Certified Distressed Property Expert

By
Real Estate Agent with Coldwell Banker Bain

Enrico Pozzo Earns Prestigious Designation to Help Homeowners in Danger of Foreclosure

Seattle, Washington - January, 2010 - Enrico Pozzo of Coldwell Banker Bain in Seattle has earned the prestigious Certified Distressed Property Expert® (CDPE) designation, having completed extensive training in foreclosure avoidance, with a particular emphasis on short sales. At a time when millions of homeowners are struggling with the possibility of foreclosure, the skills and education accumulated by Enrico will help benefit Seattle-area residents and communities.

Short sales allow the distressed homeowner to repay the mortgage at the price that the home sells for, even if 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.

Today, more than 13 percent of homeowners are delinquent on their mortgage or in the foreclosure process. This is occurring across all price ranges, and the fastest-growing category of homes in foreclosure is the luxury home market.

"The CDPE designation has been invaluable as I work with homeowners and lenders on complicated short sales," said Enrico. "It is so rewarding to be able to help families save their homes from foreclosure."

Alex Charfen, co-founder and CEO of the Distressed Property Institute in Austin, Texas, said that agents such as Enrico Pozzo with the CDPE Designation have valuable perspective on the market, and training in short sales that can offer homeowners real alternatives to foreclosure, which can be devastating to credit ratings.

"These experts better understand market conditions than the average agent, and can help sellers through the complications of foreclosure avoidance," he said.

The Distressed Property Institute provides live and online courses to train real estate professionals how to help homeowners in distress, with a particular emphasis on handling short sales.

"Our goal is to help as many homeowners as possible, by educating as many real estate professionals as possible," Charfen said. "Enrico Pozzo has demonstrated a commitment to the struggling homeowners, and will provide much-needed assistance in stabilizing the community."

For more information about CDPE Designation, visit www.cdpe.com.

For more information about Enrico Pozzo and Seattle area short sales, visit www.SeattleShortSaleSpecialist.com

Comments (3)

C. Lloyd McKenzie
Living Albuquerque - Albuquerque, NM
Living Albuquerque

CONGRATULATION ENRICO!  Now go and empower all those distressed homeowners.

Jan 16, 2010 04:58 PM
Vince Carter
Carter Realty Group, LLC - Paducah, KY
The Vince Carter Team

Congratulations on your designation.  We both took this training a couple months back and were blown away by it!  We have helped so many homeowners avoid foreclosure in our area and are thankful at the "tips" and thoroughness of this course.  We wish you all the best!

Jan 16, 2010 04:59 PM
Alchemy Real Estate Group Seattle Real Estate
Alchemy Real Estate Group - Seattle, WA
Represent Seattle's Builders & Intelligent Clients

What is the foreclosure market like today in Seattle for Condos?

Jan 22, 2013 02:24 AM