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86 IN THE NEWS Real Estate Capital Firm Publishes Online Short Sale Guide Jacksonville, Florida-based JWB Real Estate Capital published its online invest- ment property short sale guide to provide information for property owners on foreclo- sure prevention. While foreclosure numbers have declined since 2007, many homeowners still face the threat of foreclosure. While legal processes vary among states, property owners who are behind on their mortgage payments can use the short sale guide as a resource to explore their options and prevent a foreclosure on their home. Information provided by JWB can help rental homeowners find alternative solutions to their housing problems. "e owner of a property could qualify to complete a short sale on an investment home if all guidelines are followed," a JWB Real Estate Capital source said. Rental properties face tax implications when they are foreclosed, resulting in a prop- erty owner facing other consequences when the deed gets to the lender. JWB provides homeowners with both information on IRS forms and IRA financing to avoid when us- ing recourse lend types. "We opened a program earlier this year that helps investors use stored funds in an IRA or 401K to purchase homes to avoid the issues with foreclosures or short sales that can be common," the source said. JWB manages more than 300 clients around the world. Most recently, JWB opened a private construction division for investment clients to build new homes and create a new monthly revenue stream. Georgia RANK: 35 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate NOVEMBER 2014 2.77% 0.90% 6.9 YEAR AGO 3.40% 1.21% 7.4 YEAR-OVER-YEAR CHANGE -18.5% -25.5% -0.5 Top County UPSON COUNTY 90+ Day Foreclosure Delinquency Rate Rate NOVEMBER 2014 5.75% 3.23% YEAR AGO 5.10% 1.81% YEAR-OVER-YEAR CHANGE 12.8% 78.8% Top Core-Based Statistical Area THOMASTON, GA 90+ Day Foreclosure Delinquency Rate Rate NOVEMBER 2014 5.75% 3.23% YEAR AGO 5.10% 1.81% YEAR-OVER-YEAR CHANGE 12.8% 78.8% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the November 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary November 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Georgia Marc Oppenheimer Associate Broker, CDPE / BPOR Serving REO Since 1987 5920 Roswell Rd Suite B-118 Atlanta,Ga. 30328 Phone: (770) 668-0063 Cell: (678) 296-6550 oppy@atlantareo.com www.atlantareo.com Kentucky RANK: 24 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate NOVEMBER 2014 2.14% 1.46% 5.7 YEAR AGO 2.46% 1.85% 7.9 YEAR-OVER-YEAR CHANGE -13.1% -20.9% -2.2 Top County PERRY COUNTY 90+ Day Foreclosure Delinquency Rate Rate NOVEMBER 2014 4.71% 5.49% YEAR AGO 4.70% 7.05% YEAR-OVER-YEAR CHANGE 0.1% -22.2% Top Core-Based Statistical Area LONDON, KY 90+ Day Foreclosure Delinquency Rate Rate NOVEMBER 2014 3.27% 2.87% YEAR AGO 3.36% 3.87% YEAR-OVER-YEAR CHANGE -2.7% -25.7% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the November 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary November 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Louisiana RANK: 22 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate NOVEMBER 2014 3.61% 1.63% 6.7 YEAR AGO 3.68% 2.12% 5.4 YEAR-OVER-YEAR CHANGE -1.8% -23.1% 1.3 Top County ST. JOHN THE BAPTIST PARISH 90+ Day Foreclosure Delinquency Rate Rate NOVEMBER 2014 7.90% 3.73% YEAR AGO 6.65% 4.37% YEAR-OVER-YEAR CHANGE 18.7% -14.7% Top Core-Based Statistical Area BASTROP, LA 90+ Day Foreclosure Delinquency Rate Rate NOVEMBER 2014 9.56% 2.92% YEAR AGO 7.86% 2.40% YEAR-OVER-YEAR CHANGE 21.7% 22.0% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the November 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary November 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Florida's foreclosure inventory declined by 49 percent year-over- year in January 2015 down to 3.5 percent, the second-largest decline among states, according to CoreLogic. KNOW THIS With 7,634 cumulative bankruptcy filings in the first two months of 2015, Georgia ranks fourth among states behind only California, Illinois, and Florida, according to AACER bankruptcy data reported by Epiq Systems. KNOW THIS