Local Agent Hosts Foreclosure-Avoidance Meetups to Benefit Community

May 26, 2010 - PRLog -- BRISTOW, VA – May 26, 2010 – Top real estate agent and local Certified Distressed Property Expert®, Tish Thompson with Keller Williams Realty, will host ongoing FREE Meetups for local homeowners to educate and inform on foreclosure avoidance options. With more than 14 percent of mortgages currently delinquent, Thompson has become a local resource for distressed homeowners.

“One in seven mortgages is not being paid, which means that most people in our community know of someone who is struggling” Thompson said. “This Foreclosure Avoidance Seminar will help our family; friends and neighbors find solutions to their financial challenges.”

Unemployment nationwide currently stands at 9.9 percent, making it difficult for many unemployed or underemployed homeowners to continue making mortgage payments. In addition, nearly one-quarter of all mortgages are underwater, which means the homeowner owes more on the property than it is currently worth. There are many options to foreclosure, including deeds-in-lieu, forbearance and short sales, in which the lender accepts the sale price of the home, even if that amount is less than what is owed by the homeowner.

“As a CDPE, Thompson has received the training to provide solutions to homeowners facing the possibility of foreclosure,” Alex Charfen, CEO of the Distressed Property Institute and author of the CDPE designation, said. “Whether due to medical bills, relocation, job loss, divorce or other hardships, homeowners struggling to pay the mortgage should contact an educated real estate agent to learn about their options.”

The upcoming Foreclosure Avoidance Seminar is open to all who would like to attend. Following are details of the event:

Time: 6:30 PM
Date: 6/10/2010
Location: Manassas VA

For more information about the Meetup, visit www.hardshiphelp.com.

# # #

We offer real estate services to home sellers, buyers, and landlords.

For more information on our support group for distressed sellers: http://www.hardshiphelp.com