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Foreclosures Account for Many Home Sales

By
Real Estate Broker/Owner with EXIT Realty Platinum

A WHOLE NEW BALLGAME

According to a recent survey conducted by the National Association of REALTORS®, close to one third of existing home sales were either foreclosures or short sales (meaning sales in which the lender agreed to allow the home to sell for less than the amount outstanding on the mortgage).  Indeed, it seems for now that these "distressed properties" have become the new "traditional" sales transaction.

This is why it is so important to seek the representation of a specially trained and qualified real estate professional.  Sellers particularly need assistance in navigating these complex short sale transactions, and buyers need guidance if they are to take advantage of these delicate opportunities.

Obviously, real estate agents are among the biggest advocates for homeownership, and we strongly believe that any home lost to foreclosure is one too many.  Regrettably, some circumstances arise where homeowners are simply unable to maintain their mortgage payments, and risk going into default.  In those cases, a trusted agent's specialized knowledge can help secure a short sale and keep the sellers out of the grueling foreclosure process.

Aside from staying current on national and local laws that apply to short sales and foreclosures, realty professionals are trained in qualifying sellers for assistance, negotiating with lenders, protecting buyers, and limiting risk.  Now more than ever, it makes sense for both sellers and buyers to seek professional representation.

 As your Real Estate Advisor, I can help you find your DREAM HOME, or provide you with a FREE HOME VALUATION to help you sell your current property. My experience with homes located in Richmond County, Rockingham, Hamlet, Ellerbe, Cordova, and Hoffman NC comes from having a Top Producing Office that values client relationships more than sales. Nicole Hayden GRI, CRS

 www.ExitRealtyPlatinum.biz 

Our motto is "Buy or Sell with Me & Use This Truck to Move for Free"

To view properties for sale or get the latest real estate information in Richmond County, NC, visit my website at

 www.RichmondCountyHomes.com

I can be reached by e-mail @ Nicole@NicoleHayden.com if you have any questions or need to schedule a listing or showing appointment.

Specialties:

•·         Home Sales- Existing and new Construction

•·         Investment properties

•·         REO/Foreclosure Properties

•·         Relocation

Community:

As a professional in my community I also participate in our local Chamber of Commerce and am a member of the newly formed Ambassador Group that helps bring in and work with new members. Also, I am a member of the Richmond County Education Foundation Board, Richmond County Women's Service League, Vice-President for the Richmond County Board of Realtors, and RPAC Chair for 2009.

I look forward to working with you.