Today Fannie Mae launched a new consumer education website on foreclosure options.

The way I found out about it was when I received a call from the Orlando CBS affiliate, Channel 6 News asking if they could interview me about the new site… www.KnowYourOptions.com

So while he was asking me questions about the ramifications of a foreclosure on your life (credit, jugdments, etc.) I pulled the site up quickly to take a peek!  It’s actually a pretty good site!

A lot of the information they are sharing is similar to the info I put on MY info site, www.BeforeYouShortSale.com which is for Orlando Short Sale Homeowners info.

They cover the options for when you want to keep your home, including something they call “Deed-for-Lease” which is where you deed your home to the lender (called a deed-in-lieu of foreclosure or dil) and then they will rent it back to you for a specific period of time for current market rent value.  The other options when you want to stay in your home are: refinance, repayment plan, forebearance, and modification and on the site they explain what each of these are and the benefits.  But remember… if you want to stay in the home you will need to be able to qualify for the payment, so if you are without income you will most likely not qualify to keep your home.

They also cover the options for when you can’t or don’t want to keep your home.  These include Deed-in-Lieu and Short Sale and cover the what’s, how’s, and benefits of these options for your family.

Within an hour of my “phone interview”, the reporter from Channel 6 was here in my office with his camera guy to do an interview and find out more about what options a homeowner has in Orlando if they are facing a challenge with their mortgage or facing short sale or pre-foreclosure.  The spot will run tonight on Channel 6 between 6-7pm and I’m figuring will be re-run on their website www.clickorlando.com

If you are a homeowner facing trouble with your mortgage, check out the site: www.KnowYourOptions.com it has some really good information that might make your decision easier.  And if you are in Seminole County or the Orlando area… give me a call!

UPDATE: Here’s the link to read the article and watch the video replay, CLICK HERE

FOR IMMEDIATE RELEASE

Orlando Foreclosure Expert Andy Tolbert Gets “Foreclosed on” by Obama

Orlando’s Premier Foreclosure Expert Andy Tolbert Asked to Appear on Good Morning America but Gets Bumped by Presidential Candidate Barack Obama.

Orlando, Fla.- October 30, 2008- In a twist of fate, Orlando foreclosure expert Andy Tolbert got “foreclosed on” herself by two powerhouses, Barack Obama and Sara Palin. Tolbert had been selected by ABC Producers to appear on Good Morning America this morning to give her advice and opinion about the Orlando housing market and foreclosures, which have accelerated. Unfortunately, at the last minute she got a call from the shows producers advising her she had been bumped by Obama and Palin who had their own news to tell.

Although interviews with Presidential Candidate Barack Obama and Vice Presidential Candidate Sarah Palin took priority, Tolbert was still excited by the whole event. “It was fun and exciting while it lasted and it’s still a great opportunity that I was even considered for the show! I was hoping I was going to get my 15 minutes of fame as well as help some people understand what’s going on today in the Orlando market with foreclosures but that didn’t happened this time. What can you do? If you’re going to get bumped who better than a couple of Presidential and Vice Presidential Candidates!” Andy Tolbert said.

Andy Tolbert, a real estate agent and expert in foreclosures, was found through her website, a CelebritySite™ designed by Dicks Nanton & Glass Celebrity Branding Agency, when ABC Producers were searching for guests for Good Morning America. Tolbert, a 10-year veteran in the real estate market, speaks around the state on foreclosures helping those being affected.

“I guess good website promotion can really pay off” Tolbert added.

For more information about Andy Tolbert and her foreclosure seminars visit http://www.AndyTolbert.com.

About Andy Tolbert:

Andy Tolbert has been in the real estate industry for over a decade. She has been in the mortgage business since 1995, holds an active real estate license since 1998, has been training others for over six years and has personally been investing in real estate for nine years. Andy Tolbert’s specialty is investor financing and restructuring to maximize profitability and cash flow. She and her husband Tim have a combined 22 years of mortgage experience and owned their own FHA approved Correspondent Lender for almost six years. Andy Tolbert is founder and immediate past president of Investors Resource Center, Orlando.

About CelebritySites™

CelebritySites™ specializes in creating Online Celebrity Platforms™ for business experts. Their unique Online Celebrity Platforms™ are based on the philosophy that people buy people and are designed to be personality driven. Through the use of a proprietary system of tools for marketing, public relations and search engine optimization, they turn websites into sales and marketing machines allowing their clients to leverage online content to create new income streams and maximize revenue. CelebritySites™ not only improves website exposure but helps develop brand recognition for their clients. For more information about Dicks Nanton & Glass’ Celebrity Branding Agency or CelebritySites™ visit http://www.celebritybrandingagency.com or http://www.celebritysites.com.

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Contact:

Lindsay Glass

407-215-1739

Dicks Nanton & Glass Media Group

Lindsay@DNGMediaGroup.com

Yes, it’s official, yesterday Governer Crist and other lawmakers decided to NOT let criminals with certain crimes on their records get a mortgage broker’s license. WOW! We are such a progressive state (that’s sarcasm by the way!)

Florida has always had a policy on this. Way back when I got my license (I think ‘96?) I had to go to the police station and have my fingerprints taken, supposedly for a background check. And yes, thank you, I passed! And so did my husband, Tim.

Would you, and should you, trust someone that is a former bank-robber or drug dealer with your most private information (including your social security number, bank accounts, etc.)?

Absolutely NOT. I firmly believe that there is nothing wrong with interviewing your mortgage broker or real estate agent and find out if THEY are the right ones to be working with. Go ahead. I’ve got nothing to hide!

Here’s a link to an article about this topic: http://www.floridarealtors.org/NewsAndEvents/n1-081308.cfm

Ready to buy a foreclosure bargain house in Seminole County? Call me today and let’s see if we will be able to work together! Yes, it’s a 2-way decision!