If you have a feeling of despair and filing for backruptcy looks like the only way out from under the endless calls from creditors and collection companies. Take a minute and call your realtor. Or better yet call a CRS realtor. Why, you ask? The CRS designation is earned by attending a series of two day courses. They are intense and cover a single or closely related topic. The CRS 204 class is a class for realtors to learn about wealth building. Ok you ask why would I be interested in making realtors wealthy when I am going down the tubes and fast.

Well the answer is simpler than you think. The CRS course lays the ground work for working with banks and short sales. This is incidental and not intended to play out working with foreclosures. In the course work realtors work with banks and loss mitigation departments of banks and lending institutions. The distressed home owner can possibly salvage their credit from this knowledge. At the very least the CRS designee will be able to help you set an action plan to hold off the wolves huffing and puffing at your front door. They could possibly save your home from foreclosure and do a short sale which is far better than a foreeclosure on your credit record. There may even be some banks who will not even ding your credit if you are not too upside down.

Remember each situation is different and the banks want to loan money not be landlords. Call your realtor today and have them discusss your options. It will undoubtedly be worth your time and investment.