Foreclosure in this economy, if not handled appropriately will cause financial ruin and delay an individuals recovery period. The main purpose to avoid foreclosure, is to minimize an individuals financial loss, while limiting the damage to their credit history. This is why it's critical to utilize a Realtor who has earned the Certified Distressed Property Expert designation. Jennifer and Gary Ricco are Santa Clarita's short sale specialists.
Most of the Realtor's I have recently dealt with have not shifted with this market, they are used to putting a yard sign in the front yard and the home selling it's self, hence generating a commision. Most Realtor's lack an understanding of Real Estate Financing, which is critical in the process of avoiding foreclosure. A Realtor negotiating with lenders on behalf of a homeowner in a short sale, MUST understand the foreclosure process inside and out. The Realtor needs to understand debt to income ratio's, the difference between a pay option ARM, interest only and an Adjustable Rate Mortgage. Prepayment penalties and mortgage insurance are other critical area's the Realtor MUST have knowledge and experience in when negotiating short sales for the purposes of avoiding foreclosure.
The Distressed Property Institute, www.cdpenow.com has the most comprehensive foreclosure avoidance training program available to Realtor's. NAR has left it to it's members to seek education with regards to these types of transactions. Here are just a few of the CDPE's Board of Advisor's that are instrumental in the cause and motto behind the CDPE designation. "Solving the foreclosure crisis one homeowner at a time."
Dave Jenks
Chief Visionary Officer | Free Enterprise Warriors
Dave is a 28 year veteran of the real estate industry. He has served as a master trainer, business consultant and executive leader for Century 21 and Keller Williams Realty International. Prior to entering the real estate industry he worked in higher education administration, sales and marketing, fund-raising and as an instructor for Dale Carnegie Training.
From 1985 until 1994, Dave served as Regional Director and Divisional President for Century 21, first in New York and then in Texas. After founding The Leadership Connection to train business and sales leaders, he joined Gary Keller and Mo Anderson with Keller Williams Realty International in 1996. Over the next 10 years they grew the company from 2,100 agents to over 72,000.
In 2003, Dave co-authored The Millionaire Real Estate Agent which has become one of the all-time best selling books in real estate. During the next five years he co-authored four more books including the 2007 publication of SHIFT: How Top Real Estate Agents Tackle Tough Times. Dave has gained a nationwide reputation as a master trainer and inspirational speaker.
In January of 2009, he teamed up with Laurie Hathorn to launch FreeEnterpriseWarriors.com, a web-based business dedicated to activating and supporting the global entrepreneurial transformation. Dave is Chief Visionary Officer of the company and writes regular blogs on www.davejenks.com.
Dave Liniger
Founder | RE/MAX International
The RE/MAX International Chairman and Co-Founder is generally credited with doing more than anyone in the real estate industry to improve the working conditions and income of real estate agents. He is a nationally recognized expert in time management, training, recruiting and motivation. He has been featured in The Wall Street Journal, Entrepreneur, Forbes, Fortune, Success and other global media. He is a private pilot, Arabian Horse breeder and wildlife art collector..
Steve de Laveaga
SVP of Fidelity National Title
Steve de Laveaga, SVP of Fidelity National Title, leads his dynamic Sales team in providing increased business for all FNT clients while maintaining a strong profit margin for the FNF Parent entity. His goal is to create long term employment and job growth for the employees throughout FNT Maricopa, Pinal and Coconino counties. On a day to day, Mr. de Laveaga facilitates and closes new business opportunities while continuing to create a strong, long term value proposition to the FNT customer base. He has daily interaction with current clients and prospects and attends regular Broker meetings. He also manages the Sales team, is active in recruitment, and aids in creating opportunities that ensure elevated results and productivity. His combined twelve years in Real Estate and eighteen years of Sales experience, have made his 7 years at FNT a robust and successful pairing. By recruiting at the highest level of talent in Sales, Mr. de Laveaga has assembled a diverse team that together has increased the growth in revenue and profit retention. He is pleased to see his efforts result in a synergy between groups and branches resulting in a growing client base at every level. Mr. de Laveaga is not only a driven leader in business, but also a dedicated husband, father and member of his community. He is actively involved as a Board Member of "It's all about the Kids Foundation" here in Phoenix. His ten years spent playing Professional Basketball for the Australia ABA also lead him to becoming an Honorary Member of the Tynan/Eyre foundation in Australia, supporting fallen Police Officers. He is also recognized as a Lead On Board Member for the Victoria, Australia chapter of the Make a Wish Foundation in supporting the Annual Basketball Extravaganza. Originally of San Ramon, CA, now residing with his wife and children in Gilbert, AZ, Mr. de Laveaga lives the by the standard of work hard - play hard. After a long day of successful transactions and meetings, he enjoys making time to coach his son's basketball team, support his daughter in her competitive equestrian activities, and have a long, quiet walk with his wife. His personal long term goal is to be a good husband, a great father and a better leader.
I encourage all Realtor's to invest in themselves and join this growing group of Real Estate Professionals, who are committed to helping homeowners avoid foreclosures. Your clients needed your professional guidence when purchasing and need a trusted professional now more then ever. Join me and thousands of other Realtor's across the country,"Solving the foreclosure crisis one homeowner at a time!"
Jennifer and I extend free confidential consultations to homeowners in the Santa Clarita Valley, San Fernando Valley and Ventura County. Don't let the threat of foreclosure paralize you, act now, Jennifer and I are here to educate you on the solutions available to deal with your financial hardship. For free 24 hour recorded information, call the Santa Clarita Foreclosure Helpline at 1(800) 805-2409 extension 2002
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