Valerie McNeal, CDPE, CRS, GRI,
Name
Valerie McNeal, CDPE, CRS, GRI,
Company
RE/MAX First Choice
E-mail
Contact Valerie McNeal, CDPE, CRS, GRI, (RE/MAX First Choice)
Website
http://www.TheMACTeam1.com
Office Phone
(443) 405-3587
Cell Phone
(301) 704-8129
Fax
(866) 431-0427
Description
Certified Residential Specialist & Distressed Property Expert specializing in Short Sales, Foreclosures, Residential & Investment Purchases. Baltimore Metro Area. BRAC. www.TheMACTeam1.com

About Us:

Valerie McNeal EARNS PRESTIGIOUS DESIGNATION TO HELP HOMEOWNERS IN DANGER OF FORECLOSURE 

Valerie McNeal of RE/MAX Sails in Baltimore  has earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in Foreclosure Avoidance and Short Sales. This is invaluable expertise to offer at a time when the area is ravaged by "distressed" homes in the foreclosure process.

Short sales allow the cash-strapped seller to repay the mortgage at the price that the home sells for, even though it is lower than what is owed on the property. With plummeting property values, this can save many people from foreclosure and even bankruptcy. More and more lenders are willing to consider short sales because they are much less costly than foreclosures.

In the Baltimore area, more than 1 out of 10  homes are in danger of foreclosing. It is happening in all price ranges. Local experts say that even high-priced homes are not immune.

"This CDPE designation has been invaluable as I work with sellers and lenders on complicated short sales," said McNeal. "It is so rewarding to be able to help sellers save their homes from foreclosure." 

CERTIFIED DISTRESSED PROPERTY EXPERT

7 out of 10 homeowners who go into foreclosure end up there without having received any professional help.  A Licensed Realtor like Valerie McNeal who has earned the prestigious Certified Distressed Property Expert (CDPE) is uniquely qualified to help homeowners in financial trouble and may be facing the possibility of foreclosure.

Definition of a Distressed Property:

1.  Property that is in poor physical condition.

2.  Property that is or will be in some stage of the foreclosure process.

3.  Property that is owned by a person or persons who is or are experiencing a period of financial instability.

4.  Property on which the mortgages total an amount higher than the current value and an owner must sell.

There are many reasons why a property may fall into one of the categories above.  Some of the reasons are:

  • SubPrime lending market began to show major signs of issues in 2005 and 06 - mortgage companies and lenders actually began closing and declaring insolvency at alarming rates. 
  • Rapid appreciation of the real estate market drove the creation of a new category of homeowner, the "investor".
  •  Nat'l Assoc. of Realtors reported that in 2005, 4 in 10 or 40% of home purchases were investment or second homes. 
  • A boom in the condo and new construction markets. 
  • Many borrowers who may have the credit and income to refinance no longer have the equity in their properties due to the depreciation in their homes value. 
  • The decrease in number of lending institutions has decreased the number of options that buyers have making it difficult for those now buying a home to qualify for financing. 
  • Many areas of the country, homeowners who have to sell are competing with builder closeouts, REOs, and other distressed properties that are driving down values.

 

Areas of Expertise

Valerie is a Certified Residential Specialist as well as a Certified Distressed Property Expert, currently specializing in Short Sales, Foreclosures and Distressed Properties of all kinds.

Certified Residential Specialist and Distressed Property Expert. Provide Assistance to Distressed Homeowners. Serving the Baltimore Metropolitan area, Baltimore County, Howard County, Harford Co. Investors Realtor. BRAC.

Testimonials

Tiffany Haynes, Upper Marlboro, MD and Investor in Baltimore says about The MAC Team:

Do you feel that I adequately explained the real estate process and what you could expect during each phase of the process.                                                                    Yes       No

Do you feel that I really cared about you and your real estate needs?       Yes      No

Would you feel comfortable recommending MY Services to friends and colleagues?                                                      Yes     No

 Please answer each question openly and honestly. All response are confidential.  Feel free to write on the back of pages.

Why did you choose to work with us? The MAC Home Team was recommended to me by Karen Hayes.

What could I do to improve my service and provide a more positive real estate experience? The service was great!

 What could I do to improve our service? Once again no complaints, the service was great, the Investment Purchase process was explained in major detail and I cannot imagine going thru the process without Valerie! Since then I've purchased 2 additional investment properties in Baltimore and am looking for a multi-unit next. I will be using Valerie to assist me in the process.