In A Tough Economy, Certified Distressed Property Experts Can Help You Avoid Foreclosure And Save Your Credit
Bruce & Sharon Wasz have earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance and short sales. This is invaluable expertise to offer at a time when the area is plagued by "distressed" homes in the foreclosure process.
Short sales allow the cash-strapped seller to repay the mortgage at the price that the home sells for, even though it is lower than what is owed on the property. With declining property values, this can save many people from foreclosure and even bankruptcy. Many lenders are willing to consider short sales because they are much less costly than foreclosures.
A foreclosure is not only costly for the bank, but can virtually destroy a homeowner's credit rating and almost impossible to be "repaired" on a credit report. Military and government security clearance can be at risk. The homeowner will always have to disclose they have had a foreclosure on any mortgage application. Credit scores will be lowered by 300+ points affecting the ability to get a car, apartment, credit cards, etc. Many employers run credit checks on prospective employees and foreclosure is one of the top items that will put a potential new hire in jeopardy.
Our goal is to educate and help families work through this most stressful and heartbreaking process. As Certified Distressed Property Experts and Realtors, we can give you the expertise necessary to save your credit, relieve the uncertainty and most of all, help your family.