Their Stories Are All Too Familiar But This Time An Angel Steps In

SCOTTSDALE, AZ, May 09, 2011

They are our neighbors; Tim and Kim Bradfield of Phoenix, Jason and Jennifer Harris of West Phoenix, Tom and Jodi Giallanza of Buckeye, Dave and Amy Littler of Gilbert, Byron and Perez Nash of Mesa, Tom and Leslie Schultz, just to name a few. And their stories are far too commonplace. Due to the slowing economy salaries were reduced or jobs lost, or there were unforeseen medical bills that had to be paid.

These families could no longer afford to make their mortgage payment and could not sell their house because with dropping real estate values they were upside-down in their home (owed more than what the home was worth). They were one step from losing their home.

Enter the Housing Angels.

The Housing Angels is the program launched by Dave Dziedzic of Real Core Realty that helps homeowners destined for foreclosure keep their homes. An 'Angel' investor purchases the home in a short sale, then allows the former owner to lease the home with an option to buy it back, without ever having to leave their home.

And best of all, there is no cost to the homeowner.

In each case the family stayed in their home and their monthly payment was well below their previous mortgage payments. And not only did they not have to uproot their kids, they were also on a path to rebuild their credit with a goal to buy back their home in three years at a significantly lower price.

According to Dave Dziedzic, Most see the benefit of having a third party buy the home via a short sale thus preventing the lender from having to foreclose and negatively impacting their bottom line. And the program is excellent for investors who want to own a rental property because there already is a tenant living there with an interest in maintaining the home.

Dave is also very excited about the Housing Angels Charity program which will donate $100 of all properties listed in May and $100 of every property closed in May to Great Strides Taking Steps to Cure Cystic Fibrosis, the most prevalent genetic disease in the United States.

Homeowners and Investors who want more information can contact Mike Baranack at mike@housingangels.com or 480-273-2510.

The Housing Angels helps homeowners destined for foreclosure stay in their homes. An 'Angel' investor purchases the home in a short sale, then allows the former owner to lease the home with an option to buy it back, without ever having to leave their home.