Essie Suppo, Lillian Weinstein, Ann Melendez and Patti Baker of Lang Realty have earned the prestigious Certified Distressed Property Expert (CDPE) designation, having recently completed extensive training in foreclosure avoidance and short sales from the Distressed Property Institute. This is invaluable expertise to offer at a time when the area is full 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. With declining property values, this can save many people form foreclosure and in some cases bankruptcy. More and more lenders are willing to consider short sales because they are much less costly than foreclosures. This situation is happening in all price ranges and high priced homes are not immune.
The newly certified Lang agents agree that the CDPE designation is an invaluable tool as they work with sellers and lenders on complicated short sales. It is also rewarding for them to be able to help sellers save their homes form foreclosure.
According to Alex Charfen, founder of the Distressed Property Institute in Boca Raton, Florida” Realtors® with the CPDE 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 many better understand market condition and can help sellers through the emotional experience.”
Lang Realty is one of South Florida’s top independent residential real estate companies, with over 300 full-time professionals. For more information about Lang Realty and agent opportunities, please contact Scott Agran at 561.989.2100 or visit www.langrealty.com .