
The Distressed Property Institute The Distressed Property Institute was founded with the following Mission Statement: · To provide education to licensed real estate agents that will allow them to efficiently and effectively help homeowners in distress avoid foreclosure and sell their properties. · To connect homeowners in distress with Certified Distressed Property Experts designees who can assist them with their transactions. · To conduct ongoing research and provide education regarding the changes in the subprime, foreclosure, short sale and probate markets. Historically a percentage of the real estate market has been in distress however with the recent challenges in the subprime lending market this percentage has grown exponentially. This rapid growth in what once was a niche market requires agents to posses specialized knowledge and processes that will allow them to successfully assist homeowners in need. About The Designation The founders of the Distressed Property Institute believe that in almost all cases the best person for a homeowner in distress to speak with is a well informed Licensed Realtor® that has the tools needed to help that homeowner find the best solution for their situation. Foreclosure is a devastating financial and emotional process for a homeowner to go through, and in many cases they do so alone and without help of any kind. It is the goal of the Distressed Property Institute to give agents the tools and information they need to avoid foreclosure and move forward with their lives. The Certified Distressed Property Expert Designation is the course that provides agent with everything they need to assist these homeowners. The course is delivered in easy to understand modules that will give the future CDPE agent everything they need to understand and assist with the needs of distressed homeowners. Pre-Foreclosure Homeowners who are in the pre-foreclosure process need to speak with an educated agent as quickly as possible. For many homeowners foreclosure is not the only option however most do not get the opportunity to explore solutions. By dealing with as agent who has earned the Certified Distressed Property Expert Designation (CDPE) designation, homeowners ensure that they are working with a real estate professional that is equipped to handle their specific needs. Foreclosure “Of all the things I have been through in my life, having my home in foreclosure was for some reason one of the most frightening. Having my agent provide a light at the end of he tunnel and get us out of foreclosure was an amazing blessing” Former Distressed Homeowner Foreclosure is quite possibly the most devastating financial and emotional process a homeowner or family can go through. The reality is that many foreclosures should never happen and homeowners have options only they don’t know where to turn. The Distressed Property Institute trains agents to understand the foreclosure process that all together too many agents do not understand. CDPE agents have an arsenal of foreclosure solutions available to make certain they are doing everything they can to help a distressed homeowner out of their situation. |