Zac Pasmanick - The Zac Team


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New improvements to rules regarding second loan modification and short sales

by the zac team @ RE/MAX Greater Atlanta

Good news! The government is now allowing loan modifications on second mortgages, lines of credit, etc., thereby enabling previously ineligible homeowners a second chance to relieve financial stress. These second loan modifications can be done in one of a few ways, such as reducing the interest rate and extending the life of a loan, or by automatically reducing payments on a second loan when the primary loan is modified.

Additional short sale options are also becoming available! Below is an excerpt from an article on Realty Times:

Under the new short sale incentive, lenders can receive a $1,000 payment from the U.S. Treasury for allowing the owner to sell the house for less than the amount owed on the mortgage and for accepting the proceeds as full repayment, rather than treat it as a short sale.

Lenders can also receive $1,000 for accepting a deed-in-lieu transaction, in which the deed is simply transferred to the lender instead of going through a costly foreclosure.

Homeowners who agree to short sales or deed-in-lieu deals can receive up to $1,500 in closing costs. To help stop second mortgages from blocking the deal, the Treasury will pay second lien holders up to $1,000 to relinquish their claims in such transactions.

Read more about the stipulations and details here!

Are or someone you know you facing possible foreclosure? You are not alone! And we can help. Zac is a Certified Distressed Property Expert, which uniquely qualifies him to work with homeowners who are struggling to make their mortgage payments. One option is a short sale, where, due to extenutating circumstances, your bank will let you sell your home in exchange for whatever sale price you can on your property. Our office is currently working with a number of short sales and has the resources to help our neighbors and community avoid foreclosure. For more details, please visit our website!

Zac Pasmanick Earns Prestigious Designation to Help Homeowners in Danger of Foreclosure

by the zac team @ RE/MAX Greater Atlanta

Hello Neighbors,
Zac just returned from Denver where he immersed himself in the ins and outs of shorts sales and earned the elite designation of Certified Distressed Property Expert. Please check out our press release below!  And please don't hesitate to contact us if you or someone you know is in danger of falling behind on your mortgage payments or of going into forclosure: 404.564.7200.

Zac Pasmanick of the zac team @ RE/MAX Greater Atlanta ( has earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance and short sales.


PRLog (Press Release)Feb 26, 2009 – Zac Pasmanick of the zac team @ RE/MAX Greater Atlanta ( has earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance and short sales. This is invaluable expertise to offer at a time when the area is ravaged by “distressed” homes in the foreclosure process.

Short sales allow the cash-strapped seller to repay the mortgage at the price that the home sells for, even though it is lower than what is owed on the property. With plummeting property values, 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.

In the Atlanta area, thousands of homes are in danger of foreclosing. Approximately 10% of homes are in default nationwide. It is happening in all price ranges. Local experts say that even high-priced homes are not immune.

“This CDPE designation has been invaluable as I work with sellers and lenders on complicated short sales,” said Pasmanick. “It is so rewarding to be able to help sellers save their homes from foreclosure.”

Alex Charfen, founder of the Distressed Property Institute in Boca Raton, Fla., said that Realtors® such as Pasmanick with the CDPE designation have valuable training in short sales that can offer the homeowner much better alternatives to foreclosure, which virtually destroys the credit rating. These experts also may better understand market conditions and can help sellers through the emotional experience, he said.

The Distressed Property Institute opened in January 2008 and provides training on-site and online. The CDPE is the premier designation for Realtors helping homeowners in distress and handling short sales.

“Our goal is to educate as many people as possible so we can help as many homeowners as possible,” Charfen said.

Zac Pasmanick has been in the Atlanta real estate business for 30 years and works with a team of agents knowledgeable in both selling and buying short sale homes and foreclosures. For more information on avoiding foreclosure, Pasmanick and the zac team can be reached at 404.564.7200 or for a confidential consultation. For more information about CDPE designation, please call 1-800-482-0335.

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About the zac team: A full service real estate team with Sales Consultants, Listing Partners, and staff to serve all of your Atlanta, Decatur, Buckhead, Morningside & Virginia Highland home buying & selling needs! Serving over 3,500 happy families since 1979!

Hello neighbors,
Are you faced with the possibility of foreclosure? A number of hardships can lead to this situation and our team can help you figure out the best approach for your situation. One possibility that homeowners are not always that familiar with is a short sale. You can read more about short sales here in a blog I posted previously.

If you would like to explore the possibility of a short sale for your property, avoid foreclosure, and potentially save your credit rating, please complete our form here. I or one of my qualified short sale agents will be in touch with helpful information. As always, we will keep your information and your situation completely confidential. As an additional benefit to you, I am also a Certified Real Estate Owned (REO) Specialist and am qualified to help you and your family with short sales and foreclosures. You can also call me anytime at 404.564.7200.

Best regards,

Foreclosure Help & Assistance for Atlanta Homeowners

by the zac team @ RE/MAX Greater Atlanta

Are you having trouble making your mortgage payments? There may be help before it’s too late —

If you are worried about foreclosure and want to know more about your options or the possibility of a short sale, please click here.

Also, the Homeowner’s HOPE Hotline, available at 888.995.HOPE
is an independent, third-party resource that is part of a HUD-certified, not-for-profit network dedicated to helping homeowners. HOPE counselors are trained to set up a plan of action designed just for you and your situation. (Spanish speaking counselors are also available; llame español.)

When you call HOPE for Homeowners, you won’t be judged, you won’t pay a dime, and most of all, you won’t be disappointed.

Please remember to check with the bank who holds your mortgage - many banks are offering loan modification packages now to help keep home owners in their homes!

Our current edition of The Zac Report has more tips on how to avoid foreclosure and save your home - just click here or go online to Please feel free to give our office a call at 404.564.7200 if we can be of assistance in any way.

Displaying blog entries 1-4 of 4




Contact Information

Photo of Zac Pasmanick  Real Estate
Zac Pasmanick
RE/MAX Metro Atlanta Cityside
600 Virginia Avenue NE
Atlanta GA 30306
Office: 404-564-7272


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