What is a CDPE? A Certified Distressed Property Expert® is a real estate professional with specific understanding of the complex issues confronting the real estate industry, and the foreclosure avoidance options available to homeowners. Through comprehensive training and experience, CDPEs are able to provide solutions for homeowners facing hardships in today’s market, specifically short sales.
Chances are, you or someone you know in West Hartford, Farmington, Avon or surrounding towns, is facing the possibility of foreclosure. But you need to understand that you are not alone. In a February 20th, 2010 article in the Hartford Courant, the headlines read "State Foreclosures on Rise Amid Some Positive Signs". The article goes on to explain that home sales and prices are stabilizing (much to do with the current tax rebates and the frenzy to get in on the government handout). Foreclosures and serious delinqunet home loans jumped a percentage point in the last 3 month of 2009 to 8.1% The Housing Education Resource Center in Hartford indicates they see no slowing of the crisis and they are in the trenches!
Today, 1 out of every 6 homeowners in America is behind on mortgage payments. As of December 2009, in Connecticut, 1 in 12 mortgages are in foreclosure or 90 days past due. This is over 42,000 mortgages in Connecticut that are past due. The sad part of this news is that these numbers do NOT INCLUDE foreclosures that have already occurred!
These are tough and frustrating times. Now more than ever, it's important to identify your options. Foreclosure can be avoided, your credit can be saved, and your financial future can be salvaged.
Through my experience handling distressed properties at RE/MAX Premier Realtors, I've found that homeowners today have more questions than answers about their circumstances. I have created this site to help you understand the possible solutions to foreclosure, as well as provide a detailed explanation of short sales, which may be the best course of action for some homeowners.
This is an important enough issue that I have developed a distinct and separate website dedicated to short sale and foreclosure information for the Hartford area consumer. On my site you can get a number of FREE Reports to explain your options and help you decide on a course of action. The idea of losing a home can be overwhelming, and I feel it is vital for you to have all the facts necessary to make an informed decision. You can visit my site at www.distressedsellerhelp.com.
As an agent with the CDPE® Designation, I have a strong and unique appreciation of the factors affecting the market and know that there are options available to you.