Posts Tagged ‘Real Estate’

Joe Aldeguer Offers Fresh Solutions to Weather the New Economy

In Finance, Real Estate on January 19, 2012 at 3:03 pm
Joe Aldeguer

Joe Aldeguer

Chicago financial advisor Joe Aldeguer was recently asked by Presentation Solutions what consumers can do to keep their heads afloat amid the new economic issues facing Americans today.

Presentation Solutions: Thank you, Joe Aldeguer for taking the time to speak with us today about such an important issue.

Joe Aldeguer: Absolutely my pleasure. I’m always ready to talk finances!

Presentation Solutions: So, tell us. With the housing market declining, is your office in Chicago seeing new trends among homeowners?

Joe Aldeguer: Great question. Yes, we are seeing that consumers are more open to opt for a strategic default than they were just 5 years ago.

Presentation Solutions: Exactly what does that mean?

Joe Aldeguer: Very simply put, many Chicago residents are upside down in their houses. They are learning that it may be best to walk away from the loan, cut their losses, and start fresh.

Presentation Solutions: So what you are saying is that they are actually allowing a foreclosure?

Joe Aldeguer: Usually that is the end result. People are seeing that the banks stuck them with these defective loans that they [the bank] knew were far more than the property’s actual worth.

Presentation Solutions: Houses were valued much higher than ever before there for a while.

Joe Aldeguer: Yes, they were. People were almost scared not to buy, and lenders got careless.

Presentation Solutions: True, but how do your clients feel when you suggest foreclosure?

Joe Aldeguer: It used to be a very awkward conversation. People were ashamed and embarrassed. We are seeing now that the house values in Chicago should never have gotten so high. People are accepting that it isn’t their fault.

Presentation Solutions: As with most of life’s trials, acceptance is the hardest part.

Joe Aldeguer: You said it! People are seeing their houses for what they really are now: a material possession. Letting it go is really like giving up any object.

Presentation Solutions: Yes, but there are so many emotional issues involved.

Joe Aldeguer: We are certainly sympathetic to that, but when their backs are against the wall, coming to the understanding that defaulting is a business decision helps.

Presentation Solutions: Regarding your Chicago area client base, Joe Aldeguer, do they view it as a business decision?

Joe Aldeguer: It certainly takes some getting used to, but I’ve found that people are much more open to wiping the slate clean and starting brand new. I try not to say they are losing their home because it is true that a house is not a home.

Presentation Solutions: Isn’t it much harder to re-qualify for a new home loan later after a foreclosure?

Joe Aldeguer: Well, it is likely that the individual won’t be able to buy a house the next day, but there are ways to get an FHA loan in as little as a year after the process is complete.

Presentation Solutions: Sounds like you guys help people really take charge.

Joe Aldeguer: We are a solutions oriented company and believe that action is the best way to change for sure!

JS Properties, LLC Recommends Murfreesboro Tennessee

In Home and Family, Real Estate on September 7, 2010 at 3:07 pm

Joyce Smotherman, owner and founder of JS Properties, LLC, is an active member of the Murfreesboro community. JS Properties, LLC notes that the geographic placement of Murfreesboro is one of its greatest assets.  This growing city is situated at the geographic center of Tennessee, with convenient access to all three of the region’s major interstates.  Interstate 24 travels directly through town, while Interstates 40 and 65 are a few short miles away.  These highway thoroughfares, adds JS Properties, LLC, make it easy to move people and resources through the city.  Additionally, Murfreesboro’s accessible placement on the interstate system gives the city easy access to major metropolitan markets like Nashville, Birmingham and St. Louis.

Murfreesboro has more to offer than simply accessible freeways. Commercial and residential real estate exploded in the 1990s and that has had a major impact on the Middle Tennessee region. JS Properties, LLC offers information to home buyers, commercial clients and those considering leasing real estate in the Middle Tennessee area about the wealth of opportunities available here. JS Properties, LLC also offers property management services to parties interested in renting out their properties. JS Properties, LLC points out that Murfreesboro is also a center of learning and culture.

Middle Tennessee State University, located in Murfreesboro, provides a variety of quality educational opportunities, adds JS Properties, LLC. MTSU offers a large music program and its School of Music presents the Main Street Jazzfest every year.

Joyce Smotherman of JS Properties, LLC states that Murfreesboro is home to several museums and historical sites. The Discovery Center at Murfree Spring has numerous exhibits and activities for children as well as a wetlands area with a nature trail, adds JS Properties, LLC. Stones River National Battlefield and Museum is a tribute to the Civil War Battle of Stones River fought from December 31, 1862 through January 3, 1863. A greenway system was developed several years ago giving the citizens of Murfreesboro a place to hike, bike, jog, fish or picnic. It is a wonderful addition to the area and a great place for anyone who wants to get out and enjoy nature.

JS Properties, LLC contends that with so much history and diversity, it’s no wonder so many people flock to Murfreesboro, making it a vibrant and thriving community with enormous possibilities for businesses, families and students alike. In conclusion, JS Properties, LLC says that anyone interested in a welcoming residential environment accompanied by up-and-coming commerce and culture should consider the community of Murfreesboro, Tennessee.