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Originally Published Sep 25, 2008, 8:44am
(Updated Sep 25, 2008, 8:44am)
There is no doubt times are tough financially. The current condition of the housing market has many homeowners frightened and finding themselves unable to afford to keep their house or sell it. Meriwether & Associates, a local firm serving North Georgia, assists homeowners who are facing foreclosure.
Specialists in short sales and foreclosure prevention, Meriwether & Associates negotiates with mortgage lenders for discounted payoffs on behalf of homeowners who would otherwise not have any or enough equity to sell their home and avoid foreclosure. Scott Merriwether, owner and president of Meriwether & Associates has years of experience in real estate investing and his expertise is sought by real estate professionals. Alice Yielding of Re/Max 400 North says, “Scott has been instrumental in helping me complete a number of short sales over the past year.” Over the last two years, Meriwether & Associates has negotiated over 100 successful short sales.
“There is a benefit to a short sale and that is financial recovery in a smaller period of time,” says Meriwether. “For example, Fannie Mae will approve a new mortgage 2 years after a short sale, but not until at least 5 years after a foreclosure. That’s a 3 year difference in credit recovery.” As the only firm in the area to work with homeowners and realtors at no charge, Meriwether & Associates protects homeowners and their agents.
Struggling homeowners and those facing foreclosure can learn more about the services of Meriwether & Associates by visiting http://Meriwether-Associates.com or calling (678) 648-9492. Meriwether & Associates is located at 6035 Southard Trace in Cumming.
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