Distressed Property Expertise Helps Homeowners

Cash strapped homeowners facing possible foreclosure, or even bankruptcy, have options to help pay off their mortgage. Proceeds from a real estate short sale can help satisfy a home loan, and lenders are finding them increasingly acceptable as they save the institutions a great deal of time and money.

Chris Hounchell, Broker Associate of Hounchell Real Estate-RE/MAX Metro, is a Certified Distressed Property Expert (CDPE) who helps distraught homeowners by educating them about the alternatives they have to foreclosure. Chris earned his CDPE designation from the Distressed Property Institute of Boca Raton, Florida. He has long been a specialist in foreclosed and short sale properties in the St. Petersburg, Clearwater and Tampa Bay areas and, this new designation brings to his clients important new tools to help them through these turbulent times.

Looking for options and solutions to your market hardship? Read the FAQ’s about short sales.