Las Veas, NV, April 25, 2012 --(PR.com
)-- Online report outlines alternatives to foreclosure for distressed homeowners in Las Vegas, Nevada and surrounding areas.
Local CDPE-designated agent, Robin Fraser of Keller Williams Realty, has developed a website providing information describing several opportunities for homeowners to avoid the negative financial impact of foreclosure.
This community resource is available at http://www.RFTeamHomes.com and defines foreclosure alternatives including short sales, loan modifications, and forbearance.
“It’s a concern to me that so few in our community know their options when they start to fall behind on mortgage payments,” Fraser said. “If they act quickly and get informed, they can make informed decisions to find financial stability.”
Foreclosure alternatives such as short sales—which now make up over one-third of real estate closings across the nation—are an increasingly popular way for both homeowners and lenders to minimize their losses in this tough economy.
“More lenders are realizing that they can save money in a short sale versus a foreclosure, and are more likely than they were three years ago to approve a short sale offer,” Fraser said. “This is good news for homeowners because they now have more options than ever.”
The CDPE designation Fraser has acquired provides real estate professionals with specific understanding of the complex issues confronting distressed homeowners. Through comprehensive training and experience, CDPE-designated agents are able to provide solutions for homeowners facing financial hardship in today’s market.