A real estate agent who has their CDPE is a Certified Distressed Property Expert. This means they’ve completed specialized training to help homeowners in financial distress avoid foreclosure, usually by guiding them through options like:
• Short sales
• Loan modifications
• Forbearance plans
• Deed-in-lieu of foreclosure
This certification is especially valuable when working with sellers who owe more on their mortgage than their home is worth or are facing hardship (like divorce, job loss, or medical issues). CDPE agents are trained to communicate with lenders, handle sensitive situations, and find win-win solutions for sellers, buyers, and banks.