Recent estimates show that one in seven homeowners is currently facing foreclosure or are at least one payment past due on their mortgages. Additionally, unemployment and poor economic conditions have contributed to short sales tripling since 2008. These are chilling statistics, and they’re even more terrifying if your real estate agent isn’t fully equipped and certified. A Certified Distressed Property Expert (CDPE) is a phenomenal resource.
Unlike other real estate agents, CDPEs are extremely well informed and have gone through an extensive amount of training, which is invaluable. CDPE real estate agents are uniquely qualified to handle Arizona short sales and Arizona home foreclosures. Real estate agents that are CDPEs can help homeowners in Arizona’s precarious situations get the best possible outcome. They will:
Engage and assist homeowners facing Arizona foreclosures, providing them with guidance and details about every possible alternative to short sale or foreclosure.
Negotiate with lenders, which can potentially lead to lower monthly payments, a delay in foreclosure proceedings or avoiding foreclosure altogether.
Efficiently execute an Arizona short sale, making it as quick and painless as possible for homeowners.
Minimize negative impacts of short sales or foreclosures on the homeowner’s credit report.
The national average closing rate of short sales is 25 percent – for CDPE realtors, however, the closing rate is between 80 and 85 percent. Real estate agents with CDPE designation are much more knowledgeable about all things foreclosure and short sale in Arizona than standard realtors, and can be worth their weight in gold.
Why risk dealing with a foreclosure if you don’t have to? Maximize your chances of obtaining a successful short sale by always choosing CDPE designated real estate agents. If you’re serious about avoiding Arizona foreclosures, make sure that your realtor is a designated CDPE.
Founded in 1995, Sandra Wilken Luxury Properties was first recognized for representing major Luxury Homes Scottsdale, including Red Rock and Gainey Ranch. She is one of the top real estate agents in Scottsdale. In recent years S.W.L.P. has grown to service Arizona's most prestigious communities in the Scottsdale, Paradise Valley and Biltmore area of Phoenix.
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