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Navigating Short Sales Successfully - 2012 Class Schedule


Short Sale Listing Systems Class

Navigating Short Sales Successfully

Rising Tide of Foreclosures Coming in 2012

December 27th, 2011 in CDPE by cdpe

On Dec. 21, the Office of the Comptroller of the Currency released its latest report, which shows delinquencies remained elevated during the third quarter of 2011.

The number of new foreclosures increased by 21 percent during the quarter, partly due to servicers lifting the voluntary “foreclosure freeze” implemented in late 2010 as a result of the robo-signing scandal.

The overall increase has resulted in the number of foreclosures in process increasing to 4.1 percent of the overall portfolio, or 1,327,077 loans, at the end of the third quarter of 2011.

This supports RealtyTrac’s latest data, which also predicts increased foreclosure activity in 2012.

“November’s numbers suggest a new set of incoming foreclosure waves, many of which may roll into the market as REOs (bank-owned homes) or short sales sometime early next year,” said James Saccacio, co-founder of RealtyTrac, in a statement.

Agents can help stem the tide of foreclosures in their market by educating distressed homeowners on alternatives, such as short sales.

Jan 4th CDPE Intro Class - Baltimore, MD ~ http://cdpeintrobaltimore.eventbrite.com/

Jan 5th CDPE Intro Class - Hagerstown, MD http://cdpeintrohagerstown.eventbrite.com/

Jan 6th CDPE Intro Class - Annapolis, MD ~ http://cdpeintroannapolis.eventbrite.com/

Jan 12th BPO Class - Annapolis, MD ~ http://annapolisbpoclass.eventbrite.com/

Jan 18th & 19th CDPE Live! Annapolis, MD ~ http://www.cdpe.com/schedule-now

Jan 25th & 26 CDPE Live! Warminster, PA ~ http://www.cdpe.com/schedule-now

Feb 7th & 8th CDPE Live! Hagerstown, MD ~ http://www.cdpe.com/schedule-now

Feb 21st & 22nd CDPE Live! Carmel, IN ~ http://www.cdpe.com/schedule-now

Mar 7th & 8th CDPE Live! Chattanooga, TN http://www.cdpe.com/schedule-now

Mar 13th & 14th CDPE Live! Ft. Walton Beach, FL http://www.cdpe.com/schedule-now

Apr 24th & 25th CDPE Live! Upper Marlboro, MD http://www.cdpe.com/schedule-now

May 9th & 10th CDPE Live! Lutherville, MD http://www.cdpe.com/schedule-now

June 21st & 22nd CDPE Live! Hughesville, MD http://www.cdpe.com/schedule-now

Sept 12th & 13th CDPE Live! Herdon, VA http://www.cdpe.com/schedule-now

Click here to learn more about how you can save families from foreclosure while growing your real estate business in 2012.

Short Sale Listing Systems Class Flyer
Posted Thursday Dec 29