“Coming Back from the Dead”

“Coming Back from the Dead”




Those were the words used by this couple that had a foreclosure and bankruptcy in their past. At the advice of friends (they had a similar history), they recommended a conversation with me may help. So many that have gone through this kind of experience are shell shocked and have tremendous fear and shame. Many are embarrassed to discuss this history and are uncomfortable having anyone look at their credit report. The fear of being rejected for credit or a mortgage is like having an elephant in the room. Many that have gone through these financial issues, want to own a home or own a home again, so getting them to discuss what is possible can be a real challenge. This was the case with these two folks. When I sat with them, they said they know they need to come back from the dead. They told me in the last three years, they did not allow anyone to run their credit, except for a vehicle they needed, they were afraid to see what it would looks like. They gave me permission to pull a credit report. It turned out there were two different car loans, that was it, but fortunately all the old history showed that it was included in the BK. They both showed scores in the high 600’s. They were currently paying $1600 rent, about what a mortgage payment would be and had saved a good amount of money as they were not spenders. For them this all started with both of them losing their jobs, within 4 months of one another. When I was done, we discussed what an estimated mortgage payment be. I eventually qualified them for a mortgage. When they were leaving they said, “We are coming back from the dead”. There are many folks in this situation, that want to own a home instead of paying rent, hopefully they will talk to someone that can help them with next steps and home ownership.

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Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com



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Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comment balloon 16 commentsJoe Petrowsky • September 07 2015 08:16AM


The boomerang buyers are jumping back in to the market here in Arizona as well!

Posted by Nicole Doty - Gilbert Real Estate Expert, Broker/Owner of Zion Realty ZionRealtyAZ.com (Zion Realty) over 4 years ago

Hi Joe... this really must be what these kind of home buyers feel when they can qualify for a mortgage and take a step towards the next phase of their lives--that they are coming back from the dead. It must be very satisfying for you to be able to help people like this; I know it is for me.

Posted by Nina Hollander, Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor (Coldwell Banker Realty) over 4 years ago


I really think you nailed it on the emotional roller coaster that these people went through.  Glad they landed in your capable hands.  A

Posted by Ron and Alexandra Seigel, Luxury Real Estate Branding, Marketing & Strategy (Napa Consultants) over 4 years ago

So glad they found you and you were able to help them Joe.....nice resurrection.

Posted by Roger D. Mucci, Lets shake things up at your home today! (Shaken...with a Twist 216.633.2092) over 4 years ago

You are so much more than a lender Joe, you help people.

Posted by Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917 (Coldwell Banker) over 4 years ago

That is so great. It's awesome that you are able to help these great people that went through a difficult time and now have a second chance.  They have done all the right things.

Posted by Debbie Gartner, The Flooring Girl & Blog Stylist -Dynamo Marketers (The Flooring Girl) over 4 years ago

Joe: Slowly but surely more individuals and families are coming back after being down in the recent past. 

Posted by Anita Clark, Realtor - Homes for Sale in Warner Robins GA (Coldwell Banker Access Realty ~ 478.960.8055) over 4 years ago

Joe - it is traumatic.  I know someone who had to due a short sale and never had bad credit.  It is complete but she is totally bummed out.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) over 4 years ago

Joe it is a pleasure to help people like these come back from the dead.  They found themselves in that position through no fault of their own.  However, there are some who just keep on putting themselves in a bad financial positions, and bring them back from the dead is a waste of time.

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) over 4 years ago


Reading your post  . . . . Joe Petrowsky you are the mortgage Doctor mortgages.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) over 4 years ago

Joe, again you helped some home buyers and they are on their way to home ownership.

Posted by Rebecca Gaujot, Realtor®, Lewisburg WV, the go to agent for all real estate (Vision Quest Realty) over 4 years ago

Don't you feel like you are waving a magic wand? It's such a wonderful feeling to give people some hope. 

Posted by Gayle Rich-Boxman Fishhawk Lake Real Estate, "Your Local Expert!" 503-755-2905 (John L Scott Market Center) over 4 years ago

Hi Joe -- I think I like the way Noah Seidenberg summed up your post.  You're so much more than a lender, you help people.  And that's what it's all about or should be.  

Posted by Michael Jacobs, Los Angeles Pasadena 818.516.4393 over 4 years ago

This is a great story to share. There are many thousands of families that need to come back from the dead.

Posted by Roy Kelley (Realty Group Referrals) over 4 years ago

With the wave of short sales and foreclosures that went through the states, this is a story that should be coming around to many soon.  Well done, Joe

Posted by Ed Silva, Central CT Real Estate Broker Serving all equally (RE/MAX Professionals, CT 203-206-0754 ) over 4 years ago

Joe so we can call you God you have bought people back from the dead??:)) on a serious note it is great that you were able to help. Too often people in your client's shoes do not do that or do not think it can be done....Endre

Posted by Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002 (Berkshire Hathaway HomeServices) over 4 years ago