Alexandria VA Short Sale Realtor - Trained To Help
If you want to be a doctor, you go to medical school and train. If you want to practice law, you go to law school, study, and try cases. Realtors who want to become specialized in a particular niche of real estate advance their skills by acquiring certain designationd and certifications, beyond their normal licensing requirements.
With foreclosures on the rise and the increasing demand for Realtors to be well educated and trained in various aspects of pre-foreclosure related topics, it is imperative that Realtors become proficient in these niche disciplines. Foreclosures continue to skyrocket and homeowners who may have fallen behind on their payments need to know where to turn to find out more about what options might be available when facing foreclosure.
On a traditional listing, a homeowner is usually hopeful to get the price they're asking. In a distressed situation, where the homeowner has a hardship, is behind on mortgage payments, and owes more on their mortgage than what the property is worth, they typically must sell quickly to avoid foreclosure. Realtors must be property prepared in knowing what to do if a situation like this arises. As a Certified Default Resolution Specialist (CDRS) and Certified Distressed Property Expert (CDPE), Realtors go through a comprehensive training program to learn exactly how to assist in facilitating the decision-making process with a homeowner, to identify the best strategy for a homeowner who may not qualify for a loan modification or special forbearance.
Some might say that it is the homeowner's responsibility to determine which option or alternative may be best for them, given their unique situation, but most homeowners truly don't know what to do in a situation like this. Reports show that, while some homeowners qualify and are taking advantage of the pre-foreclosure options made available through the Making Home Affordable Program and other government initiatives, too many home owners are still too afraid to call their lender and find out what other options might be available to them. In many cases, the first person a homeowner calls when they are in trouble with their mortgage is their Realtor. Therefore, it is of utmost importance that the Realtor knows what to do, what to say, and how to determine the best strategy in moving forward. Getting the right pre-foreclosure education and training is essential to be able to help homeowners either keep their home or avoid foreclosure.
Tamara Inzunza is a licensed Realtor with McEnearney Associates Realtors in Old Town Alexandria. Since the 1980's McEnearney Associates, Realtors has been a leader in real estate sales and luxury homes throughout the Washington DC metropolitan area. Tamara is also a distinguished member of the National CDRS Agent Network, offered with America's Home Rescue, with a proven track record of successfully closed short sales including HAFA short sales, FHA Pre-Foreclosure short sales, and short payoffs.