Avoid Foreclosure and short sale help

February 22, 2010 · Print This Article

Press Release:

Michael Trinchitella of Re/Max Classic Realty launches website and marketing plan specific to homeowners facing foreclosure hardship in the Putnam and Westchester County real estate market

Are you behind on your mortgage payments? Think foreclosure is the only option? Afraid you will lose your home? Curious about Short Sales?  You can avoid foreclosure and preserve your credit.

Michael Trinchitella a Certified Distressed Property Expert has launched a new web site PutnamWestchesterShortSales.com that is focused on homeowners in Putnam County and Westchester County who are facing a foreclosure or are missing mortgage payments and fear they may lose their home to foreclosure. The web site is focused on assisting distressed homeowners find information and investigate options to avoid the foreclosure process. As an expert in foreclosures and short sales, a real estate transaction option that banks will consider instead of foreclosure with specific guidelines, Trinchitella is determined to provide essential knowledge to homeowners in Putnam and Westchester County facing this unfortunate circumstance.

There are a myriad of ways that unforeseen hardships can change the joy of owning a home into an incredible burden. Maybe you’ve lost your job, or have unexpected medical bills beginning to pile up, or your monthly mortgage payments have increased beyond your current budget. No matter what the cause of your troubles, ignoring the problem won’t help, it will only make it worse. You must act quickly to resolve the issue. PutnamWestchesterShortSales.com gives homeowners the information regarding the foreclosure process, what effects it has on a homeowner and their credit and ways to stop the foreclosure process. Visitors will also learn what a short sale is and why so many homeowners are choosing short sales.  A short sale is an agreement in which a mortgage lender agrees to accept a payoff on the loan for less than what is owed. Short sale provides a way for troubled homeowners to prevent foreclosure and many of the dire penalties involved.

Visitors to PutnamWestchesterShortSales.com will find information regarding the process of foreclosure, what effects foreclosure has on a homeowner, and ways to prevent the foreclosure process from continuing. The web site features easy-to-understand informational tools such as a list of frequently asked questions, a glossary of terms and free reports as well as resources that allow the homeowner to get their questions addressed in a confidential manner. In addition, the web site offers the homeowner information regarding short sales, often a viable solution to foreclosure that can save a distressed homeowner from the damaging effects foreclosure has on their credit.

“I feel that it is important in today’s economic conditions for homeowners to know that they have options other than the foreclosure route,” says Trinchitella. “Statistics show that 50% of homeowners facing this stressful situation often ignore the issue and that doesn’t have to be. There are options such as a short sale, especially if the homeowner works with an experienced REALTOR® to provide them assistance in showing the lender the hardship situation and other real estate documentation.”

PutnamWestchesterShortsales.com provides visitors with a description of how the short sale process works, how it compares to a foreclosure, and how a homeowner may be able to qualify for a short sale. As a Certified Distressed Property Expert (CDPE), Trinchitella has taken the initiative to become an educated and prepared advocate on the behalf of a homeowner in distress. Earned by completing detailed and thorough coursework via the Distressed Property Institute, real estate agents with the CDPE designation are armed with the necessary tools and information to help distressed property owners avoid foreclosure and continue their lives.

For more information about foreclosures and short sales in Putnam and Westchester County, please feel free to visit the web site at PutnamWestchesterShortsales.com, or to contact Michael Trinchitella at (914) 403-4868 or by emailing Info@PutnamWestchesterShortsales.com.

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