Distressed properties now make up more than fifty prcent (50%) of the real estate market.  As a result, many real estate agents, untrained in the complexities of helping homeowners succeed in avoiding foreclosure, are jumping in where they should not.  The consequences of the failures of unknowledgeable agents is more than a lost sale, it is the devastating ravages of foreclosure on the homeowner.   Consequences the homeowner will carry on their credit and employment files for seven to ten (7 - 10) years.

More and more real estate agents (even entire real estate companies) are outsourcing their responsibilities for pre-foreclosure transaction management to third party processing companies.  It may sound "efficient," but it necessarily removes the homeowner and the real estate agent from the critical hands-on, day-to-day management of homeowner/lender negotiations.  Especially in Short Sale situations, this insulation from operational accountability can rob homeowners of crucial time to avoid foreclosure.  If there is a problem or a delay, the homeowner and the real estate agent must know immediately in order to take corrective and pre-emptive action.

If you or someone you know is hiring a real estate agent to help them avoid foreclosure, be sure that agent is "certified" and that they will oversee and manage the foreclosure avoidance steps and proceedures, personally.

. . . what they don't know, can be catestrophic for you.

Be sure to ask for Clay & Kathie's free Special Reports for homeowners in financial distress.