Many of our RE/MAX Brokers have earned the 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 experiencing a high
degree of 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. 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.
Homeowners who are experiencing a financial hardship will benefit greatly when they
select a CDPE Broker to represent them. If the Homeowner desires not to sell there may be
alternatives to foreclosure including loan refinance and government sponsored modification
programs. Our RE/MAX CDPE Brokers will always advise the client on all the solutions
available to the client.
Buyers who wish to purchase properties at or below market value can also take advantage
of a CDPE Broker's knowledge.
What's happening in the housing market? What's being done about it?
Learn about the government's new HAFA program, providing foreclosure
avoidance options including short sales and deeds-in-lieu of
foreclosure. Here's the big picture, clearly explained.
Here, Distressed Property
Institute CEO Alex Charfen provides distressed
homeowners with a better understanding of their situation, and his message is clear: know your
options and consult a real estate expert. Take a look at
this segment:
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