Matt Martin Real Estate Management Saves $141,000 per Family in Short Sales

Matt Martin Real Estate Management negotiated average write-downs of $141,000 for homeowners who came to the firm for help with short sales and foreclosure prevention in 2008. As the nation’s largest facilitator of short sales, Matt Martin Real Estate Management has completed more than 10,000 short sales.

Vienna, VA (PRWEB) January 31, 2009 — The professionals at Matt Martin Real Estate Management have completed more than 10,000 short sales in the past two decades. In 2008, their average write-down was $141, 000 per family.

Last year’s sales were spread across 35 states, with a high concentration in Florida, California and Ohio. Short sales were part of 800 successful residential closings the real estate company recorded last year.

For the month of January 2009, Matt Martin Real Estate Management had 500 listings in its inventory, with 42 percent of those homes already under contract. The Northern Virginia real estate firm is managing the sale of foreclosed properties for the Department of Housing and Urban Development in Ohio and other properties nationwide. These other properties are held by Asset Management Holdings LLC, a distressed debt purchasing firm based in Sarasota Florida. Matt Martin Real Estate Management works with 250 agents across the country.

"We have a 92 percent success rate with our short sales," says Mitchell Johnson, director of business development for Matt Martin real Estate Management. "Interest in short sales remains strong. RealtyTrac has reported that foreclosures increased by 81 percent in 2008, with 3.2 million foreclosure filings across the country. A short sale offers homeowners an alternative to foreclosure, bankruptcy or just walking away from their homes if they can not make the payments. A short sale means selling the home for less than what is owed on the mortgage."

About Matt Martin Real Estate Management

Matt Martin Real Estate Management is a division of Matt Martin Real Estate, Inc., of McLean, Virginia. Founded in 2000, Matt Martin Real Estate specializes in consumer and lender workouts, short sales and disposition of both residential and commercial property which is in the possession of a lender as the result of foreclosure.

Matt Martin Real Estate Management includes a team of professionals who have been working in loss mitigation for 20 years. They have successfully saved more then 15,000 consumers from foreclosure through numerous methods of loss mitigation.

For more information on Matt Martin Real Estate Management and foreclosed properties for sale, visit www.mmrem.com or call Mitch Johnson Director of Business Development 703-766-5777.

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For the original version on PRWeb visit: http://www.prweb.com/releases/2009/01/prweb1933074.htm

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