Donna Johnston Earns the Prestigious Designation to Help Homeowners in Danger of Foreclosure
Summary
“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 Donna Johnston 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.### Charlotte, NC, April 14, 2009 --( PR.com )-- 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.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 Donna Johnston.“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 Donna Johnston 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.