FOR IMMEDIATE RELEASE

Hernando Home Buyers Helps Florida Homeowners Avoid Foreclosure
 

SPRING HILL, Fla., April 15, 2005 /PRNewswire/-- With interest rates continuing to rise, some analysts predict the real estate market could soon see a downturn. But for homeowners who need to sell quickly, longer time on the market makes foreclosure a very real threat. Fortunately, there is an alternative: Specializing in pre-foreclosures, 38-year-old Hernando Home Buyers (http://www.hernandohomebuyers.com) is in the market for Florida houses of all conditions. And most sales are closed within 72 hours — for cash.

Because Hernando Home Buyers purchases homes directly from the sellers, homeowners save the typical 7% real estate agent commission. The Christian-based group of private investors buys five to ten houses each month; along with ensuring a quick close and a fair selling price, the group handles all paperwork for sellers. All services are free to sellers.

“This year, banks will take away houses from thousands of good people in foreclosure,” explained Richard D. Reichmann, founder of Hernando Home Buyers. “There are a lot of reasons folks fall behind on payments. Sometimes it’s a divorce, job transfer or just unexpected financial setbacks. We provide a fast, worry-free selling experience to buyers who need to sell their homes quickly.”

Homeowners who need to sell but lack equity can also benefit from selling to Hernando Home Buyers. The group regularly purchases homes with little equity — and, in many cases, is able to return much of that equity to the homeowner.

“We help homeowners save their equity,” said Reichmann. “They’ve worked hard to build up some equity, no matter how little, and they deserve to keep as much of it as possible.”

For homeowners only weeks or days away from foreclosure, Hernando Home Buyers deals directly with the current mortgage holder to stop all attempts to collect past-due payments. It’s a free service that keeps credit ratings from falling lower and provides peace of mind, said Reichmann.

“When people are facing a foreclosure, time is of the essence,” said Reichmann. “We have programs to help stop foreclosure, regardless of the situation. Hernando Home Buyers has helped sellers in every conceivable situation to solve their real estate problems and get on with their lives.”
 

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