I recently read an article in AARP magazine devoted to Foreclosures and Seniors. When we think of foreclosure we think about young people, but the young are not the only people being affected by foreclosures. Currently, I am working with an older couple who has lived in their house for 29 years and were about to lose their home to foreclosure before they met me to help them with a short sale. You might ask how can someone who has lived in the same house for 29 years be in foreclosure? Well, according to AARP more and more seniors are borrowing against the equity in their homes to pay for expenses on health care, college tuition, home upkeep,or just a way to supplement their income due to retirement.  So when seniors borrow all of their equity  in their homes they become victim to the same problems that young people face today.

If you know a senior who might be facing foreclosure, please have them call

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