ROBIN WILLIAMS EARNS PRESTIGIOUS DESIGNATION TO HELP HOMEOWNERS IN DANGER OF FORECLOSURE
Robin Williams of The Wells Group has 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 home owners who are possibly facing 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. With declining 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.
In La Plata County there are 234 homes in danger of foreclosing for the year. It is happening in all price ranges. Local experts say that even high-priced homes are not immune.
“This CDPE designation has been invaluable as I work with sellers and lenders on complicated short sales,” said Williams. “It is so rewarding to be able to help sellers save their homes from foreclosure.”
The CDPE is the premier designation for Realtors helping homeowners in distress and handling short sales. Alex Charfen, founder of the Distressed Property Institute in Boca Raton, Fla., said that Realtors® such as Williams 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.