Tim Sova Short Sales and Foreclosure Resource Designation
SHORT SALE HELP... WE CAN HELP YOU!
Tim Sova has earned the nationally recognized Short Sales & Foreclosure Resource (SFR) Certification. The National Association of REALTORS® offers SFR certification to REALTORS® who want to help both buyers and sellers navigate these complicated transactions, as demand for professional expertise with distressed sales grows.
According to a recent NAR survey, nearly one-third of all existing homes sold recently were either short sales or foreclosures. In some areas of Michigan, half of transactions were short sales or foreclosures. For many real estate professionals, short sales and foreclosures are the new "traditional" transaction. REALTORS® who have earned the SFR certification know how to help sellers manuver the complexities of short sales - as well as help buyers pursue short sale and foreclosure opportunities.
The certification program includes training on how to qualify sellers for short sales, negotiate with lenders, protect buyers, and limit risk, and provides resources to help REALTORS® stay current on national and state-specific information as the market for these distressed properties evolves.