For Immediate Release: Christopher Terry earns prestigious CDPE Designation to help homeowners in danger if foreclosure.
Christopher Terry earns prestigious CDPE Designation to help homeowners in danger of foreclosure.

Christopher Terry, broker/owner of WPI South Coast Realty, 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 being 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. "This CDPE designation has been invaluable as I work with sellers and lenders on complicated short sales," says Chris. "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 the Realtors® such as Chris Terry, with the CDPE designation, have valuable training in short sales that can offer the homeowner alternatives to foreclosure, which virtually destroys the credit rating. These experts also may better understand the 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. For more information about CDPE designation or to find a certified distressed Realtor® in your area, please call 1-800-482-0335.
Christopher Terry services home buyers and sellers on the South Coast area and Massachusetts and Rhode Island and can be reached at 508-646-4777 ex 105 or chris@wpisouthcoast.com.
