Foreclosure Response Team Expands Operations to Michigan
Summary
“With the current economic situation and the uncertainty of the auto industry’s future in Michigan, RE/MAX SunQuest is ready to lead the Foreclosure Response Team of Michigan so that we may take part in having a significant impact in the betterment of the quality of life for people suffering in our current situation by moving properties in the Short Sale process in lieu of foreclosures,” she added.The Foreclosure Response Team headquarters are located at 1507 East Las Olas Blvd., Fort Lauderdale, FL 33301.Heading up operations for The Foreclosure Response Team of Michigan will be Cathy Sherman Bittrick, Broker/Owner of multi-award winning RE/MAX Sun Quest in Grand Rapids and 2009 Regional Vice President for the National Association of Realtors.“We felt it crucial to be proactive in responding to a market facing the economic challenges of falling property values and high unemployment.The Foreclosure Response Team is made up of a coalition of veteran real estate professionals in the areas of financial services, real estate law, credit consultation, sales & marketing and serves as an invaluable third-party resource for property owners, buyers and real estate agents alike.Through FRT’s departmentalized structure, real estate agents are relieved of the cumbersome and complicated tasks associated with the administration, management and processing of Short Sale transactions, allowing them the opportunity to focus on the sale of the home.A Short Sale transaction occurs when there is a declining market and personal financial conditions force a property owner to sell their property for less than what is owed on the mortgage and the lender agrees to accept less than full amount as payment in full.The Foreclosure Response Team headquarters are located at 1507 East Las Olas Blvd., Fort Lauderdale, FL 33301.