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What is a Distressed Property Consultant?

April 26, 2017consultant Distressed Property

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What is a Distressed Property Consultant?

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A Distressed Home Consultant (DHC) is anyone who solicits or contacts a Distressed Homeowner and makes a representation or offer to perform any service that the person represents will: 1) Save the home from foreclosure; 2) Negotiate with the homeowners lender or trustee handling a foreclosure regarding new or existing loans; or 3) Purchase a Distressed Home within 20 days of a foreclosure sale.