SARASOTA, FL, October 31, 2011 /24-7PressRelease/ -- Sarasota & Manatee county Florida homeowners behind on mortgage payments, who are either unemployed, underemployed, divorced, or who have experienced recent medical emergencies are being targeted.
The menace is foreclosure, and by some estimates upwards of 40% of Sarasota and Manatee county property owners are vulnerable.
"Foreclosure is the silent destroyer of families and communities that has literally displaced millions of Americans," said real estate expert John Michailidis, GRI, CRS, JD. "And the dirty little secret that bankers and politicians fail to mention is that it is virtually 100% avoidable."
With program watchdogs testifying before Congress that the record of government loan modification programs, "has been nothing short of abysmal," many underwater homeowners are under the erroneous assumption that a foreclosure is inevitable.
According to Mr. Michailidis, "A foreclosure most definitely is stoppable and I've got the homeowner testimonials to prove it. In virtually every case we've taken on, we have been able to secure a Short Sale with Full Deficiency Waiver, which means the homeowner gets to move on with their life, completely free from mortgage debt, and without the specter of the banks being able to come after them in the future."
For the foreseeable future, Mr. Michailidis will be presenting a series of free, online, community-service oriented public seminars for Sarasota and Manatee County Florida property owners who are behind on their mortgage payments and fearful of foreclosure. "The purpose of these free seminars is to spread information that is being suppressed. No products will be sold, and participants can submit questions during the events via email and receive personalized responses," he said. Scheduling and registration information can be found at www.FloridaForeclosureEnders.com
Mr. Michailidis is a recognized author and speaker within the real estate industry and the broker/owner of SaraMana Properties, where he focuses his practice exclusively on helping homeowners to avoid foreclosure through Short Sales with Full Waiver of Deficiency. He is also a graduate of the Northwestern University School of Law in Chicago and is a member of the Illinois Bar. Mr. Michailidis can be contacted at 941-548-7771, or via email at [email protected].
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