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A lot of people are talking about foreclosures in the Weber County these days. Even the local Ogden news is painting a picture of an increase in foreclosures and mortgage trouble.

What is really going on in our local Ogden real estate market? Is it as bad as you have been reading? The truth is, everyone has been effected by the current market conditions, and the Ogden real estate market has felt it, too, in the last couple of years. And while the economy in our country seems grim at times, the news is not all bad.  Utah real estate, in general, has always been a more affordable market than many other states. Ogden home prices seem stable and in some neighborhoods I see prices on the upswing.

Foreclosure; however,  is a terrible thing if you are the one being foreclosed. As a buyer you have a unique opportunity to both get a great deal and even help someone out. Home owners who are in danger of foreclosure may also be looking for a buyer. In some cases, a foreclosure might represent an opportunity to purchase a property at a lower cost and lease it back to the current occupants.

There are lots of options in a foreclosure , and many of them can be a win-win for both parties. Our current Ogden real estate market conditions may seem an up hill challenge right now, but there can be a silver lining. Ask me about the HAFA (Home Affordable Foreclosure Alternatives)  program. This could be your way to resolving what seems like an imminent foreclosure.

As a real estate agent for The Franklin Group, Inc., I specialize in helping people like you negotiate the terms of a  real estate foreclosure , including foreclosure offers where both parties are interested in walking away feeling good about what just happened.

If you are in the Ogden real estate market, and have questions about the opportunities foreclosure represents to you, whether a buyer or seller, give me a call. I'll be happy to review your situation with you and recommend options. As an experienced real estate agent, I am often approached by parties from both sides, and I am in a great position to help you find the right solution.

-Jan Stannard,  Realtor, B.S. - Business Management, IAHSP, EcoBroker Certified

The Franklin Group, Inc., 801 866-3028, JamminJan@q.com

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