CDPE’s Dramatically Improve Short Sales Statistics

In addition to having over 20 years of residential real estate sales experience behind her, Lori Bender is a Certified Distressed Property Expert (CDPE).

In a recent survey, it was shown that Certified Distressed Property Experts across the nation are providing extraordinary results that are giving homeowners hope with respect to the sale of their home when they’re forced to complete a short sale.

For starters, CDPE’s close on 80% of attempted short sales compared with just 20% for real estate agents without the CDPE designation. Not only are they closing a much greater percentage of attempted short sales, but CDPE’s are closing the sales much quicker as well.

The average time it takes a CDPE to close a short sale (measured from the time the offer is accepted by the seller to the time it actually closes) is just 27 days! This contrasts sharply with the 53 day average time in the marketplace; nearly double the time of a CDPE.

CDPE’s have gone through extensive training that enables them to educate the seller on the short sale process, as well as the pros and cons of attempting a short sale. The CDPE must properly market the property to the public and to agents to get an offer. Once the offer is received and accepted by the seller, the CDPE must then prepare a comprehensive package that will accompany the offer before it is presented to the lender for negotiation and hopeful acceptance.

Short sale packages that are presented to lenders by CDPE’s range from 70 to 100 pages in length and include all the required documents up front. It is imperative the package is properly completed up front. If it is not, it will be set aside and may never close at all. This is one of the main reasons CDPE’s have such an impressive closing ratio and closing time frame; they know how to construct the short sale packages per the particular lender’s requirements.

There are less than 24,000 CDPE’s in the nation among the 1.1 million Realtors. Lori Bender has gone the extra mile to bring this level of expertise to her customers.

If you happen to be upside down on your mortgage, lack the funds needed to complete the sale of your house and have experienced some form of financial hardship, you may be a candidate for a short sale. To learn more about short sales, call Lori Bender, CDPE at Independent Brokers Realty (239) 234-0387.

Please, don’t wait any longer. Take charge of your situation and get back in the driver’s seat. The earlier you act, the better negotiating position we have with your bank. There are no miracles going to happen to save you from the current path you are on unless you make the call for help today.
Give yourself a second chance.
Call Lori Bender today at (239) 234-0387.