Local Real Estate Company Commits To Helping Save Homeowners From Foreclosure
Fourteen Realtors® from Realty World Homes of Distinction have 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.
Historically, a percentage of homes have always been in foreclosure. With the recent challenges in the subprime lending market, this percentage has grown dramatically. “We felt it was important to acquire the specialized knowledge needed to assist home owners in need,” said Debbie Ward-Terry, one of the Realty World agents to earn the CPDE designation, “and to further enhance the ability to provide homeowners with every option available to find the best solution for their situation.”
Rapid growth in what once was a niche market requires Realtors® to gain specialized knowledge and learn new processes that will allow them to successfully assist homeowners in need. The Distressed Property Institute provides the tools and information Realtors® need to help distressed homeowners avoid foreclosure and move forward with their lives.
More than 11 percent of American homeowners are either delinquent on their mortgages or in foreclosure, according to the National Delinquency Report from the Mortgage Brokers Association