficult financial times after a job loss. It is truly sad to see so many hard working people suffer due to the poor job market. In this case, the family depicted in the article eventually lost their home when the bank foreclosed on them.

If you are a homeowner in Middle Tennessee who has lost your job, have seen your income decline or are in foreclosure, please contact me to obtain free help and assistance on how to stop the foreclosure proceedings. You should also contact a real estate attorney. If your home is worth less than your mortgage balance, I can help you with a short sale. I am a Middle Tennessee distressed real estate, short sale, pre-foreclosure (preforeclosure) and foreclosure REALTOR and Expert. I serve real estate owners, homeowners and investment property owners in Rutherford County TN, Williamson County TN, Davidson County TN, Murfreesboro TN, Smyrna TN, La Vergne TN, Eagleville TN, Lascassas TN, Rockvale TN, Christiana TN, Brentwood TN, Franklin TN, Nashville TN and Belle Meade TN.

If you need to sell your home fast via a short sale you can my request help on my website at Get Help and Assistance from a Middle Tennessee Short Sale and Foreclosure REALTOR and Expert.

Residential Home Sales Market Statistics: A Comparison of Normal Sales versus Short Sales and Foreclosures in September 2009

Middle Tennessee Residential Property Foreclosure Activity Report
Residential Real Estate Market Sales Activity - Foreclosures, Pre-foreclosures and Short Sales Compared to Regular Listings
Counties & Cities/Towns Covered:
Rutherford County Tennessee: Murfreesboro TN, Smyrna TN and La Vergne TN (LaVergne TN)
Williamson County Tennessee: Brentwood TN and Franklin TN
Month & Year	Sep-09
Start Date	9/1/2009
End Date	9/30/2009
City/Town	Active Listings - Total	Active Listings - % Foreclosures & Short Sales	Pending Sales - % Foreclosures & Short Sales	Months of Residential Inventory Based on Pending Sales Rate
Murfreesboro	1,254	8.29%	10.45%	6.24
Smyrna	348	12.07%	32.65%	7.10
La Vergne	280	23.21%	50.00%	5.60
Brentwood	615	4.39%	3.57%	10.98
Franklin	1,058	3.31%	5.62%	11.89
Totals & Averages	3,555	7.68%	15.51%	7.99
Notes:
As you can see from the chart above the percentage of Pending Sales that are distress sales (Foreclosures and Short Sales) is greater than their representation as a percentage of Active Listings.  This means that these distressed listings are Pending (i.e. selling) at a faster rate then regular listings.