Beyond The Story with Sebastian Rusk

How To Save Your Home From Foreclosure and Probate: Cody Oakes - Real Estate Rescue


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In episode 200 of Beyond The Story, Sebastian Rusk interviews Cody Oakes, who is actively working in the world of foreclosures to help people save their homes or find better solutions.

Cody discusses the need to educate homeowners about their options and how the banks often discourage them from finding solutions. The conversation dives into the challenges homeowners face and the strategies used to navigate the foreclosure process, and at the same time how his passion for helping others led him to start his own podcast.

SUBSCRIBE to Cody's podcast "Real Estate Rescue" to learn all about how to prevent foreclosure, and save your home: https://www.realestaterescuepodcast.com/

Join Sebastian Rusk and his guest, Cody Oakes, to gain valuable insights into the world of foreclosures and the importance of taking action to protect one's home.

TIMESTAMPS

[00:01:52] How the Whole Story Started.

[00:07:00] Rising Interest Rates and Debt-To-Income (DTI).

[00:09:59] Personal Loans as a Solution.

[00:10:53] Creative Solutions for Struggling Homeowners.

[00:18:39] Doing Work that Matters.

[00:20:36] The World of Foreclosure.

In this episode, Sebastian Rusk and Cody Oakes discuss the potential risks of doing business in the foreclosure industry. Specifically, Cody cautions against dealing with certain groups, such as wholesalers and contract flippers, who may lack the necessary resources or expertise to fulfill their promises. Cody then shares instances where his company, Real Estate Rescue, has lost deals to these individuals, only to have them later regret their decision and wish they had chosen Real Estate Rescue's services instead. He emphasizes the importance of thoroughly vetting everyone involved in a foreclosure transaction and encourages listeners to seek a second opinion if needed.

Furthermore, this episode focuses on the importance of doing the right thing and taking care of people. Sebastian commends Cody, for consistently doing what is right and being someone who looks out for others. Sebastian also highlights Cody's reputation for always doing what is right and emphasizes that doing the right thing always at the right time. 

QUOTES:

  • “The biggest thing for me was spreading awareness, letting individuals know that, ‘Hey, you do have options and that there are solutions for you.’” - Cody Oakes
  • “These forbearance programs are ********. They're not even set up to help people be able to keep their home because the bank really holds the keys, pun intended, with this entire process.” - Sebastian Rusk
  • “So every solution is different. And I tell everybody, ‘You know, I don't have a rule book or guidelines that I have to follow. I kind of make the rules as I go.’ Because at the end of the day, this is all about helping people in certain situations.” - Cody Oakes
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Beyond The Story with Sebastian RuskBy Sebastian Rusk

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