Jennifer Wehner Earns Prestigious Designation To Help Homeowners In Danger Of Foreclosure

Dec. 29, 2009 - PRLog -- Jennifer Wehner of Prudential American Associates ( www.TheJenTeam.com ) just earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance and short sales. This is invaluable expertise to offer at a time when the area is ravaged by "distressed" homes in the foreclosure process.



Jennifer Wehner got her start in helping owners in foreclosure in 2007, when she had trouble selling a custom home for a couple going through a divorce. "The market was declining every month, and the offers I had were far below what the homeowner owed" Wehner said. Understanding the homeowners could no longer afford to make payments, she began working with the bank on accepting a lower amount than what was owed.



Short sales allow the cash-strapped seller to repay the mortgage at the price that the home sells for, even though 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.



In the Phoenix Metropolitan, more than one in ten homeowners is facing foreclosure. It is happening in all price ranges. Local experts say that even high-priced homes are not immune.



"I started doing short sales at a time when there was not much information out there, and have since attended many forums, seminars, and classes on the foreclosure process. The CDPE designation has been by far the best education and support system I have experienced as I work with sellers and lenders on complicated short sales," said Wehner. "It is so rewarding to be able to help sellers save their homes from foreclosure."



Alex Charfen, founder of the Distressed Property Institute in Boca Raton, Fla., said that Realtors® such as Jennifer Wehner with the CDPE designation have valuable training in short sales that can offer the homeowner much better alternatives to foreclosure, which virtually destroys the credit rating. These experts also may better understand market conditions and can help sellers through the emotional experience, he said.



The Distressed Property Institute opened in January 2008 and provides training on-site and online. The CDPE is the premier designation for Realtors helping homeowners in distress and handling short sales.



"Our goal is to educate as many people as possible so we can help as many homeowners as possible," Charfen said. Wehner has set up a website to help educate homeowners facing foreclosure on all of their options. Homeowners facing foreclosure can receive helpful foreclosure information, as well as receive a free report at:

http://www.AZForeclosureHelpToday.com

or call Jennifer directly at 480-748-6925

TO SEARCH HOMES FOR SALE IN THE PHOENIX/ SCOTTSDALE AREA PLEASE VISIT http://www.PrimeAZRealEstate.com