LOUISVILLE, Ky., July 29, 2008 (PRIME NEWSWIRE) -- Jeremy Bowman, co-founder and President of BGS3, announced today that due to the continued growth of the company, on Friday, August 1, 2008, BGS3 will be moving their headquarters to a state-of-the-art, 10,000 square foot office suite in an effort to stay ahead of the current market trends and increase their overall level of productivity. BGS3's certified real estate agents across the nation are submitting short sale workout packages at an increasing rate. Equipped now with five times the number of workstations, voice-over IP call center capabilities, and GE certified networking, BGS3 is increasing their ability to provide their Realtor partners and America's distressed homeowners with the best foreclosure solutions available -- all free of charge to the homeowner.
This week, multiple news sources are reporting on the inflated increase of foreclosure filings in the second quarter maxing out at nearly 220,000 homes lost to bank repossession. The increase is up 14% from the first quarter, and 121% from the same period in 2007. These statistics are hastily creeping up on experts' original 2008 projections which now seem highly underestimated. Bowman states, "With market conditions as they are, it is vitally important that we have the right internal structure and foundation in place to quickly deliver on what we've promised our Realtor partners and the homeowners who are relying on us to help them."
Woods Davis, VP of Operations, adds, "We are committed to pulling in whatever resources necessary to help as many homeowners as we can. Our Realtor partners in the field are quickly becoming more effective and educated on how to best help the homeowners in their respective territories. They rely on us for their support and assistance and we are determined not to let them down. Our new office suite is equipped in every way to maximize our ability to deliver for them."
BGS3 certifies, under their certification program, "Program 3648," real estate professionals throughout the nation to help homeowners avoid foreclosure.
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