For homeowners in danger of losing their home to foreclosure, it is common to feel alone and as though there is no help. In Raleigh, homeowners in this situation are finding relief thanks to a dedicated agent trained specifically to help distressed homeowners.

“It is common for homeowners in this situation to feel like they are alone,” saysLinda Craft, CEO of Linda Craft & Team, REALTORS® & Certified Distressed Property Expert (CDPE). “Once they realize that others have been where they are, they realize that the situation may not be as bad as they thought.”

There are a number of ways in which homeowners might avoid foreclosure, even if they are late on their payments. Loan modifications, in which the bank changes the terms of the loan so that it is more affordable; mortgage forgiveness, in which the bank agrees to eliminate some or all of the amount owed; or short sales, in which the bank agrees to sell the home for less than the amount owed, are just some of the options available.

As a Certified Distressed Property Expert® (CDPE), Linda Craft is specially trained to help homeowners facing foreclosure understand the options available and choose the solution that is right for them. “I want homeowners to know their options and to be as educated as possible about the process,” Craft said. Homeowners in Raleigh who found themselves underwater during the housing crisis are discovering that they may now have equity in their homes. This is a result of exceptional price increases in the last 6-8 months.

Linda has developed a free report entitled “Fending off Foreclosure”. The report is accessible from her website, http://www.raleighrealestateforeclosures.com at: http://www.raleighrealestateforeclosures.com/Fending-off-Foreclosure.aspx