I have been working with many homeowners lately that are in a distressed financial situation. They arenâ€™t able to pay their mortgage anymore and are looking at other solutions, like a Short Sale and, in extreme cases, foreclosure. Unfortunately, this has become more of a common occurrence, which is why there are so many foreclosures in Jacksonville
and the rest of the Northeast Florida real estate market. As the homeowners make these tough decisions, they feel sadness and grief.Â Itâ€™s my job to help my clients with their real estate transactions; however, as I work with them they become my friends, too. And I want to help lesson their stress and get them to a better tomorrow. So, I did a little research to get a better understanding of what they are going through. I now realize that the stages you go through when you are losing your home are the same stages as when you lose a loved one. After any significant lose, people experience the five stages of grief. They are:
1. Denial and Isolation- At first, you tend to deny the loss has taken place.
2. Anger â€“ You may be angry with yourself for letting the event take place, even if, realistically, nothing could have stopped it.
3. Bargaining â€“ Now you may make bargains with God, asking, â€œIf I do this, will you take away this loss?â€
4. Depression â€“ You feel numb, although anger and sadness may remain underneath.
5. Acceptance â€“ This is when the anger, sadness and mourning have tapered off.Â You simply accept the reality of you situation or loss.
Although I canâ€™t take all of their pain away, I believe working with an educated, professional Realtor
â€“ who is compassionate â€“ can make a huge difference in the outcome. If you or anyone you know is in a distressed property
situation and living through these stages please reach out to me at http://email@example.com
or a Realtor you trust and get help that can make a difference.
Written by Davidson Agent, Dottie Lay