Local Agents Provide Alternatives for Homeowners Facing Foreclosure

FOR IMMEDIATE RELEASE

Contact:
Holly B. Pring
Broker/ Owner, CDPE, SFR
EXIT Realty Group
908-303-0478
ExitGroup@verizon.net

Local Agents Provide Alternatives for Homeowners Facing Foreclosure

Short Sale the Alternative to Foreclosure

Bernardsville, New Jersey (Grassroots Newswire) 04/05/2012 -- Online report outlines alternatives to foreclosure for distressed homeowners in Somerset, Morris & Hunterdon county and all surrounding areas.

Bernardsville, New Jersey – Local CDPE-designated agents, Holly Pring & Charles Hendershot of EXIT Realty Group have developed a website providing information describing several opportunities for homeowners to avoid the negative financial impact of foreclosure.

This community resource is available at http://www.topsomersethomes.com and defines foreclosure alternatives including short sales, loan modifications, and forbearance.

“It’s a concern to me that so few in our community know their options when they start to fall behind on mortgage payments,” Pring said. “If they act quickly and get informed, they can make informed decisions to find financial stability.”

Foreclosure alternatives such as short sales—which now make up over one-third of real estate closings across the nation—are an increasingly popular way for both homeowners and lenders to minimize their losses in this tough economy.

“More lenders are realizing that they can save money in a short sale versus a foreclosure, and are more likely than they were three years ago to approve a short sale offer.” Pring said. “This is good news for homeowners because they now have more options than ever.”

The CDPE designation Ms. Pring and Mr. Hendershot have acquired provides real estate professionals with specific understanding of the complex issues confronting distressed homeowners. Through comprehensive training and experience, CDPE-designated agents are able to provide solutions for homeowners facing financial hardship in today’s market.

A Certified Distressed Property Expert® (CDPE) has a thorough understanding of complex issues in today's turbulent real estate industry and knowledge of foreclosure avoidance options available to homeowners. A NJ short sale CDPE expert can provide solutions, specifically short sales, for homeowners facing market hardships.

Homeowners regularly proceed without guidance of any kind through the often financially and emotionally devastating prospect of foreclosure. Speaking with a well-informed, licensed real estate professional is the best course of action for a homeowner in distress. Through comprehensive training and experience, a NJ short sale CDPE expert has the tools to help homeowners find the best solutions for their unique situations and to avoid foreclosure through the efficient execution of a short sale.

For more information about EXIT Realty Group, please call 908-303-0478. EXIT Realty Group is located at 10 Anderson Rd, Bernardsville, NJ.

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