When you think that it could never happen to you or any one you know, the denial of most situations clouds your vision.  Let’s fight through the denial fog and show you what is really happening in the valley in regards to daily foreclosures.  Take a look at this video for a visual representation of all of the foreclosures in the valley for the month of August.  It is quite staggering:

http://www.azcentral.com/business/foreclosures/index.php

Not only does it show the number of foreclosures on a daily basis, but it also plots them by length of ownership.  Foreclosure CAN happen to good people, and there are solutions for those that want or need them.

On the other side, what is the state of homes across the valley in regards to home values?  This graphic allows you to search by zip code, or even by address, to show sales trends in the valley, showing the median values and the percentage differential between 2010 and 2011.  Interesting to see the neighborhoods in the valley that have taken the biggest hits.  Where is your property and how does it compare?

http://www.azcentral.com/realestate/homevalues/homevalues.php

Don’t take our word for it that it’s time to take action on your property situation.  Take a look at what is happening around your property.  If you find that your property value is nowhere near where it once was, you might want to make a decision while it’s still beneficial to do so.  Time is running out on the Mortgage Debt Relief Act.   Your tax consequences could be heavy if you wait too long!

Where is your property on these graphics?  Seeing is Believing, open your eyes, fight through the smoke and mirrors, and come to a conclusion sooner than later.