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Distressed Properties
For Buyers, it's a great time to pick up an awesome deal on a Foreclosed home or Short Sale.
For Sellers, however, falling behind in your mortgage payments due to hardship, a huge jump in monthly payments after a mortage rate adjustment or needing to relocate while you are "upside down" -- all can be very frightening. That is is why you need the expertise of a Certified Distressed Property Expert, or CDPE, to provide information and options, both for Buyers and Sellers.
Let Pat Mulligan, ABR, SRS, CDPE help you navigate the confusing world of Distressed Properties.
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For Sellers Avoiding Foreclosure: You have Options
Foreclosure is one of the most devastating financial challenges that a family can face and one that many times can be avoided. The options available to residents for foreclosure are many, including but not limited to short sales.
Check out possible Options to Avoid Foreclosure
Contact Me today for your free, no-obligation consultation if you, or someone you know, is in trouble, or may be soon. 7 out of 10 Foreclosure sales proceed without the help of a qualified professional. Many of those foreclosures could have been avoided. There is no shame is having trouble. The shame is letting it get out of control. The quicker you act, the better! Call for help today!
For Buyers: Foreclosed Properties and Short Sales ARE great deals.
Purchasing a Distressed Property can be very profitable for the First-Time Buyer, the Move-up Buyer or Investor. Many real estate agents will try to steer you away from purchasing a Distressed Property. They are AFRAID of them--they do not know how to negotiate or manage the transaction. They don't know how to successfully navigate the system. There are many tricks and traps that can be frustrating while trying to purchase a Foreclosure or Short Sale, but with the right REALTOR, you can be very sucessful obtaining the home of your dreams at a great price, in your time frame and with the least amount of hassles.
After successfully representing dozens of Buyers in the purchase of Short Sales and Foreclosures, I feel confident that I can help you to do some or all of these:
* Pay less than list price even for the most aggressively priced property
* Get ALL of your closing costs paid- and maybe even then some!
* Get repairs paid for by the seller, even if the seller is a BANK or it is being sold "as-is"!
* Purchase a "fixer upper" with a VA or FHA loan.
Every Buyer's situation is different. Contact me now to set up your Free, no-obligation Buyer Counseling Session to see if these Distressed Properties are for you.
What is a CDPE?
A Certified Distressed Property Expert® (CDPE) is a real estate professional with specific understanding of the complex issues confronting the real estate industry, and the foreclosure avoidance options available to homeowners. Through comprehensive training and experience, CDPEs are able to provide solutions for homeowners facing hardships in today’s market, specifically short sales.
The prospect of foreclosure can be financially and emotionally devastating, and often homeowners proceed without guidance of any kind. The developers of the CDPE Designation believe that the best course of action for a homeowner in distress is to speak with a well-informed, licensed real estate professional. They have the tools needed to help homeowners find the best solution for their situation. Often, when other options have been exhausted, CDPEs can help homeowners avoid foreclosure through the efficient execution of a short sale.
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 a
CDPEs don’t merely assist in selling properties, they serve and help save their clients in need.
reprinted from the www.cdpe.com
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