Diane Mollison, a leading sales associate with Coldwell Banker Residential Brokerage in San Mateo, has earned the prestigious Certified Home Affordable Foreclosure Alternatives Specialist (HAFA) designation from the California Association of Realtors.  Mollison completed an extensive training course in foreclosure avoidance and short sales to earn the designation.

At a time when thousands of homeowners are struggling with the possibility of foreclosure, the skills and education earned by Mollison will help benefit San Mateo County residents and communities.

Short sales allow cash-strapped sellers to repay the mortgage at the price that the home sells for, even though it may be lower than what is owed on the property.  This can save many people from foreclosure and even bankruptcy.  More and more lenders are willing to consider short sales because they are much less costly than foreclosures.

“The HAFA designation has been invaluable as I work with homeowners and lenders on complicated short sales,” said Mollison. “It is so rewarding to be able to help families save their homes from foreclosure.”

The California Association of Realtors provides live and online courses to train real estate professionals how to help homeowners in distress, with a particular emphasis on handling short sales.

Coldwell Banker Residential Brokerage in San Mateo is located at 181 Second Avenue Suite 100 and can be reached at 650.558.6800.  Mollison may be reached directly at 650.685.7626 and via e-mail at diane.mollison@cbnorcal.com.