When your a homeowner facing foreclosure its difficult to manage your emotions during this process.  What's important to focus on may be clouded by your attachment to the property.  An experienced Realtor will be comforting throughout the process.  Homeowners trying to avoid foreclosure need a Realtor who is trained to handle and negotiate these difficult transactions.  Being a Certified Pre Foreclosure Specialist with a Certified Distressed Property Expert designation ensures homeowners that we have the training and experience required to handle these transactions. Here's another example of how we help Santa Clarita homeowners avoid foreclosure.

We were contacted by these clients, in Feb 2009 for a consultation.  After careful analysis of their situation and their communication with a CPA and Tax advisor, these clients decided a short sale would be the best solution to minimize their financial loss and limit the damage to their credit history.  We listed the property at FMV ($455,000) and represented a committed buyer to purchase the property.  We educated everyone involved in this transaction on the time frames and pitfalls associated with a short sale transaction. 

Jennifer and I showed the buyers what FMV was in this neighborhood and they agreed to make a reasonable offer ($425,000), which we believed the lenders would accept. Jennifer and I negotiated with BofA, who held both the 1st and 2nd liens.  BofA accepted the $425,000 offer and gave the buyers a 3% credit towards closing costs. After negotiations were settled, we had a delay due to the buyers bank (Chase) not funding on time. This entire process lasted alittle over 5 months and recently closed, with the homeowner avoiding foreclosure.

Those not educated on this process will say this process is impossible or takes way to long.  This is the reality of the current Real Estate Market.  As a Realtor in today's market it's critical to have the training, experience and communication skills to manage and facilitate transactions for seller's and buyer's.  We all just need to do our part while President Obama's administration and the banks streamline the short sale process.  

If your facing foreclosure, we can help you understand your Pre-Foreclosure options. Jennifer and I provide Free Consultations! Don't gamble with your financial future, you need a trusted representative with a proven record. We extend our services to homeowners in the Santa Clarita Valley, San Fernando Valley and Ventura County. For recorded information on Pre-Foreclosure Options Call 1(800)805-2409 ext 2002

If your a buyer in this market you need a Realtor who has received specific training in distressed markets, has experience in representing buyers in today's market and the ability to negotiate on you behalf to get the job done.  If your buying in today's market, Jennifer and I would like the opportunity to earn your business. Our buyer consultations are educational.