“There are more people who find themselves in this situation than many realize,” says Donna Tashjian, CDPE with Keller Williams Realty East. “Once they realize they aren’t alone and that there are options, it’s like a whole new world opens up for them.”
There are a number of ways in which homeowners might avoid foreclosure, even if they are late on their payments. Loan modifications, in which the bank changes the terms of the loan so that it is more affordable; mortgage forgiveness, in which the bank agrees to eliminate some or all of the amount owed; or short sales, in which the bank agrees to sell the home for less than the amount owed, are just some of the options available.
As a Certified Distressed Property Expert® (CDPE), Donna Tashjian is specially trained to help homeowners who find themselves facing foreclosure understand the options available and choose the solution that is right for them. “It is important to me that homeowners know that they have options and that they are not alone,” Tashjian said.
Donna Tashjian as developed a free report stories of people who have been helped by CDPEs. The report, entitled, “From Foreclosure to Freedom,” is accessible from her website, www. DonnaHelpsHomeowners.INFO