Real Estate-Related News & Events

Errin Kardos-Searcy Earns NAR Short Sales and Foreclosure Certification

(Palmyra, VA)--Errin Kardos-Searcy with Century 21 Monticello Properties, an Accredited Buyers Representative (ABR), has earned the nationally recognized Short Sales and Foreclosure Resource (SFR) certification. The National Association of REALTORS® (NAR) offers the SFR certification to REALTORS® who have studied and thoroughly understand the structure of this complicated type of real estate, and embrace helping both buyers and sellers unravel pitfalls and avoid risky decisions, particularly 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. While a short sale can represent a good deal, most are risky, complicated, uncertain, and prolonged. A REALTOR® who has earned the SFR certification knows how to help sellers maneuver the complexities of short sales, as well as how to help buyers pursue short sale and foreclosure opportunities.

"As leading advocates for homeownership, REALTORS® believe that any family that loses its home to foreclosure is one family too many, but unfortunately, there are situations in which people just cannot afford to keep their homes, and a foreclosure or a short sale results," said 2009 NAR President Charles McMillan.

The certification program includes training on how to qualify sellers for short sales, negotiate with lenders, protect buyers, limit risk, and provides resources to help REALTORS® stay current on national and state-specific information as the market for these distressed properties evolve. To earn the SFR certification, REALTORS® are required to take one core course and three Webinars.

You can reach Errin at 434-981-3872 or visit her Web site at www.errinsearcy.com for a confidential consultation on all your short sale and foreclosure needs.