Four members of The Gary and Nikki Team have earned an important 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. Don Ubaldini, Gary Ubaldini, Nikki Ubaldini and Mimi Patrick are now part of the 10,000 out of 1.2 million REALTORS that have this designation.
What Is A Short Sale?
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. 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.
“This CDPE designation is invaluable as we work with sellers and lenders on complicated short sales,” said Gary Ubaldini. “It is so rewarding to be able to help sellers save their homes from foreclosure.”
Helping To Save Your Credit Rating
Alex Charfen, founder of the Distressed Property Institute in Boca Raton, Fla., said that Realtors® such as The Gary and Nikki Team with the CDPE designation have valuable training in short sales that can offer the homeowner much better alternatives to foreclosure, which virtually destroys the credit rating. These experts also may better understand market conditions and can help sellers through the emotional experience, he said.
The CDPE is the premier designation for Realtors helping homeowners in distress and handling short sales. “Our goal is to educate as many people as possible so we can help as many homeowners as possible,” Charfen said.
If you home is in danger of foreclosure, call The Gary and Nikki Team today: 727-787-6995
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