Wells Survey: Americans Still Respect Their Mortgage Obligation – Ventura Real Estate

by Gary and Lisa Schoeffler on April 6, 2011

in Short Sales

“Has our moral fiber decreased as a result of this crisis?” Zakrajsek asked. “I would say the answer is no.”

In addition to their sense of obligation to pay, the majority of respondents still believe buying a home is a good investment and part of the so called “American Dream of Home Ownership.”

We agree! We work with people all the time who are struggling and who are in a position to have to short sale their homes, none of them are there because they just decided not to honor their contract. They feel very badly that they cannot honor that commitment and are doing everything they can to minimize the damage to their credit and to the lender. It is a traumatic thing to have to sell under those circumstances.

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Post by Gary and Lisa Schoeffler

Gary and Lisa Schoeffler are Ventura Real Estate Professionals specializing in residential real estate. Their expertise in helping both buyers and sellers is widely recognized in Ventura County. How can they assist you today? Wondering what the market is like? Call them, they will be happy to talk with you about it. 805-320-4472

Gary and Lisa has written 371 articles.

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