WEST PALM BEACH, Fla., Feb. 23 /PRNewswire/ -- Sherry Lee is a Licensed Real Estate Broker and when the housing market slowed, she found herself spending hours a day answering questions from desperate homeowners. So, she decided to write 'What to Expect When You Are Expecting Foreclosure,' an 80 page guide that shows people exactly how to restructure or dispose of their troubled mortgages.
But some say it will encourage people to walk away from their debt, leaving banks holding the bag. "If someone decides to ruin their credit and walk away from their home, there is usually a good reason," according to Ms. Lee. "People who need to sell their homes right now are trapped and need a way out." She goes on to say, "Banks have gotten federal assistance to help cover the losses. So, people who need help should not feel as though they are holding up a bank."
'What to Expect When You Are Expecting Foreclosure' has enjoyed brisk sales in Florida where it was released in January. Ms. Lee is releasing the book in stages -- next are California, Arizona and Nevada -- to avoid delays in shipping. "Once people realize they need to do something, there is a sense of urgency," she says. "I want to make sure they get the information right away." The book answers questions like, "How do I qualify for a short sale or loan modification?" "Can I modify my loan even if I am not behind on payments?" "What happens to my credit score?" and more.
How to Legally Hold Up a Bank? Perhaps. Or maybe 'What To Expect When You Are Expecting Foreclosure' is just a really good self-help book for homeowners who are drowning in debt. For more information and to purchase the book, visit www.ExpectingForeclosure.com.
"Sherry's book offers simple navigation techniques to help guide the victims of this crisis through the most troubled waters many of them will ever face." - Warren Stewart, Retired Chicago Realtor, and Lifetime Member of the National Trust
Address: 3103 Grandiflora Drive Greenacres, FL 33467
Book Website: www.ExpectingForeclosure.com
Company Website: www.LeeProp.com
SOURCE Sherry Lee
