Brazen Sotheby's International Realty Earns Designation

Tuesday, 17 February 2009

Eastside Business News

Suzanne Singleton, Cindy Paur and Joseph Brazen have earned the prestigious Certified Distressed Property Expert (CDPE) designation, they are three of only 32 in Washington State who have completed this 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.

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,” says Broker, Joseph Brazen.

In the Seattle and Greater Eastside area, the number of homes in danger of foreclosure is rising daily. “It is happening in all price ranges and all neighborhoods,” says Realtor Suzanne Singleton. “This CDPE designation has been invaluable as we work with sellers and lenders on complicated short sales. “It is so rewarding to be able to help sellers save their homes from foreclosure.”

Alex Charfen, founder of the Distressed Property Institute said that Realtors such as Brazen Sotheby’s International Realty with this CDPE designation have valuable training in short sales that can offer the homeowner much better alternatives to foreclosure, which virtually destroys their credit rating. These experts also may better understand market conditions and can help sellers through the emotional experience.” he said.

For more information about our CDPE designation or to talk to a certified distressed Realtor, please call Brazen Sotheby’s International Realty at 425-454-4141 or visit BrazenSothebysRealty.com.