Gina Zahajko of RE/MAX Eastside Brokers in Bellevue, has earned the Certified Distressed Property Expert (CDPE) designation, having completed training in foreclosure avoidance and short sales.
Short sales allow the cash-strapped seller to repay the mortgage at the price that the home sells for, even though it is lower than what is owed on the property. With plummeting property values, this can save many people from foreclosure and even bankruptcy. More and more lenders are willing to consider short sales because they are much less costly than foreclosures.
There have been more than 6,000 new foreclosure filings in Washington State this year.
For more information call Zahajko at 206-412-0788.