FOR IMMEDIATE RELEASE
DATE: May 12, 2009
GRIMLY FORET EARNS PRESTIGIOUS DESIGNATION TO HELP HOMEOWNERS IN DANGER OF FORECLOSURE
Grimly Foret of RE/MAX Wilmington 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 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.
In New Castle County, it is alarming how many homes are in danger of foreclosing. It is happening in all price ranges. Local experts say that even high-priced homes are not immune.
“This CDPE designation has been invaluable as I work with sellers and lenders on complicated short sales,” said Foret. “It is so rewarding to be able to help sellers save their homes from foreclosure.”
A short sale can offer the homeowner much better alternatives to foreclosure, which virtually destroys the credit rating. In a short sale the Real Estate commissions and closing costs are usually paid by the lender. CDPE experts such as Grimly Foret also may better understand market conditions and can help sellers through the emotional experience.
For more information or a free private consultation, please call (302) 777-5987.
For more information, please contact:
Grimly Foret, CDPE
Realtor®
RE/MAX Wilmington
5307 Limestone Rd, Suite 100, Wilmington, DE 19808
DIRECT: 302-777-5987,
office: 302-234-2500,
www.Grimly.NET
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