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Birmingham Short Sale Agent Offers Straightforward Solutions to Avoid Foreclosure

By Mike Sher, Max Broock Realtors

Dated: Feb 08, 2011

Bloomfield Short Sale Realtor Releases New Report Outlining Straightforward Solutions for Homeowners

Seeking to Avoid Foreclosure . www.ShortSaleOaklandCounty.com  Services; Bloomfield, Birmingham,

Beverly Hills, Rochester, West Bloomfield and Troy.

Online report outlines lender participation and government programs for homeowners struggling to make

mortgage payments in Oakland County MI

Bloomfield Hills, MI , February 8th, 2011 - Local CDPE-designated agent, Mike Sher of Max Broock

Realtors, has developed a website report providing information regarding the availability of lender and

government programs to avoid foreclosure, including the Home Affordable Foreclosure Alternative

Program, or "HAFA."

This community resource is available at www.ShortSaleOaklandCounty.com  and explains the benefits short sales, or selling a property for less than the current mortgage amount owed. Benefits include

decreased damage to credit, protection of security clearance and the potentially harmful affects of

foreclosure on employment. Some programs offer cash incentives for homeowners who are struggling mortgage payments and successfully complete a short sale or deed-in-lieu of foreclosure.

"Lenders and the federal government have recently updated and enhanced their foreclosure avoidance

programs, making more members of our community eligible for assistance." Sher said. "With this report,

I'm showing homeowners the benefits of short sales to their financial futures, and to the stability of our

community."

In late December 2010, the Department of the Treasury updated and improved eligibility standards for HAFA program. They also enhanced efficiency guidelines for lenders, streamlining the process and making

it a more effective solution for homeowners to avoid foreclosure.

Outline of government programs, loan modifications and short sales have been showing vast

improvements," Sher said. "Lenders are ramping up their resources and putting systems in place to make

their foreclosure alternative programs more efficient."

The CDPE Designation Sher has acquired provides a specific understanding of the complex issues

confronting distressed homeowners. Through comprehensive training and experience, CDPE-designated

agents are able to provide solutions for homeowners facing financial hardship in today's market.

To learn more, visit www.ShortSaleOaklandCounty.com

For more information about the CDPE Designation, visit www. CDPE.com.

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For 10 years we have sold homes in the Metro Detroit/Oakland County through both Short Sales and

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