Foreclosure Crisis 2021 | NEW Mortgage Forbearance Expiring

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Is a foreclosure crisis 2021 imminent?

Right now, there are more than 2.7 million homes under the protection of the federal mortgage forbearance and foreclosure moratorium programs… and more than half of those will expire in March, April, May, and June.

Or... at least they were.

THIS JUST IN!

President Biden extends the Mortgage Forbearance and Foreclosure Moratorium programs through June 30th, but will that be enough to stop the tsunami of foreclosures headed our way in 2021? And will that tsunami be big enough to cause a Foreclosure Crisis 2021?

Those are the housing market forecast questions posed in this video, and the answers, too!

Timestamps:
1:14 - Why it’s so difficult to plan ahead right now as a homeowner or investor.
1:32 - How one couple’s circumstances reflects the hardship faced by so many of today’s homeowners.
2:40 - What the mortgage forbearance and foreclosure moratorium extensions mean for homeowners, and which lending agencies are affected.
3:48 - What the high demand for foreclosures means for the housing market going forward.
4:22 - Why the coming foreclosure crisis may be significantly different than what you are currently expecting.
7:00 - Why real estate prices will most likely continue to rise throughout 2021.
7:22 - What investors and home shoppers need to do to find properties, and why a foreclosure crisis 2021 may simply pass us by without doing much harm at all.

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My name is Matt Theriault. When aspiring, frustrated investors are stuck in the proverbial “rat race,” they come to me.

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NO INVESTMENT, FINANCIAL, LEGAL OR TAX ADVICE

The contents of this video are for informational and educational purposes only. They should not be considered investment, financial, legal or tax advice. Matt Theriault is not licensed in the insurance or securities industries and is not in the business of selling, soliciting or negotiating the sale of any insurance contract, security or other investment vehicles.

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