Ben Allgeyer: What Families Facing Foreclosure Should Know (Full)

Solving America's Problems · Oct 29, 2026 · 51m

The typical first-time buyer is now 40 years old, and foreclosures are climbing again. Ben Allgeyer lost a million dollars in about 18 months and rebuilt by knocking on the doors of homeowners facing foreclosure. He tells Jerremy Alexander Newsome and Dave Conley that people who bought in 2019 and 2020 have almost no equity, that a short sale hurts credit far less than a foreclosure, and that one lender added about $60,000 in fees in a year and a half. His rule for buyers: have twice your down payment in the bank first, or keep renting. He says most agents don't earn their commission, and…