Fort Wayne, IN – February 5, 2010 – Cindy Burkhart, Diane Caudill, Michelle Mang, Brad Noll, Neal Sherk, Brad Stinson, Lori Stinson and Kim Ward of North Eastern Group Realty in Fort Wayne have earned the prestigious Certified Distressed Property Expert® (CDPE) designation, having completed extensive training in foreclosure avoidance, with a particular emphasis on short sales. At a time when millions of homeowners are struggling with the possibility of foreclosure, the skills and education accumulated by Burkhart, Caudill, Mang, Noll, Sherk, Stinson, Stinson and Ward will help benefit Fort Wayne-area residents and communities.
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. 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.
Today, more than 13 percent of homeowners are delinquent on their mortgage or in the foreclosure process. This is occurring across all price ranges, and the fastest-growing category of homes in foreclosure is the luxury home market.
Alex Charfen, co-founder and CEO of the Distressed Property Institute in Austin, Texas, said that agents such as these North Eastern Group Realty agents 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.
“Our goal is to help as many homeowners as possible, by educating as many real estate professionals as possible,” Charfen said. “North Eastern Group Realty has demonstrated a commitment to the struggling homeowners, and will provide much-needed assistance in stabilizing the community.”
Contact any of these agents at www.northeasterngroup.com.
[caption id="attachment_213" align="aligncenter" width="199"] Leslie Remenschneider - Fort Wayne Realtor[/caption] On February 5, 2010 Leslie Remenscheider joined North Eastern Group Realty. In addition to being a Real Estate sales and marketing specialist, Leslie is a registered nurse and finds real satisfaction in being a client advocate, helping people to decide whether buying, selling or holding is...
Doug Noll received his Real Estate license in 1981. Doug was co-owner of a Real Estate Company in Berne, Indiana, and President of the Adams, Jay, Wells Co. Board of Realtors in 1985. In 1989, Doug left Real Estate to coach College Basketball, first at Malone College in Canton, Ohio, then at Grace College, Spring...