Sheri Smith Earns Real Estate Short Sale Designation to Help Homeowners in Danger of Foreclosure
Summary
Haddonfield, NJ, March 13, 2011 --( 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.“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 Sheri Smith 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.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.“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 Sheri Smith 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.