Toni Cieri, broker/owner of RE/MAX Distinctive, has earned the prestigious Certified Distress Property Expert® (CDPE) Designation, having completed extensive training in foreclosure avoidance with a particular emphasis on short sales.
At a time when millions of homeowners are struggling with the possibility of foreclosure, the skills and education accumulated by Cieri will help San Diego area residents and communities. Short sales allow the distressed to repay the mortgage at the price the home sells for, even if it is lower than what is owed on the property.
More and more lenders are willing to consider short sales because they are much less costly than foreclosures. Today, more than 13 percent of homeowners are delinquent on their mortgage or in the foreclosure process. This is occurring across all price ranges; and the faster growing category of homes in foreclosure is the luxury home market.
“The CDPE designation has been in valuable as I work with homeowners and lenders on complicated short sales,” Cieri said. “It is so rewarding to be able to help families save their home from foreclosure.”
Less than 1 percent of agents in the country have the CDPE designation — along with valuable perspective on the market and training in short sales — that offers homeowners real alternatives to foreclosure that can be devastating to credit ratings.
Toni Cieri can be reached at 858 229-4911 or firstname.lastname@example.org