Real Estate Broker Hosts Short Sale Seminars in Sarasota, Florida

Prudential Palms Realty, one of Sarasota’s foremost Real Estate Brokerages, is hosting two Short Sale seminars on the 18th and 19th November.

As Executive Vice President I head up the Real Estate Solutions Group, a new division of Prudential Palms Realty, set up to deal specifically with distressed properties both pre- and post-foreclosure. My team is encountering the short sale scenario more and more frequently and it is apparent that the homeowners are not fully informed of the implications of their situation or of any remedies which may be available to them.

With the passing of the Emergency Economic Stabilization Act, 2008, aka Federal bailout, a few weeks ago the U.S. Government announced its commitment to a policy of Homeownership Preservation. Lenders, particularly those participating in the Capital Purchase Program are under instructions to avoid unnecessary foreclosures and to use the bailout dollars to restructure distressed loans wherever possible.

John Rigg of Save Our Homes from Foreclosure, LLC, www.SOHFF.com, will be one of the seminar speakers. He says, “In these difficult and changing times it is important that the consumer is kept in the loop when the Treasury Department is making decisions which will ultimately affect all of us. Prudential Palms is attempting to do just that by offering these seminars. I would encourage any one with a home-secured loan to attend, whether they are considering a short sale or not”.

Other speakers will include representatives from the Sarasota legal and accounting firms of Blalock & Walters, Attorneys at Law, www.blalockwalters.com, and Kerkering Barberio & Co., P.A., CPAs, www.kbgrp.com.

The seminars are open to all and will be taking place on18th November, 2008 at 7pm, Hampton Inn, 5995 Cattleridge Blvd. (I-75 & Bee Ridge) and on19th November, 2008 at 4:30pm, Robb & Stucky, 7557 S. Tamiami Trial.