Distressed real estate transactions have continued to dominate the discussion of Florida’s homeownership market.  For the real estate practitioner, understanding the complexities of such transactions is a vital part of practice today – whether representing sellers of underwater properties or potential purchasers at a short sale.  In this ever evolving marketplace, property owners need guidance on the various alternatives available when faced with distressed property ownership, including refinancing, loan modifications, short sales, deeds in lieu of foreclosure, bankruptcy, and defending the foreclosure action.  Such guidance includes the stringent document production requirements for application to lender specific and government sponsored relief programs, potential tax and deficiency implications when selling the property, and managing expectations of potential purchasers at a short sale.  This one hour Fundinar focuses on the various programs and alternatives that need to be discussed with clients that own distressed property.  This Fundinar is approved for 1.0 general credit and 0.5 ethics with the Florida Bar.  Accreditation is pending with NALA and DFS.