Sales Associates learn more about helping troubled sellers

Recently 26 Coldwell Banker Real Estate Now agents, attended an in depth seminar in Jackson , on helping home sellers who may be behind in mortgage payments, or now facing the threat of foreclosure.  With the information that they have at their disposal they are able to give hope to some that feel they are in a hopeless situation.  Not every case is the same, but these agents were trained to help walk potential sellers through the process and may be able to help with reducing their payments temporarily, working to renegotiate the terms of the mortgage, or help in the event of a short sale.  The key to this all is time, the sooner a potential troubled seller gets with one of these agents the better.  Mortgage companies typically dont want more homes to sell, and these agents have the information to get you back on your feet.

A short sale(PFS) is where the sales price isnt enough to cover the mortgage balance.  Some sellers instead of letting the home go into foreclosure, can work with these real estate agents on getting out from under the mortgage mess.  Some sellers have a sense on what their home may sell for and think that there is no way to have an agent sell it, since they cant afford one.    This is not the case.  The agents that have had the training will work just as hard to help sellers get out of the current bad situation, so they can move on and live a less stressful life. PFS(Pre-Foreclosure sale).

It is estimated that the knowledge that they have can help up to 40% of those that are in trouble, as not every situation is the same, there is no guarantee that the seller and agent can prevent a foreclosure, but there is a way for some.  To find out more contact one of these agents below to learn more at 668-1777.   Not all agents in the area have the knowledge, so be sure to ask for one of the ones that have had the training.

Sellers need to make sure that if they are in financial trouble with their mortgage that this be shared with the agent they are working with.    The whole process of selling with a real estate professional is a team effort.  The agents that have been trained in this area, know what to ask for and have all the forms necessary to assist you in the process.

The agents that completed the training are Larry Willard, Jean Morgan, Jimmy Ward, Stephanie Freeman, Bob and Fran Beare, Mark Givens, Carla Patey, Tara Skinner, Joyce Henley, Clare Hickey, Amy Dover, Buddy Weir, Lisa Newsom, Joyce and Ray Addison, Kimberly Sarmiento, Tim Jones, Alicia Owens, Peggy Graves, Marilyn Salley, Pam Blasingame, and Blake Ward, all right here in Jackson.

Some sellers feel it is hopeless, but at Coldwell Banker Real Estate Now we are here to give you some hope.