Don Gillette
Miami, FL (USA)
Role(s):
Property Solutions Specialists, Inc.
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Startup
Location:
Miami
Industry:
Real Estate
Year Founded:
2007
Number Employees:
INVALID
Description:
Currently there are millions of Americans who are facing serious problems meeting their mortgage obligations. This crisis is largely due to the widespread utilization of adjustable rate mortgages and subprime mortgages to offer individuals the opportunity to purchase homes they would not normally qualify for.
This is a crisis of epic proportions. We have now reached a point where, in the United States, over 2,000,000 homeowners went into mortgage default in just the last month alone. This presents a sizable opportunity for a company to capitalize on the prospect of helping these distressed homeowners stay in their homes.
These distressed homeowners typically know of only two solutions with which to deal with their mortgage problems, they can either sell their home, often at a sizable