From Realtor Magazine Online, Daily Real Estate News June 8, 2009
Being a foreclosure counselor can be one of the most gut-wrenching jobs around.
"It's pretty daunting," says Ed Moncrief, executive director of Neighborhood Housing Services in San Jose, Calif., "knowing that in most cases you're not going to be able to do anything, and then going home at night and thinking about it all."
Moncrief says his organization gets about 100 calls a day and is able to save the homes of about one in four cases that it takes on.
Marlene Santiago, a former real estate practitioner who now works for Neighborhood Housing, advises her clients to prepare for foreclosure. She tells them, "Save all your money for the time you're going to have to transition. And keep the faith. Family is more important than material things."
Source: San Jose Mercury News, Mike Cassidy (06/05/2009)
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