Foreclosure Avoidance from Loan Modification to Short Sales

In 2006, our first listing turned out to be a short sale. We failed to get it approved and the home went to auction.  We learned more from that failure than all the training classes before or after.

Most real estate brokers will immediately advise an upside down, distressed home owner to do a short sale.  We don’t.  We advise clients on ways to avoid foreclosure. A short sale may be an option, but it’s not the only one. In fact, it’s next to last.

We will discuss every option available from loan modification to deed-in-lieu to refinance to short sale, if it comes to that.  We provide the information. The client chooses what works best for him or her.

We carry both the FACS (Foreclosure Alternative Certified Specialist) and CDPE (Certified Distressed Property Expert) designations.  Still, if it comes to a short sale, we work with Mortgage Resolution Services, a division of  Fidelity National–a Fortune 500 company. A lot of technical work is involved here to protect owners’ interests, and we don’t want to leave anything undone or any money on the table. We’ve also got good referrals for legal advice and tax help, where required.

Finally, the client chooses how to pay.  Fee-for-service and commission-based compensation are both offered.

All of our short sale listings will receive a home warranty. Email bill@terradigmrealestate.com.