Yesterday my transaction coordinator and I completed certification in Loss Mitigation a present and growing change in the face of the real estate market.
The course gave us additional tools on how to work effectively with complicated transactions involving foreclosures, short sales, properties at auction or bank owned (also known as real estate owned or REO), and how to protect buyers and sellers as they work through the process.
Taught by national and local experts in loss mitigation, Val Gehringer, Linda Kody and Wayne Robison, the course equipped us to deal with short sales on both the buying and listing side; additionally we learned best approaches to lenders; and are prepared to assist clients with the complicated information they will be required to produce. Unfortunately since not all short sales avoid foreclosure, we also learn the auction process including viewings, financing, and bidding. These types of transactions are difficult on the parties involved and we are now better prepared to assist, council and guide our clients and help ensure a smooth transition and new beginnings for the parties involved.
If you know someone who could use our assistance in guiding them through their options and opportunities please give me a call at 978-861-4016. My team and I look forward to being of assistance to you.
No comments:
Post a Comment