Carl Henson with RE/MAX advantage: CDPE Information

Carl Henson of RE/MAX Advantage, Colorado Springs 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 at a time when the area is ravaged by "distressed" homes in the foreclosure process:

Short sales allow the cash-strapped seller to repay the mortgageat the price that the home sells for, even though it is lower than what is owned 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.

In the Colorado Springs area, more than 50% of homes are in danger of foreclosing. 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 Henson. "It is so reqwrding to be able to help sellers save their homes from foreclosure."

Alex Charfen, founder of the Distressed Property Institute in Boca Raton, FL, said that Realtors such as Carl Henson 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 Distressed Property Institute opened in January 2008 and provides training on-site and online. The CDPE is the premier designation for Realtors helping homeowners in destress 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.

For more information about CDPE designation or to find a certified distressed Realtor in your area, please call 1-800-482-0335

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/06/2010. The listing information on this page last changed on 09/06/2010. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Pikes Peak REALTORR Services Corp (last updated Sun 09/05/2010 9:02:57 AM EST). Real estate listings held by brokerage firms other than RE/MAX advantage may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. --
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