Host: Rich Szerman

Topic: Dead Cat Bounce and Foreclosure Defense

The Real Estate Fix With Rich Szerman – Dead Cat Bounce and Foreclosure Defense– May 5, 2023

On today’s episode of The Real Estate Fix with Rich Szerman, Rich opens up the show by discussing some market updates, specifically the “Dead Cat Bounce” phenomenon. This terminology refers to when a commodity that is declining in value has a short burst of growth before continuing its downward trend. Rich describes how this term relates to the current real estate market and national property. He predicts that by the end of the year, housing prices will be down 5% but interest rates will be up about 7%.

After the first break, Rich discusses institutional deficiencies in the real estate market and how his business model assists homebuyers by offering to fix commodities. This offers his business a 2:1 return and ensures homeowners that their property is in the best shape possible before selling it. He also discusses the “Rental Rebate” program in which 10% of a rentpayer’s rent goes back into helping them buy a house, stressing the importance of being a homeowner in this day and age.

Finally, Rich wraps up the show by discussing defense from foreclosure, specifically “asset loss department” and how their incompetence affects homeowners. He refers to this department as the “Repeating Idiot Machine” and urges listeners to be weary of how banks take advantage of people’s situations regarding mortgage.

Rich Szerman has been helping clients buy, sell, and protect real estate for over 30 years.

In today’s volatile economic landscape real estate is the single biggest and best investment most people can have. Whether you own your own home or want to own one someday, real estate effects everyone. So, knowing how the housing market works is critical to making real estate work for you.

Whether you need help with foreclosure, disclosure, mortgage, title, refinance, buying or selling, or any other issues he is here to help. His team of experts have been fixing people’s real estate problems and answering their questions for over 3 decades. Whatever your issue is, they’ve probably seen it and solved it before and they’re here to help.

Email: richszerman@gmail.com
Phone: 661-253-3000