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Wednesday,November 19, 2008
MEMPHIS ? Crye-Leike, REALTORS has launched a program called "Save the Dream," which asks the firm's brokers and sales associates to reach out and help a distressed homeowner.
"There are now hundreds of thousands of families all across America facing foreclosure because they simply cannot afford their mortgage payments, or they owe far more than their house is currently worth," wrote Harold E. Crye and Dick Leike in an open letter. "With this stark reality in mind, we are writing you today to initiate as system-wide call to action to the more than 3,500 brokers, managers and sales professionals who are affiliated with us.
"We are asking each of you to help 'Save the Dream' of home ownership for just one family facing foreclosure. This 'Save the Dream' initiative may require several hours or even a few days of your time, but we are confident the end result will be well wort...
Crye-Leike Realtors are always interested in selling homes, but right now they're also focused on keeping people in the ones they already own.
Company owners have sent a letter to all their brokers and sales associates about helping clients 'Save the Dream.'
That letter asks agents to find just one family who may be facing foreclosure and help them reach out to their lender or housing counseling agency.
The hope is that with the help of Crye-Leike, homeowners can begin process of exploring a loan workout solution.
Such a process has already worked for George Woolford of Sherwood.
His ex-wife's default on a divorce agreement left his house near foreclosure and his credit standing in peril.
Realtor Keisha Brown helped him craft a deal that worked for him.
He wanted to be able to be curren...

Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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