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Real Estate, Housing 2022 Predictions - Forbearances, Inflation [Real Estate Coaching]
Today's show is part 2 of '2022 Real Estate Market predictions.' In this show, you will hear how Tim and Julie Harris researched and created these predictions.
We start with these understandings:
FORBEARANCES do NOT = Foreclosures.
Definition of Forbearance:
Forbearance is when your mortgage servicer, that's the company that sends your mortgage statement and manages your loan, or lender allows you to pause or reduce your payments for a limited period of time. Forbearance does not erase what you owe. You'll have to repay any missed or reduced payments in the future.
It was predicted that there…
The skinny
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