As a relatively new CDPE designate, I look upon this economic situation as an opportunity. It's not all about making money. We certainly won't get rich on short sales. Rather, this is an opportunity to help people, homeowners, get out of a bad situation.
Most homeowners facing foreclosure never anticipated this outcome. They bought a home thinking they have finally reached a part of the American Dream, only to find out that when the ARM expired, they were in "lender hell."
As realtors, we are in a unique position to assist people in this "lender hell" to see the light at the end of the tunnel and the hope that they can somehow, come out on the other side with minimal damage to their lives. At this point, for realtors, it is no longer about just making a living, it's about making a difference.
I, for one, am proud to be a part of the solution.
-Nance Overton, RA, CDPE
I am taking the class this November!
That's awesome, Joe! I hope you get a great teacher like we had (Tony Martinez)! It is worthwhile and rewarding to be able to assist people out of this awkward and embarrassing mess. If they can't keep their home, a short sale is the way to help them save their financial future. Good luck!!