Showing posts with label short sales. Show all posts
Showing posts with label short sales. Show all posts

Tuesday, July 26, 2011

Are you worried about your mortgage? A CDPE can assist you!

Having been a realtor since 1994, I can certainly say that the market has changed. It has had ups and downd but I can still remember my first few "short sales". I remember my seller having a hardship and owing more than the house was worth and asking the bank what they could do. It took about 6 months but in the end, we were able to save the seller from having to foreclose.

Sellers who stop making mortgage payments -- and those headed into default who cannot refinance or work out loan modifications usually have three options for sale: sell the home before foreclosure is final, give a deed-in-lieu of foreclosure to the bank or let the bank take the property in foreclosure. Buyers and investors often try to negotiate with the bank on short sales before the home foreclosure is complete, especially if the home is worth less than its mortgage balance.

As a certified distressed property expertI feel more confident in assisting sellers and buyers when dealing with a short sale or foreclosure situation. Not having a CDPE, can certainly be a risk taking gamble. As a CDPE, we are trained for many hours and invest not only money but time into becoming well versed in all foreclosure and short sale situations thus allowing the most seamless transactions and no surprises.

Having worked in the motion picture industry and worked with many celebrities, I understand the need for discretion. Let's sit down and discuss your options to see if you are a candidate for a short sale. Our meeting will be held in strict confidence and there is no obligation. Call me today to schedule. 678.666.5101