New Central Oregon Business Offers Experienced Help for Distressed Homeowners

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Oregon Short Sale and Debt Management, LLC provides short sale negotiating and processing services, plus consumer counseling.

Bend, OR, May 20, 2011 (PressReleasePoint) -- Oregon Short Sale and Debt Management (OSSDM), a new Central Oregon company to help distressed homeowners in the Central Oregon area, has opened for business on Colorado Avenue in Bend. The company specializes in assisting individuals with home short sales, and also offers free confidential counseling to homeowners in distress.

Oregon Short Sale and Debt Management, LLC helps distressed homeowners by:
* Providing answers and guiding them through processes at no cost to them
* Helping to prevent foreclosures and salvaging credit so they can have the option to purchase a home again
* Lowering the number of distressed properties on the market, stopping the erosion of residential real estate prices and improving the Central Oregon economy

Short sales can be extremely complicated transactions often involving multiple negotiating parties. Oregon Short Sale and Debt Management has developed processes to quickly present offers to the loan servicers and complete the short sale procedure at no cost to the seller. The company provides all required documentation and conducts follow up to ensure that everything runs smoothly from start to finish.

“Our goal is to achieve an optimal outcome for the seller,” said Scott Jennrich, president of OSSDM. “No cost to the seller, no deficiency, no promissory note, and in some cases through the Federal Government’s Home Affordable Foreclosure Alternative Program, $3,000 in relocation assistance funds at closing.”

In addition, Oregon Short Sale and Debt Management, LLC offers counseling for distressed homeowners in Central Oregon. Before the recession, many of these individuals had perfect or near perfect credit and have no idea what their options are when faced with a mortgage payment that can no longer be paid. For those wishing to pursue a loan modification or deed in lieu alternative, Oregon Short Sale and Debt Management, LLC provides free coaching through the process.

Jennrich continued, “We listen to their story and present the different alternatives to them. These are tough decisions. We spend a lot of time talking about short, medium and long-term financial health. Pulling money from retirement accounts to pay your mortgage may be solving a short-term need, but the long-term effects may be devastating.”

The new office is located at 15 SW Colorado Ave, Ste. 1, Bend, OR 97702 and can be reached by calling 541-480-3175.

About Oregon Short Sale and Debt Management, LLC
Oregon Short Sale and Debt Management (OSSDM) offers free, confidential, face-to-face or over the phone counseling sessions for homeowners in distress. The company works with clients to explore all possible options including loan modification, deed in lieu, short sale, forbearance and foreclosure. ODSSM offers free "coaching" throughout the chosen process, helping clients to negotiate with the appropriate parties and expedite what can become a lengthy process. ODSSM charges a flat fee for services which are paid by the purchaser at closing. Find out more at www.orshortsale.com or www.facebook.com/orshortsale.
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