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Source: https://paradise10.com/resources-for-distressed-properties/

Assess the Situation: Meet with the homeowner to understand their specific circumstances and the reasons behind their financial distress. This assessment will help you determine the best course of action.
Explain Options: Educate the homeowner about the various options available to them, such as loan modification, short sale, deed in lieu of foreclosure, or selling the property before foreclosure.

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