A Certified Distressed Property Expert(CDPE) is a real estate professional specific understanding of the complex issues confronting the real estate industry, and the foreclosure avoidance options available to homeowners. Through comprehensive training and experience, CDPEs are able to provide solutions for homeowners facing hardships in today's market, specifically short sales. A short sale can allow the cash-strapped seller to repay the mortgage at the price that the home sells for, even if it's lower than what is owed on the property. With declining property values, this can save many people from foreclosureand even bankruptcy. Many lenders are now willing to consider short sales because they are much less costly than foreclosures. The new guidelines in the Home Affordable Foreclosure Alternatives Program helps both the homeowner and the lender avoid the foreclosure process.
The prospect of foreclosurecan be financially and emotionally devastating, and often homeowners attempt to proceed without guidance of any kind. The best course of action for a homeowner in distress is to speak with an educated, well-informed licensed real estate professional. They have the tools needed to help homeowners find the best solution for their situation. Often, when other options have been exhausted, CDPEs can help homeowners avoid foreclosure through the efficient execution of a short sale.
While enduring financial difficulties is challenging for any family, the process of finding a qualified real estate professional should not be. Selecting an agentwith the CDPE Designation ensures you are dealing with a professional trained to address your specific needs. CDPEs don't merely assist in selling houses, they serve and help save their clients in need.
If you or someone you know has fallen behind on their mortgage due to a hardship, don't give up... There Are Options! Call David at (281)220-9082 or DavidSlavin@remax.net or www.AvoidForeclosureWithDave.com