Monday, August 2, 2010

Local Agent Provides Free Homeowner Education on the Best Options to Avoid Foreclosure

FOR IMMEDIATE RELEASE

Contact:
Vandana Chima
Broker/Owner
EXIT Realty Chima Group
(702) 401-1404
RealtorVandana@yahoo.com

Local Agent Provides Free Homeowner Education on the Best Options to Avoid Foreclosure

Website offers reports, videos and answers for the growing number of homeowners in need of foreclosure alternatives.

Las Vegas, NV (Grassroots Newswire) August 2, 2010-- Local real estate agent, Vandana Chima of EXIT Realty Chima Group, is a Certified Distressed Property Expert, and is now offering free educational information for homeowners who are delinquent on their mortgages.

Accessible through www.VandanaHelpsHomeowners.com or www.RealtorVandana.com, these educational materials clearly explain what a homeowner’s options are when faced with an unaffordable mortgage, as well as the benefits of each option.

One option highlighted in the website is the Home Affordable Foreclosure Alternatives Program, or HAFA, which offers eligible homeowners $3,000 to pursue a short sale or deed-in-lieu, two alternatives to foreclosure.

“We often find that homeowners in a difficult financial situation will hesitate to directly contact a professional for help,” Chima said. “My website offers a way to learn about what options are available so anyone can empower themselves with the necessary knowledge and then contact me to help pursue their best options.”

The latest numbers on mortgage delinquency show that approximately one in every seven mortgages is in some stage of delinquency. While they might not be immediately foreclosed upon, these homeowners become more at risk of foreclosure the longer they wait to do something about their missed mortgage payments.

“Many of these distressed homeowners bought their homes in a financially responsible manner,” Chima said. “Unfortunately, these people have had their finances turned upside-down over the past few years. Now, they must make their mortgage payments with constricting incomes.”

The CDPE designation Chima has acquired provides real estate professionals with specific understanding of the complex issues confronting the real estate industry. Through comprehensive training and experience, CDPEs are able to provide solutions for homeowners facing financial hardship in today’s market.

For more information about the CDPE Designation, visit www.cdpe.com.

For more information about EXIT Realty Chima Group, please call (702) 401-1404. EXIT Realty Chima Group is located at 3230 S. Buffalo Drive, Suite 105, Las Vegas, NV 89117.

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    Documents and/or Photos available for this release:

Foreclosure is NOT the only option

To view supporting documents and/or photos, go to www.enr-corp.com/pressroom and enter Release ID: 265473

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