Holland earns short sale/foreclosure certificate

James Holland of Prudential California Realty’s La Jolla office recently earned the National Association of Realtors’ Short Sales and Foreclosure Resource (SFR) certification, successfully completing an advanced series of course work pertaining to seller qualification, negotiating tactics, limiting the risk of buyers, and loan modification guidelines.

Short sales typically offer an attractive alternative to foreclosure, because the impact on a seller’s credit score is reduced and the seller is only required to repay the sales price of the home. The difference between the remaining loan amount and the sales price is forgiven by the lending institution.

A broker associate, Holland has the Certified Auction Specialist designation, the Risk Management by Design designation, and the U.S. Department of Housing and Urban Development’s Home Foreclosure Specialist designation.