Fort Lauderdale Realtor and Real Estate Attorney Host Free Seminar at Nova Southeastern University for Homeowners on How to Avoid Foreclosure

Fort Lauderdale Realtor Brian Manning has teamed with Real Estate Attorney Arianna Goldman, Esq. to offer straightforward solutions for homeowners seeking to avoid foreclosure.

Fort Lauderdale, FL, March 15, 2011 --(PR.com)-- While millions of Americans are facing foreclosure, few understand what options are available to protect their credit and all the potentially harmful consequences that go with it.

Armed with information on lender and government programs designed to help homeowners take control of their impending foreclosure, Fort Lauderdale Realtor Brian Manning and Attorney Arianna Goldman have prepared a free class, open to the public, to explain the short sale option as an alternative to foreclosure.

Manning and Goldman developed the website www.shortsaleclass.org to provide information on the availability of lender and government programs to avoid foreclosure, including the Home Affordable Foreclosure Alternative Program (HAFA). With their seminar, they hope to present this information in language everyone can understand, while answering some fundamental questions including:

· Who is eligible for a short sale?
· What are the advantages of short sale vs. foreclosure?
· What are the hidden dangers of foreclosure?
· How might a short sale affect the homeowner’s credit?
· What are the potential tax ramifications of a short sale?

The seminar also provides details on how second lien-holders handle short sales, liabilities both with and without a short sale, what a deficiency judgment is and how it can affect the homeowner, effective pricing strategies for a short sale listing, when a short sale is not in the homeowner’s best interest, deciding between a loan modification or a short sale and the new government program that gives the seller up to $3,000 for completing a Short Sale.

Some programs Manning and Goldman discuss in their seminar offer cash incentives as a relocation motivator for homeowners who are struggling with mortgage payments and successfully complete a short sale or deed-in-lieu of foreclosure.

“We’re here to explain to the average homeowner, faced with the trauma of an impending foreclosure, how lenders and the federal government have recently updated and enhanced their foreclosure avoidance programs, making more members of our community eligible for assistance,” Manning said.

“We’re offering homeowners the opportunity to learn for themselves about the benefits of short sales to their financial futures, and to the stability of the community.”

In late December 2010, the Department of the Treasury updated and improved eligibility standards for the HAFA program. They also enhanced efficiency guidelines for lenders, streamlining the process and making it a more effective solution for homeowners to avoid foreclosure.

“Outlines of government programs, loan modifications and short sales have been showing vast improvements,” Manning said. “Lenders are ramping up their resources and putting systems in place to make their foreclosure alternative programs more efficient.”

Manning holds the Certified Distressed Property Expert (CDPE) designation, which means he is an expert in the current real estate industry and the foreclosure avoidance options available to homeowners. CDPEs are qualified to present solutions, specifically short sales, for homeowners facing market hardships.

Manning and Goldman will hold two short sale seminars, free to the public, at NOVA Southeastern University on Tuesday, March 29, 2011 from 7 p.m. to 9 p.m., and on Saturday April 2, 2011, from 10 a.m. to 12 noon. Seating is limited. To reserve a seat, call (954) 260-0601 or sign up at http://hassle-freelisting.com/content/wondering-if-short-sale-right-you.

To learn more, visit http://www.shortsaleclass.org/.

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Brian Manning
954.260.0601
www.shortsaleclass.org
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