Pinellas Native Jason Nadler Educates Consumers About Foreclosure Options Including Short Sale

Dec. 9, 2012 - PRLog -- Area CDPE-designated agent, Jason Nadler of Keller Williams Realty, has released the latest report addressing the trapped feelings struggling mortgage holders experience when dealing with an unaffordable home loan. The article entitled “Feeling Trapped by Your Mortgage?” offers information on the alternatives a number of borrowers have to prevent foreclosure, including short sales.

A short sale occurs when a lender enables a homeowner to sell a home for less than the current home loan amount owed.

“Studies by local REALTOR associations indicate several homeowners don’t know about their alternatives to foreclosure, “Nadler said. “With this report, I attempt to inform distraught homeowners in my community about the effects of foreclosure, and what they can do to steer clear of this financial obstacle.”

A recently conducted study of distressed homeowners who were foreclosed upon discovered that only 5 percent understood their alternatives and less than 3 percent took advantage of them. As the real estate disaster continues to claim a growing number of Americans, Nadler recognizes the need to educate homeowners on the monetary as well as the psychological damages of foreclosure.

This community resource is obtainable at http://www.scarabproperty.com/ShortSaleSeller. Together with providing more information on the alternatives to foreclosure, the report explains the possible fallout of “strategically defaulting,” or deciding on if you should make payments, which is an ever-increasing trend in the mortgage crisis.

“There’s certainly nothing at all strategic about ‘strategic default.”Nadler said. “When you can avoid foreclosure, there’s no reason to risk the financial backlash by willingly entering in to it.”

The CDPE Designation Nadler has attained provides a precise understanding of the complex issues confronting distressed homeowners. Through comprehensive education and practical knowledge, CDPE-designated agents have the ability to offer solutions for homeowners struggling with financial challenges in today’s market.