Do you need to take mortgage forbearance from your lender because you are having a hard time making your mortgage payments or are you looking to take advantage of “free” money with the idea that you are going to get the deferment option and not have to pay your missed mortgage payments back until the end of the loan? In this video, I discuss the downsides and dangers of taking mortgage forbearance if you don’t really need it.
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Articles Referenced in this video:
➡➡FHA Extends Foreclosure and Eviction Moratorium https://www.hud.gov/press/press_releases_media_advisories/HUD_No_20_214
➡➡FHFA Extends Foreclosure and REO Eviction Moratoriums https://www.fhfa.gov/Media/PublicAffairs/Pages/FHFA-Extends-Foreclosure-and-REO-Eviction-Moratoriums-12022020.aspx
➡➡FHFA Extends COVID-19 Multifamily Forbearance through March 31, 2021 – https://www.fhfa.gov/Media/PublicAffairs/Pages/FHFA-Extends-COVID-19-Multifamily-Forbearance-through-March-31-2021.aspx
Please let me know your thoughts below on mortgage forbearance: Do you believe that it’s all it’s cracked up to be? What are your predictions for the housing market 2021 and the housing market 2021 california? After watching this video, do you believe you should be buying a home this year or if now is the best time to sell a house?
Do you believe a house market crash 2021 or real estate bubble will happen? If so, why? What are your thoughts on the Orange County real estate market and the potential real estate crash for orange county real estate?
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Jeb Smith (huntington beach Realtor/orange county real estate)
Coldwell Banker Realty
➡I N S T A G R A M ➳ https://www.instagram.com/jebsmith
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