John Foster Earns Prestigious Designation To Help Homeowners In Danger Of Foreclosure

Nov. 19, 2010 - PRLog -- John Foster, REALTOR®,  with ReMax Greater Atlanta has 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 has lots of “distressed” homes in the foreclosure process.

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 decreased 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.

The Alpharetta, Johns Creek, Suwanee and Cumming  areas, have a growing number of homes are in danger of foreclosing. It happens in all price ranges - even high-priced homes are not immune.

“This CDPE designation has been invaluable as I work with sellers and lenders on complicated short sales,” said Foster. “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 John Foster 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 CDPE is the premier designation for Realtors helping homeowners in distress and handling short sales and Foster is glad he put in the time and effort to obtain that designation.  Shortly, John Foster will roll out a website specifically related to helping homeowners facing foreclosure.  

For more information about CDPE designation or to find a certified distressed Realtor in your area, please call John Foster 770 722-7010 or visit his website at www.FosterHomeInfo.com.

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John Foster, with Re/max Greater Atlanta helps Atlanta home owners avoid foreclosures. I help buyers purchase homes and sellers sell homes. In todays market there are many homeowners facing foreclosure because their home is worth less than they owe on it. Many of these homeowners do not know what options area available to them - that is why having an agent with the CDPE training is helpful. Call John Today at 770 722-7010