A ‘Certified Distressed Property Expert‘ is a real estate professional who has taken specialized training in helping people avoid foreclosure, primarily through the Short Sale process.  A CDPE has a specific understanding of the complex issues confronting the real estate industry, and the foreclosure avoidance options available to homeowners.  Through comprehensive training and experience, CDPE’s are able to provide solutions to homeowners facing hardships in today’s market, specifically short sales.

The prospect of foreclosure can be financially and emotionally devastating, and often homeowners proceed without guidance of any kind.  We believe that the best course of action for a homeowner in distress is to speak with a well-informed, licensed real estate professional.

Most real estate agents have never had any specialized training in short sales.  A homeowner in distress should consult with a CDPE prior to making any decisions, especially prior to listing the house for sale.


A CDPE has the tools needed to help homeowners find the best solution for their situation.  Often, when other options have been exhausted, CDPE’s can help homeowners avoid foreclosure through the efficient execution of a short sale.


The prospect of a looming foreclosure and losing one’s home is a very daunting and stressful experience.  Distressed homeowners should seek out the counsel of individuals that are specifically trained to render assistance and provide direction.  First you should explore options for staying in your home, such as a Loan Modification or Forbearance.  If every available option to stay in your home has been exhausted, and you have no other choice but to sell your property, the first thing that should be done is a property valuation.  Your local CDPE can assist you with this.

Once a CDPE has completed a “CMA” (home valuation), you will either:

  1.  Have “equity,” meaning that you are able to sell your home and have enough to cover the outstanding mortgage(s), possible liens or other obligations, closing costs and sales commissions.
  2.  Be “underwater,” meaning you owe more than you can possibly sell your property for.  That would involve listing and selling the property as a “Short Sale.”  A Short Sale is when the bank(s) is approached with a sales contract for less than the amount owed plus closing costs and commissions.  This is a complicated process and should only be attempted with a highly trained real estate professional.



Learn More Button

Click here to learn more about short sales