Market Overview

Real Estate Short Sale to Increase in 2011 as Banks Attempt to Dispose of Defaulting Loans Without Foreclosing

Real Estate Short Sale to Increase in 2011 as Banks Attempt to Dispose of Defaulting Loans Without Foreclosing

“Avoiding foreclosure through a short sale can have significant benefits for a person's future financial stability,” said Marc Cormier, a Real Estate Consultant and Certified Distressed Property Expert, Divorce Real Estate Specialist and Seniors Real Estate Specialist. “A successful short sale can reduce the damage to one's future loan eligibility, credit rating, employment, security clearance and more—and it's important to work with a competent team.”

Fairfax, VA (PRWEB) January 18, 2011 —

According to global ratings agency Fitch Inc. and Managing Director Diane Pendley industry experts are expecting to witness more short sales and fewer foreclosures in 2011, an encouraging sign for homeowners in the D.C. Metro, northern Virginia and Maryland regions as well as those seeking alternatives to foreclosure. A short sale, or a sale in which a property is sold for less than what is owed on the mortgage, can be an effective alternative to foreclosure while allowing homeowners to escape the burden of bankruptcy. The Tania Ivey Real Estate Group, which services Northern Virginia, Maryland and Washington, D.C., offers a number of Certified Distressed Property Experts (CDPE) to advise clients in the short sale process. Home sellers in specific areas such as Fairfax County VA, or Loudoun County VA are seeing the number of Short sales increase. If you are a homeowner in Leesburg VA or Ashburn VA trying to sell your house you are competing with numerous Short Sales. Even areas such as Great Falls VA and Vienna VA are seeing a major part of the market being short sold. The Tania Ivey Real Estate Group, closes more short sales in a single month than most agents complete in their entire career, offers additional help for homeowners at http://www.Help34.com. Homeowners are able to receive a number of Free Reports regarding Short Sales and the impact they will have on the homeowner along with reports telling the truth regarding loan modifications and why they are so difficult, again all this can be found for free at http://www.Help34.Com

“Avoiding foreclosure through a short sale can have significant benefits for a person's future financial stability,” said Marc Cormier, a Real Estate Consultant and Certified Distressed Property Expert, Divorce Real Estate Specialist and Seniors Real Estate Specialist. “A successful short sale can reduce the damage to one's future loan eligibility, credit rating, employment, security clearance and more—and it's important to work with a competent team.”

With millions of Americans struggling to make overwhelming mortgage payments, engaging a CDPE can help a homeowner to better navigate the short sale process. CDPEs complete specialized training in short sales and foreclosure prevention and are well-versed on the importance of writing an offer than not only the seller—but the bank—will accept.

“When you're pushed to foreclosure, it's important to know your options,” said Cormier, whose business was up 48.3% in 2010. “I close more short sales in a single month than most agents sell in their entire career—it's my goal to put my clients back on the path to financial stability and restore their hope for the future.”

For more information on short sales or to connect with a CDPE, contact Marc Cormier at The Tania Ivey Real Estate Group at (703) 679 1754. For additional resources, such as up-to-date information and reports, visit http://www.Help34.com and follow us on twitter mddcvahotprops.

The Tania Ivey Real Estate group is powered by Keller Williams Realty. According to J.D. Power and Associates, Keller Williams received the highest overall satisfaction ratings from homebuyers among the largest full-service real estate firms in 2009 and again in 2010. The company was also ranked the No. 1 Real Estate Franchise on the Annual Franchise 500 List produced by Entrepreneur Magazine.

About Keller Williams Realty, Inc.

Founded in 1983, Keller Williams Realty Inc. is the third-largest real estate franchise operation in the United States, with 681 offices and more than 79,000 associates in the United States and Canada. The company, which began franchising in 1990, has an agent-centric culture that emphasizes access to leading-edge education and promotes an economic model that rewards associates as stakeholders and partners. The company also provides specialized agents in luxury homes and commercial real estate properties.

For more information, or to search for homes for sale visit http://www.help2ownahome.com.

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For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2011/01/prweb4975944.htm

 

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