LOCAL EXIT AGENTS EARN PRESTIGIOUS DESIGNATION TO HELP HOMEOWNERS IN DANGER OF FORECLOSURE

FOR IMMEDIATE RELEASE

Contact:
Raymond Warren
Broker/Owner
EXIT Upward Realty
423-847-8001
RWarren@UpwardRealty.com

LOCAL EXIT AGENTS EARN PRESTIGIOUS DESIGNATION TO HELP HOMEOWNERS IN DANGER OF FORECLOSURE

Pat Branhan and Maggie Weinzettel Earn CDPE

Chattanooga, Tennessee (Grassroots Newswire) February 18, 2011 -- Pat Branham and Maggie Weinzettel of EXIT Upward Realty in Hixson, TN have 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 mortgage at the price that the home sells for, even though 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.

In the Greater Chattanooga, Tennessee area, there are thousands of homeowners facing the danger of foreclosure. It is happening in all price ranges. Experts say that even high-priced homes are not immune.

“This CDPE designation will be invaluable as these agents work with sellers and lenders on complicated short sales,” said Raymond Warren, Broker/Owner of EXIT Upward Realty. “It is so rewarding to be able to help sellers save their homes from foreclosure.”

Alex Charfen, founder of the Distressed Property Institute in Boca Raton, Fla., said that Realtors® such as Ms. Branham and Ms. Weinzettel with the CDPE designation have valuable training in short sales allowing them to offer the homeowner much better alternatives to foreclosure, which virtually destroys their 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 distress 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 EXIT Upward Realty, please call 423-847-8001. EXIT Upward Realty is located at 6726 Hixson Pike, Hixson, TN 37343.

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