The Janki Patel Team

As the current forbearance mortgage relief options come to an end, many are wondering if we’ll face a foreclosure crisis next year. This is understandable, especially for those who remember the housing crisis that began in 2008. The reality is, plans have been put in place through forbearance to ensure history doesn’t repeat itself. This year, homeowners are able to request 180 days of mortgage relief through forbearance. Upon expiration of that timeframe, they’re also enti...tled to request 180 additional days, bringing the total to 360 days of deferred payment eligibility. As forbearance expires, homeowners should stay in touch with their lender, because creating a plan for the deferred payments is a critical next step to avoiding foreclosure. There are multiple options for homeowners to pursue at this point, and with the right planning and communication with the lender, foreclosure doesn’t have to be one of them. Many homeowners are concerned that they’ll have to pay the deferred payments back in a lump sum payment at the end of forbearance. Thankfully, that’s not the case. Send us a DM for more infor about today’s market. We’ll be happy to help you! #thejankipatelteam #realestateagent #realestatetips #realestate #bayarea #home #homesweethome #foreclosure #homeownership

An inventory shortage in the housing market represents an imbalance between supply and demand. Today, there are a lot of interested homebuyers right now with relatively few homes available to buy. As a seller, this gives you the advantage in the negotiating process. DM us to learn more about what it takes to sell your house this year. #sellyourhouse #supplyanddemand #inventoryshortage #timetosell #realestate #homeownership #realestatelife #realestatenews #realestateagency #realestateadvice #realestateexperts #instarealestate #realestatetipsandadvice #justsold #thejankipatelteam #realestate #realestateagent

We were busy lately with all the listings and with our wonderful clients But we want to let you know we are still here to help you out! Check out the jankipatelteam.com website to get your Market Reports and Listing Updates. Again this free of charge and obligation free Just want to help #thejankipatelteam

Home is where the heart is, but it can be hard to feel like your heart is fully in a place that isn’t completely yours. Owning your house gives you the power to be able to fully personalize your space and make it feel like the home you want it to be for you and your loved ones. DM me if you’re ready to take the first steps toward homeownership in 2021. #home #firsttimehomebuyer #makingahouseahome #buyingahome #opportunity #housingmarket #homegoals #houseshopping #locationlocationlocation #newlisting #homeforsale #renovated #starterhome #dreamhome #thejankipatelteam #realestate #realestateagent

As a New Year prospers, we are wishing you and your Family a Glorious New Year! #thejankipatelteam #realestateagent #realestate #newyear