Robert Stuart of Professional Real Estate Brokerage is now an REO Default Certified Professional

Aug. 24, 2010 - PRLog -- Robert Stuart is an REO Default Certified Professional

Robert Stuart, a Realtor and broker with Professional Real Estate Brokerage in Redwood City, has earned the prestigious Default School REO Default Certified Professional Designation (RDCPro), having completed training in the core REO Best Practices course as well as Advanced Evaluations.  This furthers Mr. Stuart’s advanced REO knowledge and education as he strives to continually ensure that he successfully values, secures, negotiates and sells Bank Owned Properties (REOs).

The RDCPro is respected by banks and asset managers who are continually searching for highly educated and experienced Realtors to help them with the increasing level of REOs that are negatively impacting their institutions.  This is especially true in California where the recession has been particularly severe and the number of foreclosed properties continue to climb.

A property becomes an REO if the original owner fails to pay their mortgage and the lending bank is forced to repossess it.  The bank then reaches out to qualified REO designated brokers and agents to sell the home and recover their investment.  Without access to experienced REO Listing agents, lending authorities must continue to hold onto the foreclosed property as an investment loss.

The Advanced Evaluations Certification that was required to earn the RDCPro Designation provides Robert with superior skills for completing Broker Price Opinions (BPOs).  Completing BPOs quickly and accurately is very important for lenders and asset managers as they rely upon this information to properly price an asset.  It also helps distressed homeowners who are trying to save their homes and work out a successful loan modification.

If you are in need of more information regarding REO or Short Sale properties, or if you are a lender or asset manager looking for an REO Default Certified Professional or Short Sale Specialist in San Mateo and Santa Clara Counties and parts of Alameda County.  Mr. Stuart also provides BPO services.  Visit http://www.ProfessionalRealEstateBrokerage.com for more information about Robert Stuart and the services that he provides.

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Experience and expertise in REO transactions, short sales, probate sales, conservatorship sales, and 1031 exchanges for both residential and commercial properties especially in San Mateo and Santa Clara Counties for both buyers and sellers.