According to recent news outlets, the unemployment rate in the United States is the highest it has been since 2008, at 8% (with some states registering much higher). This is the highest it has been since 1983. What is, actually, quite alarming is that 60% of bankruptcies filed in the United States are because of medical illnesses and not from simply a lack of money. At the same time, though, a high unemployment rate means that there are many people who do not have health insurance and that could account for such an alarming statistic. Of course, even those who have consistent work and health insurance still face trouble with rising medical costs.

As inflation and the cost of living increases, many people are finding that stretching their dollars is simply getting more and more difficult. While this has certainly led to people having to find more work and cut back on expenses not everyone is able to make the kinds of sacrifices necessary to continue living their present lifestyle. This causes people, particularly homeowners, to have to make somewhat drastic decisions about their immediate financial future.

Unfortunately the generous giving of loans by the banks of previous years has caused many people to already be in an unstable financial situation. When everything stays constant and money comes in and their tight budget can be maintained, everything is fine. However, as the economy began to tip, those with particularly tight budgets started to experience more strain than they probably preferred to handle. This forced many people into foreclosure.

The tragedy in all of this, though, is not that too many people were issued loans when they didn\’t deserve them. The tragedy is that those who were made to believe they could afford their home were not taught to anticipate the economic shift and plan accordingly. Homeowners who suddenly found themselves in a particularly stressful financial situation might have to make drastic decisions regarding their home ownership, especially without the kind of information they would have gotten had they consulted with SellFastUSA.

Founded by Allan Garfield, a 20-year real estate investment veteran, SellFastUSA has more than 150 years of combined experience helping people sell their homes quickly in order to avoid foreclosure. Their strategies are based not only on years of testing in the real world but also on the ideas and principles shared by their various experts. These strategies, though, all aim to accomplish one goal: to sell your home in as little 10 days. In addition to this, though, you will find they require less paperwork and will do more of the work for you and you will have greater success than trying to do it on your own.

SellFastUSA is a great alternative to foreclosure and a short sale. These are two things you want to try to avoid because they do not help you in the long run. When you can sell your home, though, with some negotiating power, you will retain some of its value and be able to start out ahead of the game, instead of falling further behind due to foreclosure.

Are you looking for more information on foreclosure? Visit http://www.firstequitytrustees.com today!

Are you looking for more information on foreclosure? Visit http://www.firstequitytrustees.com today!

Author Bio: Are you looking for more information on foreclosure? Visit http://www.firstequitytrustees.com today!

Category: Real Estate
Keywords: home ownership,drastic decisions,helping people sell