CDPE - Another Designation... ;o)

I'm on day two of a 16 hour grueling class here in Valencia. Realty Executives organized it so as many of our agents that wanted to, could be educated and given additional tools to handle the market better.

Certified Distressed Property Expert

It's not the getting of the designation, it's the getting of the knowledge. I feel, and it was greatly confirmed yesterday, that we are going to be in this market for 5 - 7 more years. Too many loans, and loan mods, coming due to think otherwise.

While I've been dealing with Short-Sales for a few years now, it's best to have as much knowledge as possible. What they went over yesterday was much of what I already knew, but a few extra documents (among the mountain already required) were very good.

Today we are going to get to the nitty-gritty. Sheesh! In, according to the instructor, 'nauseating' detail.

But, we need that. There are so many homeowners that don't really know what their options are. What is the difference between BK, Foreclosure and Short-Sale. What the ramifications are to all of them.

And, while I'm not allowed to give legal or tax advice, I can certainly open a door that a homeowner may not have known existed.

Unfortunately, what we learn at this course may not be the same as next year or the year after. But, my fellow classmates, and myself, will certainly be better equipped than many agents attempting short-sales out there now.

If you know of anyone that is struggling and doesn't know where to turn, feel free to have them call me .....before they get a notice from their bank......I just may be able to help them. And, help them better with the additional tools and knowledge gained by this two day designation earning class.

I'm earning this designation to help troubled homeowners.