FOR IMMEDIATE RELEASE
Best Atlanta Short Sales Offers a Helping Hand to Local Homeowners Headed Toward Foreclosure
Distressed property expert urges homeowners struggling with mortgage payments to pursue lower-impact alternatives to foreclosure
Jonesboro, GA – October 15, 2011 – “Nationwide, 10.9 million or 22.5 percent of all homeowners with a mortgage owe more on their property than it’s worth in the current market, and another 6.3 million are in some stage of foreclosure,” noted Elva Branson-Lee of Solid Source Realty GA.
A Certified Distressed Property Expert (CDPE), Branson-Lee pointed out that the long-term implications of foreclosure cannot be underestimated. To help Jonesboro and other south metro Atlanta residents understand their options, her Best Atlanta Short Sales team has developed a report entitled, “Need a Helping Hand?” This free report can be accessed from www.BestAtlantaShortSales.com
“Too often, the anxiety associated with missed mortgage payments and the fear of putting trust into the wrong hands, causes homeowners who are heading toward foreclosure to avoid seeking help or pursuing a short sale,” Branson-Lee said.
A short sale occurs when the current market value of a home is worth less than what is owed on a mortgage and a real estate agent assists in negotiations with the lender on behalf a financially strapped homeowner to accept a loan payoff that is less than the amount owed. “While lenders were once reluctant to negotiate short sales, the current glut of foreclosed properties on their books has prompted an aggressive push to mitigate losses, and some are even paying homeowners significant cash incentives to make a fresh start on their lives after the close of the short sale,” Branson-Lee explained.
Real estate agents who have received the Certified Distressed Property Expert (CDPE) designation have proactively sought out the real estate industry’s best training for serving clients within the complicated and highly charged distressed property arena. CDPE agents are required to complete intensive and ongoing training and are held to a high standard of expertise, efficiency and ethics.
For more information about the CDPE Designation, visit www.CDPE.com.
About Best Atlanta Short Sales and Elva Branson-Lee:
Elva Branson-Lee leads the Best Atlanta Short Sales team, a dedicated team of real estate professionals and Solid Source Realty GA agents who specialize in providing foreclosure alternatives and related services to home sellers in distressed situations, such as those unable to make mortgage payments, forced relocation, or financial hardship due to unexpected loss of income or increase of expenses.
For more information, please contact:
Elva Branson-Lee
678-855-5238
Elva@BransonLee.com
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