CDPE To Help Homeowners Facing Foreclosure

FOR IMMEDIATE RELEASE

Contact:
Robert Martin
Broker/Owner
EXIT Realty Martin Group
386-947-8797
robert@exitmartin.com

CDPE To Help Homeowners Facing Foreclosure

Daytona Beach, Florida (Grassroots Newswire) 10/08/10 --Robert Martin of EXIT Realty Martin Group in Daytona Beach has earned the prestigious Certified Distressed Property Expert^® (CDPE) designation, having completed extensive training in foreclosure avoidance, with a particular emphasis on short sales. At a time when millions of homeowners are struggling with the possibility of foreclosure, the skills and education amassed by Martin will help benefit Daytona Beach-area residents and communities.

Short sales allow the distressed homeowner to repay the mortgage at the price that the home sells for, even if it is lower than what is owed 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.

Today, more than 13 percent of homeowners are delinquent on their mortgage or in the foreclosure process. In the Daytona Beach area alone over 1,700 homes are in danger of foreclosure. This is occurring across all price ranges, and the fastest-growing category of homes in foreclosure is the luxury home market.

“The CDPE designation has been invaluable as I work with homeowners and lenders on complicated short sales,” said Martin. “It is so rewarding to be able to help families save their homes from foreclosure.”

Alex Charfen, co-founder and CEO of the Distressed Property Institute in Austin, Texas, said that agents such as Robert Martin with the CDPE Designation have valuable perspective on the market, and training in short sales that can offer homeowners real alternatives to foreclosure, which can be devastating to credit ratings.

“These experts better understand market conditions than the average agent, and can help sellers through the complications of foreclosure avoidance,” he said.

The Distressed Property Institute provides live and online courses to train real estate professionals how to help homeowners in distress, with a strong focus on handling short sales.

“Our goal is to help as many homeowners as possible, by educating as many real estate professionals as possible,” Charfen said. “Robert Martin has demonstrated a commitment to struggling homeowners, a commitment that can provide much-needed stabilization to the community.”

For more information about CDPE Designation, visit www.exitmartin.com/distressedpropertyexpert.

For more information about EXIT Realty Martin Group, please call 386-947-8797. EXIT Realty Martin Group is located at 1440 N Nova Road Suite 301, Daytona Beach, FL, 32118.

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