Las Vegas, NV, April 23, 2012 --(PR.com
)-- For those facing foreclosure in Clark County and surrounding areas, this online resource offers answers on what options are available and the potential effects upon credit scores.
Local CDPE-designated agent, Robin Fraser of Keller Williams Realty, is now providing information on foreclosure avoidance options, including the considerations homeowners should have regarding their credit scores.
These educational materials are available at www.RFTeamHomes.com and explain the full range of foreclosure avoidance options and some of their effects on credit scores.
“It’s surprising how many people are unaware of all the negative affects of foreclosure,” Fraser said. “The website I created offers a way for distressed homeowners in my community to learn about their situation, understand what options are available, and become empowered with the necessary knowledge to pursue the best solution.”
The latest numbers on mortgage delinquency show that approximately one in every seven mortgages is in some stage of delinquency. Missed payments have a large impact on credit scores, and delinquent homeowners should pursue options to foreclosure in hopes of mitigating any further damage.
“Many of these distressed homeowners bought their homes in an entirely different economy,” Fraser said. “With so many facing unemployment or underemployment, there is a huge need to re-evaluate financial situations to meet new income conditions. For many, this means getting out from under an unaffordable mortgage in a legal, dignified way.”
The CDPE designation Fraser has acquired provides real estate professionals with specific understanding of the complex issues confronting the distressed homeowners. Through comprehensive training and experience, CDPEs are able to provide solutions for homeowners facing financial hardship in today’s market.
Important Government Disclosure: You may stop doing business with us at any time. You may accept or reject the offer of mortgage assistance we obtain from your lender (or servicer). If you reject the offer, you will not have to pay us for our services. The above brokerage is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan.