CDPE - Charfen's Blog: Short Sale Qualifications - 06/29/09 12:27 PM
To qualify for a short sale, distressed homeowners must have three qualifications: financial hardship, monthly shortfall, and insolvency. Here I explain these concepts in detail, letting you in on what most banks and servicers are looking for when considering a short sale. To download PDFs of the documents I mention in this blog, please visit our CDPE Video Blog.
In today's market, it's important to remain educated on issues affecting homeowners and the solutions you can provide, including short sales and foreclosure prevention.
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20th Anniversary STAR POWER ANNUAL CONFERENCE - 06/26/09 08:48 AM
Howard Brinton's STAR POWER annual conference is a "must-attend" for real estate professionals today. Without Howard's friendship and guidance, Cadey and I - and the CDPE - would not be where we are today. Event details: Wednesday July 29 - Saturday August 1; Hyatt Convention Center Downtown - Denver, CO. For more information, visit: www.starpowerconference.com. I look forward to seeing you there! In today's market, it's important to remain educated on issues affecting homeowners and the solutions you can provide, including short sales and foreclosure prevention.
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CDPE - Charfen's Blog: Short Sale Flips - 06/23/09 06:36 PM
The practice of flipping short sales is at best unethical, and at worst illegal. Learn the facts, and understand why as a real estate agent, your first responsibility should be to the homeowner. Don't jeopardize your license and integrity over the potential for a fast profit.
I believe it's important to protect yourself in today's market, because if you can't practice in this business, you can't help people. It's vital to remain educated on the issues and dangers out there in the market, so that you can help homeowners through short sales and other foreclosure prevention measures.
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Charfen's Blog: CDPE National Member Survey Results - 06/17/09 02:04 PM
The Distressed Property Institute conducted its National CDPE Member Survey for the second quarter of 2009, compiling some staggering results. See how CDPEs nationwide are better prepared to help distressed homeowners avoid foreclosure by keeping their homes or, when this is not possible, by successfully executing a short sale. SEE FULL SURVEY RESULTS In today's market, it's important to remain educated on issues affecting homeowners and the solutions you can provide, including short sales and foreclosure prevention.
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Anonymous Testimonials - Don't Use Them - Real People's Names WORK! - 06/14/09 12:51 PM
When I am deciding to buy a product that has a considerable expense to me (other in the cost of the product or the time I will invest) I read testimonials.  I will usually even call the individuals who have given testimonials and ask them questions, get their reactions and see how they feel about the product they purchased.  I did this recently for both the security system in my office and for the video broadcast solution we will be using at the Distressed Property Institute to communicate with agents. 
This process was invaluable and in one case we adjusted our … (40 comments)

The Distressed Property Institute Responds to National Delinquency Survey - 06/14/09 07:02 AM
The Distressed Property Institute Responds to National Delinquency Survey Strong reaction needed as foreclosures and mortgage loan delinquencies grow in the first-quarter of 2009
Austin, Tex. – June 9, 2009 – With the Mortgage Bankers Association’s (MBA) recent release of its National Delinquency Survey, the Distressed Property Institute sees continued difficulty for the residential real estate market.
“Despite the best efforts of bank and government initiatives, the reality is that an increasing number of homeowners are going into foreclosure,” said Alex Charfen, co-founder and CEO of the Distressed Property Institute, a premier real estate education organization training real estate professionals how … (0 comments)

 
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Alex Charfen

Austin, TX

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