Service Areas
Canal Point, FLFort Pierce, FLHobe Sound, FLIndiantown, FLJensen Beach, FLJupiter, FLNorth Palm Beach, FLPalm Beach Gardens, FLPalm City, FLPort Saint Lucie, FLPort Salerno, FLStuart, FL
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About Craig Wallengren
Craig Wallengren is Broker/Owner of HW Real Estate in Stuart, FL, specializing in REO, bank-owned, and distressed property sales across Martin, St. Lucie, Indian River, Palm Beach, and Okeechobee Counties. An active member of NRBA with additional designations in CRS, GRI, SFR, CSSE, CDPE, and NADP, Craig has managed REO listings since 2008 and consistently delivers a 99.3% on-time task rate with sub-1-day response times and zero compliance holds. BPO turnarounds run 48-72 hours, as fast as 24 hours at low volume. Craig handles short sales, foreclosures, default servicing, and full-cycle REO asset management from listing to close.
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Credentials
LICENSE
Real Estate - Florida - # BK3015703
Designation
CSSE (Certified Short Sale Expert)
CDPE (Certified Distressed PropertyExpert)
GRI (Graduate Realtor Institute)
CRS (Certified Residential Specialist)
Broker / Associate Broker
Top Producer
SFR (Short Sales & Foreclosure Resource)
Specialties
- Buyer's Agent
- Foreclosure specialist
- Investment Properties
- Listing Agent
- Luxury Specialist
Awards
FAQ
If you're looking at bank-owned or foreclosure properties, go in prepared: get financing lined up ahead of time, understand that these homes sell as-is, and work with an agent who knows how bank timelines and paperwork actually work — they move differently than a traditional sale. For any buyer, the biggest advantage is having someone who knows the local market cold. I cover Martin, St. Lucie, Indian River, Palm Beach, and Okeechobee Counties, and I make sure every buyer understands exactly what they're getting into before they make an offer.
Price it right from day one — overpricing costs you more in time on market than a strong initial price ever would. If you're facing financial hardship or falling behind on payments, don't wait until foreclosure is the only option; a short sale or a well-timed listing can protect your equity and your credit far more than letting the process run its course. I've helped sellers navigate both straightforward sales and difficult, time-sensitive situations since 2008.
My work is split between institutional clients — banks, asset managers, and loan servicers who assign me REO listings — and individual sellers and buyers, including homeowners navigating short sales or foreclosure and buyers purchasing bank-owned properties. I've built relationships across platforms like Equator, Res.Net, VRMS, and Altisource/Vendorly, and I work directly with asset managers at firms like Standard Asset Services, ServiceLink, Guardian Asset Management, and ADR.
My path into real estate started after my time at IDC. I earned my real estate license through All Florida School of Real Estate, and from there built my career specifically around REO, bank-owned, and distressed property sales, an area I've now specialized in since 2008 as Broker/Owner of HW Real Estate.
Yes — I hold multiple designations directly relevant to distressed and bank-owned property work: NRBA (National REO Brokers Association), CRS (Certified Residential Specialist), GRI (Graduate, REALTOR Institute), SFR (Short Sales & Foreclosure Resource), CSSE, CDPE (Certified Distressed Property Expert), and NADP. This training means I understand the compliance, timelines, and reporting requirements banks and asset managers demand — not just general real estate practice.
Contact Information
Location
850 Northwest Federal HighwayStuart, FL, 34994
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