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floating houseUnderwater HELOCs (home equity line of credit) that are more than 60 days delinquent have a greater than 75% chance of eventually defaulting and losing nearly 100% of their value.

Source: How to Stay Afloat in the Coming HELOC Reset Tidal Wave | News

It’s important to know distressed homeowners are not alone. With a combined 40+ years of experience combined, the professionals at the Swonger Team with RE/MAX properties have the knowledge and expertise to help. From pre-foreclosure counseling to selling the home no matter what it’s worth or how much is owed, assistance with relocation and more, let our passion to help be your guiding light.

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