Wednesday, July 30, 2014
PLACERVILLE, CALIFORNIA
99 CENTS

CDPE agents help more homeowners avoid foreclosure

By
From page HS20 | June 21, 2013 |

Wendi-Mae Davis, real estate agent and Certified Distressed Property Expert of Connect Realty announced today that, based on recent survey responses, CDPEs are leading the way among real estate agents out of the foreclosure crisis.

Seaking about the annual survey conducted by the Charfen Institute, the company that provides the CDPE course and designation, CDPEs have positioned themselves as the go to experts for people in danger of losing their home to foreclosure.

“The study revealed that CDPE agents do 14.7 transactions on average per year that involve distressed properties,” said Davis. “This is more than eight times the number averaged by real estate agents as a whole according to a recent survey conducted by the National Association of Realtors.”

The results also revealed that CDPEs close more than twice as many overall transactions as the average agent.

CDPEs are professionals with specialized training in helping homeowners avoid foreclosure via short sales. In a short sale transaction, the lien holder accepts less than what is owed on the mortgage. This option is usually less harmful to a homeowner’s credit score, typically does not challenge employment or security clearance, and allows the seller to be eligible for government-backed loans sooner than a foreclosure.

“There are more than 43,000 CDPEs nationwide, helping troubled homeowners in their local markets and helping the housing market as a whole get back on track,” Davis said. “I became a CDPE because I wanted to be a part of the solution and help the people in my community. Successful short sales require a certain level of expertise and knowledge.”

“Even though the market has slowly begun recovery, there are still many underwater homeowners who don’t know what to do,” said Alex Charfen, CEO of the Charfen Institute and author of the CDPE designation. “It’s important for them to know they have options outside of foreclosure and that there are specially trained people who want to help.”

The CDPE designation is the fastest-growing independent designation in real estate industry history. Davis has been a CDPE since September 2009.

Comments

comments

.

News

 
District 2 candidate statements tell of goals

By Dawn Hodson | From Page: A1

Sand Fire nears containment: 66 structures destroyed

By Cole Mayer | From Page: A1 | Gallery

 
Schedule for Highway 50 blasting closures

By News Release | From Page: A3

Tails wagging over dog park approval

By Julie Samrick | From Page: A3

 
Quarter-acre fire in Kelsey

By Rebecca Murphy | From Page: A3

.

Opinion

My Turn: Privatization of public services

By Mark Belden | From Page: A4

 
Policy book

By Mountain Democrat | From Page: A4

 
.

Letters

Piano replaced

By Letters to the Editor | From Page: A5

 
Comments sign-in policy

By Letters to the Editor | From Page: A5, 1 Comment

Save the Guinea Worm

By Letters to the Editor | From Page: A5, 1 Comment

 
Large bangs

By Letters to the Editor | From Page: A5, 2 Comments

Private property gets no respect

By Letters to the Editor | From Page: A5, 2 Comments

 
District 2 supervisorial special election

By Letters to the Editor | From Page: A5, 4 Comments

GDPUD management report

By Letters to the Editor | From Page: A5

 
.

Sports

Ex-Bruin lends a helping hand

By Steven Shaff | From Page: A8 | Gallery

 
Sierra Sharks finish middle of the pack

By Democrat Staff | From Page: A8

Roundup: July 29, 2014

By Democrat Staff | From Page: A8

 
Taz pull through for SSL trophy

By Patty Pope | From Page: A8

.

Prospecting

Nuns discover a pleasant place

By Lexi Boeger | From Page: B1 | Gallery

 
Bargains can be found everywhere

By Democrat Staff | From Page: B2 | Gallery

At a glance: Game time

By Mimi Escabar | From Page: B2

 
Barbecue dinner to benefit Blue Star Moms

By Mount Aukum Winery | From Page: B2

Stagecoach story takes riders on a trip

By Wendy Schultz | From Page: B3

 
Help needed to make cool ties

By Sew 4 | From Page: B3

Stroke and osteoporosis screenings planned

By Life Line Screening | From Page: B3

 
Gold Rush Days activities cancelled this year

By Sacramento Convention And Visitors Center | From Page: B4

Master Food Preservers: Tomato time

By Monique Wilber | From Page: B4

 
Sacramento area museums offer summer fun

By Sacramento Association Of Museums | From Page: B5

 
Build an author platform at the Library

By El Dorado | From Page: B5

.

Essentials

Weather stats 7-29-14

By Michael Raffety | From Page: A2

 
Building permits 6/2-6/2014

By Michael Raffety | From Page: A2Comments are off for this post

Crime Log: July 17

By Cole Mayer | From Page: A2

 
.

Obituaries

Merlyn Wilbur Adams

By Contributor | From Page: A2

 
Wallace Murrel Thomas

By Contributor | From Page: A2

.

Real Estate

.

Comics

.

Women’s Health

Love the skin you’re in

By Noel Stack | From Page: WH4

Dump stress and improve your health, productivity

By Wendy Schultz | From Page: WH7Comments are off for this post

Women’s Health Expo

By Marshall Medical | From Page: WH8

Find the confidence you need to fight back

By Special to the Democrat | From Page: WH12

Our choices directly affect our health

By Special to the Democrat | From Page: WH14

They’re NOT your mother’s hearing devices!

By Marshall Medical | From Page: WH17