Pensacola, FL, April 24, 2012 --(PR.com
)-- Distressed Homeowners in Pensacola may see additional relief from the banks soon. In February, the government signed a historic $25 billion dollar settlement with five major lenders over fraudulent foreclosure practices committed during the height of the housing crisis known as “Robo-Signing.” The settlement, while punishing the banks for the fraudulent foreclosures, apportioned the majority of the money towards helping homeowners who may not have been wronged by the banks but who are currently in danger of losing their homes.
“For Pensacola this settlement creates more opportunity than ever before. For people who are in danger of losing their homes to foreclosure, there are now many more options available to them,” says Shane Willis, CDPE, Broker Re/Max OB.
“While the banks certainly needed to be held responsible for their fraudulent practices,” said Willis “the vast majority of the foreclosures in this settlement were valid.”
As a Certified Distressed Property Expert (CDPE), Shane has paid special attention to the new options the settlement provides for distressed homeowners. “These opportunities are nothing new,” Willis said, “many people who are in danger of losing their home just don’t know options exist. This settlement simply makes these opportunities more abundant.”
A Certified Distressed Property Expert (CDPE) is knowledgeable of the entire landscape of foreclosure avoidance options and is distinctly qualified to negotiate with banks and help financially strapped homeowners regain peace of mind and a sense of stability for the future.
Shane Willis has developed a free report entitled “The Robo-Signing Settlement: How it can help you stay in your home” that is accessible from his website, www.PensacolaShortSale.info
The report provides an overview of all of the details of the settlement and what to do if a homeowner thinks they may be eligible under the terms of the settlement.
Shane Willis MBA