The foreclosure freeze brought on by documentation deficiencies, which came to light last fall, has started to thaw. RealtyTrac estimates that more than 3.5 million homes that belong in foreclosure have been hanging in limbo and are slated to start entering the foreclosure pipeline.
The recent spike in foreclosure starts has been most pronounced in Arizona, California, Nevada, Oregon and Washington, where notices of default and trustee filings shot up 116% between July and August of this year. As banks pick up the pace, homeowners-by the millions-are needing help with alternatives to foreclosure. Now is the time to reach out and share the news that the time for complacency about missed mortgage payments is over.
A lot has changed in the world of short sales and loan mods since the foreclosure freeze kicked in last fall, and no one is more tapped in to this constantly evolving arena than CDPE agents, who have the expertise, the resources and the credibility to step in with solutions to avoid foreclosure.
In many cases, lenders are proactively reaching out to CDPE agents with leads of financially-strapped homeowners who need help with a short sale.
CDPE agents have access to the tools and the marketing strategies to establish themselves as their market's distressed properties expert. Looking to build your business during the upcoming short sale surge?
Article from CDPE.com
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