Hi Bronco Fan,
A Distressed Property Expert is a real estate professional with experience, additional training and certifications to assist people struggling with foreclosures, short sales and negative equity situations. A few of the certifications are: Certified Distressed Property Expert (CDPE) and Short Sales and Foreclosure Resource (SFR). I have the experience and training and certifications to assist people who are struggling with their home's negative equity situation. A short sale is essentially where a home is sold for less than the mortgage balance. Through negotiations with the lienholder(s) the seller can sell their home with terms that can allow the homeowner to avoid foreclosure or bankruptcy. Each situation is unique; banks review the terms, situations, and conditions of each short sale transaction individually.
