Real Estate Information Archive

Local Distressed Property Expert Provides Guidance for Homeowners Trying to Avoid Foreclosure

Informative online report details foreclosure alternatives for homeowners facing unaffordable mortgage payments in Wichita Falls and North Texas.

Wichita Falls, TX – (August 14, 2011) – Local CDPE-designated agent, Ashton Gustafson of Bishop Realtor Group, has released a new report that provides 10 foreclosure solutions that can be used to avoid the costly effects of foreclosure. The report titled “At the End of Your Rope? 10 solutions for alleviating the stress of an unaffordable mortgage!” provides information for homeowners dealing with the stress of possible foreclosure.

“It’s incredibly stressful for homeowners to take action when they are faced with foreclosure,” Gustafson said.  “The reality is that over 6 million Americans missed a mortgage payment in April, so people should understand they are not alone.”

This community resource is available at www.WichitaFallsShortSale.com. In addition to providing more information about the alternatives to foreclosure, the report explains ten foreclosure alternatives that a homeowner can take advantage of like a loan modification or short sale.

A short sale occurs when a lender allows a homeowner to sell a property for less than the current mortgage amount owed.

“There are many alternatives to foreclosure that a distressed homeowner can choose from Gustafson said. “I can help tailor a solution that best fits the needs of distressed homeowners and gets them back on track to financial stability.”

The CDPE Designation that Gustafson has acquired provides a specific understanding of the complex issues confronting distressed homeowners.  Through comprehensive training and experience, CDPE-designated agents are able to provide solutions for homeowners facing financial hardship in today’s market.

To learn more, visit www.WichitaFallsShortSale.com.

Ashton Gustafson

Owner

Bishop Realtor Group

Wichita Falls, TX

Good Monday morning to you!

The Heat Is On

We made national news this week by hitting 100+ degree temperatures 51 days in a row now. With only 4 inches or rain since October, we truly need rain more than ever. Please say a prayer for the farmers in our area.
 

Looking for a home? Let us FIND it!
3 years ago, I launched www.TheFallsHomeFinder.com. We never knew how successful it would be. It has become THE SITE for buyers looking in the Wichita Falls and surrounding area. Simply log-in, create a profile, and let the finding begin. We will meet you whenever and wherever you would like to start the house hunting process!
 

Thinking of Selling?
Check out www.TexomaHomeValue.com. We will get an analysis of your neighborhood activity ASAP. This is a great place to start if you are looking at the possibility of selling.
 

If I can do anything for you or someone you may know this week, please let me know. Make it a great week!

778 Crow Trace - Lake Arrowhead

Good Monday morning to you!

Ashton Is The Falls' Home Finder

I absolutely LOVE helping people find their next home. When I launched www.TheFallsHomeFinder.com 3 years ago, I never dreamed it would be such a success. This site has become the choice site of over 3,000 local and International buyers. If you or someone you know is looking to buy, I would love to be their home finder.

It Is Time To Invest

Thinking of Selling?

Check out www.TexomaHomeValue.com. We will provide you with an overview of your neighborhood's activity. If you are thinking of selling soon, this is a great place to start.

If we can answer any questions for you this week, please let me know.
 

Check out www.TheFallsHomeFinder.com to preview every home available in Wichita Falls and the surrounding area with a pool this Summer.

Simply go to the site above, and select request showing on the ones you would like to preview.

Good Monday morning to you!

The Heat Is On

Can you believe the heat? Ever thought about owning a home with a pool? If so, check out www.AshtonIsMyPoolboy.com. Here you can find every home in our market that is available for sale with a pool. Check it out!

Market Facts

Our office remains at the forefront of our market for closed transactions year to date. While we are one of the smaller offices in the market (in terms of number of agents) we currently rank #1 year to date in volume closed. If you are thinking about selling, please see www.TexomaHomeValue.com. We look forward at the chance to serve you further.

Pod Cast

Check out this month's pod cast at www.TheFallsPodCast.com. This month's edition covers Greater Wichita Falls real estate market activity and then we'll explain how buyers can make the most of favorable summer conditions.

If I can do anything else for you or anyone you may know this week, please let me know.

"Concerning all acts of initiative (and creation) there is one elementary truth, the ignorance of which kills countless ideas and splendid plans: that the moment one definitely commits oneself, then providence moves too." Steven Pressfield

Good Monday Morning to you.

The Market

As we enter these Summer months, there's no doubt things feel different than they did a year ago. Last year we had one of the biggest June's on record - this of course was a byproduct of the 1st Time and Repeat Buyer tax stimulus for home buyers. Washington said, "buy a home - get $8000"....and EVERYBODY took them up on it.

This summer, we've seen available inventory in the 1st Time Home Buyer range grow to record levels. Essentially, the market borrowed buyers from the future last Summer. People that would have purchased in '11 and '12, took advantage of the tax credit, low rates, and made a great decision doing so. Which is why there are so many homes available in the under $100,000 range. The buyers for this Summer, purchased last Summer.

Last Summer's market was not real. We cannot compare last year's stats to this year and ask, "what are we doing wrong?" So please, don't Judge the market by its Government Stimulus Package.

The Opportunity

Average days on market for homes that SOLD in May was 82. Average day on market for homes that RENTED was 52. Rentals entered and left the market 37% faster than did homes that sold. If you are cash positioned to take advantage of this opportunity to invest, call me ASAP. Don't let this be the Summer that got away. With our current inventory, these investments are making wonderful returns for our clients. Visit www.TheFallsHomeFinder.com.

Other Sites

www.AshtonIsMyHomeBoy.com

www.TheFallsPodCast.com

www.TexomaHomeValue.com

If we can serve you or anyone you know this week, please let me know.

Go Mavs.

Good Monday morning to you!

Thought About College Lately?
My financial planner told me this month that 4 years of college at a state school would cost approximately $178,000 for my daughter in 2029. $475,000 for a private institution!!! How am I going to pay for that????? My plan is to purchase 1 investment property a year for her and have renters pay the mortgage. 15 years from now they will be paid and full and I'll sell 1 per year for her to attend the school of her choice. Want to join me in this venture? Email me Ashton@AshtonGustafson.com and I'll share with you my action plan.

What's The Going Rate?
RATES HAVE NEVER BEEN THIS LOW and INVENTORY HAS NEVER BEEN THIS HIGH. And this means opportunity. I saw rates with local lenders this week under 4% on a 15 year note. Incredible. To see how great this opportunity is, see www.ImAHappyBuyer.com.

I am looking to buy - Where do I start?
Simple - www.TheFallsHomeFinder.com. As of today, over 3000 individuals have registered and made this their site for buying a home in North Texas. No other company offers a better web-site to find your next home. Check it out today.

I am looking to sell - Where do I start?
Simple too - www.TexomaHomeValue.com.
Within 48 hours I will have a market analysis to you and will set up a time with you to come preview your home.

Best of luck in all you do this week.

If I can help you or anyone you know, I'm here and ready.

"Leading is a skill, not a gift." Seth Godin

2011 SUMMER CONCERT SERIES
 
Join the Museum of Art at MSU  6 p.m. Thursday, May 19, 2011.
 
on the lawn between the Museum and Sikes Lake
 
for the season’s first music concert.
 
 
Local musician Ashton Gustafson will perform.

 Bring a lawn chair or spread a blanket on the cool grass
and enjoy the live music in a terrific outdoor setting.
(In the event of rain, the program will be moved indoors.)
 
For more information, call the Museum
at 397-8900.