Agent hosts foreclosure avoidance seminar |

Agent hosts foreclosure avoidance seminar

TRUCKEE, Calif. and#8212; Top real estate agent and local Certified Distressed Property Expert Christy Morrison will host a free seminar for local homeowners to educate and inform on foreclosure avoidance options. With more than 14 percent of mortgages currently delinquent, Morrison has become a local resource for distressed homeowners.

and#8220;One in seven mortgages is not being paid, which means that most people in our community know of someone who is struggling,and#8221; Morrison said. and#8220;This Foreclosure Avoidance Seminar will help our family, friends and neighbors find solutions to their financial challenges.and#8221;

Currently, of the 475 homes for sale in Truckee, 262 are in the pre-foreclosure, auction or bank-owned stages of the foreclosure process as reported by There are many alternatives to foreclosure, including deeds-in-lieu, forbearance and short sales, in which the lender accepts the sale price of the home, even if that amount is less than what is owed by the homeowner.

and#8220;As a CDPE, Morrison has received the training to provide solutions to homeowners facing the possibility of foreclosure,and#8221; Alex Charfen, CEO of the Distressed Property Institute and author of the CDPE designation, said.

and#8220;Whether due to medical bills, relocation, job loss, divorce or other hardships, homeowners struggling to pay the mortgage should contact an educated real estate agent to learn about their options.and#8221;

The upcoming Foreclosure Avoidance Seminar is free and open to all who would like to attend. Additional speakers will include attorney Jim Porter from Porter Simon, Certified Public Accountant Matt Oand#8217;Neil from Sitkoff Oand#8217;Neil and mortgage broker Nicole Francis from Raintree Financial.

Plan to attend at the Community Arts Center, (Old Rec Center) on Church Street, downtown Truckee, June 8, 5:30-7 p.m. For more information about the CDPE Designation, visit

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