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ED LEAVY
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Ed Leavy Earns Real Estate, Short Sale Designation to Help Homeowners in Danger of Foreclosure
St Marys, GA – October 3, 2011 – Ed Leavy of RE/MAX First Coast of GA Realty in St Marys 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 amassed by Leavy will help
benefit Camden County-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 Leavy. “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 Ed Leavy 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 courses to train real estate professionals
how to help homeowners in distress, with a strong focus 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. “Ed Leavy has demonstrated a commitment to
struggling homeowners, a commitment that can provide much-needed stabilization to the
community.”
For more information about CDPE Designation, visit www.cdpe.com.
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