FOR IMMEDIATE RELEASE:  DATE: June 9, 2009 CYNDI HURST EARNS PRESTIGIOUS DESIGNATION TO HELP HOMEOWNERS IN DANGER OF FORECLOSURE Cyndi Hurst of Hurst Home Realty in Loomis, CA 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 so many areas are 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. In the Loomis area there are several homes still in danger of foreclosing. It is happening in all price ranges; even high-priced homes are not immune. From January 01, 2009 to July 25, 2009 there have been 79 homes sold in the Loomis area. Of those 79 homes sold 34 homes were Foreclosures (REO’s), 15 homes were Short Sales and only 29 homes were sold by ‘Traditional’ means, with 1 home sold as ‘court approval’. “This CDPE designation will be invaluable as I work with sellers and lenders on complicated short sales,” said Cyndi. “I look forward to helping sellers save their homes from foreclosure, if possible.” Alex Charfen, founder of the Distressed Property Institute in Boca Raton, Fla., said that Realtors® such as Cyndi with the 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. The CDPE is the premier designation for Realtors® helping homeowners in distress and handling short sales. “Our goal at Hurst Home Realty is to educate as many people as possible so we can help as many homeowners as possible,” Cyndi said.
We are currently working in the Loomis, Penryn and Newcastle areas. If you are in danger of losing your home, don't delay, give us a call today at 916-652-8048. |