As Short Sales & Foreclosure Resource and Certified Distressed Property Expert® (CDPE) I have specific understanding of the complex issues confronting the real estate industry, and the foreclosure avoidance options available to homeowners.
The prospect of foreclosure can be financially and emotionally devastating, and often homeowners proceed without guidance of any kind. Your best course of action is to speak with a well-informed, licensed real estate professional. I have the tools you need to find the best solution for your situation. Often, I can help you avoid foreclosure through the efficient execution of a Short Sale.
What is a Short Sale?
A homeowner is 'short' when the amount owed on his/her property is higher than current market value.
A short sale occurs when a negotiation is entered into with the homeowner's mortgage company (or companies) to accept less than the full balance of the loan at closing. A buyer closes on the property, and the property is then 'sold short' of the total value of the mortgage.
A short sale can be an excellent solution for homeowners who need to sell, and who owe more on their homes than they are worth.
While enduring financial difficulties is challenging for any family, the process of finding a qualified real estate professional should not be. Selecting an agent with the CDPE Designation ensures you are dealing with a professional trained to address your specific needs. For more information, contact me at (845) 462-8990 or send me an email firstname.lastname@example.org