Jim Tobin has earned a Designation as a Certified Distressed Property Expert (CDPE) and a Short Sale Resource (SFR).
In hard times, homeownership can sometimes become more of a burden than a joy. Over six million homeowners are either more than a month late on their mortgage payments or are in the foreclosure process – here in Volusia County the number is 1 in 4. Sometimes the answer to this problem can be a “short sale” – when the lender agrees to accept less than what is owed and the homeowner is relieved of the debt.
Owners in foreclosure or pre-foreclosure should seek the services of a Distressed Property Expert. Click here to learn whether short sales and pre-foreclosures work in our area and if you qualify for a short sale.
Jim Tobin is one of 30,000 Realtors nationally (out of 1.4 million Realtors in the U.S.) that is designated a CDPE. Jim Tobin is ready to help families in need of his services. “I will help homeowners find the best solution to whatever financial crises they are facing.” Jim Tobin is fully informed of the issues and know the detailed processes and procedures for working with and through the banks. Experts who understand this can close a short sale in a much quicker time frame.
Residential real estate has many specialized areas, and good Realtors take specific courses to deepen their understanding of issues and build upon the foundations they learned when acquiring their real estate license. By improving their skills, agents can better serve their clients. The Distressed Property certification is one of the most important qualifications in today's market; it gives agents a full understanding of the complexities of short sales, pre-foreclosure and foreclosures.
The recent flood of mortgage defaults across the country shows the importance of having a Realtor well-versed in the details short sales involve. For example, while the term "Notice of Default (NOD)" is touched on when training to become a Realtor, a Certified Distressed Property Expert has a much deeper understanding of the nuances involved in helping homeowners avoid foreclosure and pursue a short sale. While the uncertified agent may know that the NOD refers to the document which officially starts the foreclosure process, a Distressed Property Expert knows that the best time for action is before a homeowner misses their first payment. They also know that even if a payment has been missed and an NOD has been received, homeowners can still pursue a short sale and avoid foreclosure.
Contact Jim Tobin at JimTobin@cfl.rr.com or call 386.405.4411. Click here for information about Short Sales and how you can avoid foreclosure.
Email: JimTobin@cfl.rr.com . 386.405.4411 . Fax: 386.673.5242