(INDIANAPOLIS, IN – December 4, 2009) – John Stone of Stone Realty, LLC has attained the Certified Distressed Property Expert (CDPE) designation. The certification will help area homeowners avoid foreclosure, and utilize “short sales” in the foreclosure process.
Short sales allow a distressed homeowner to repay their mortgage at the price that the home sells for, even if it is lower than what is owed on the property. With declining 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,” explained Stone.
“This CDPE designation has been an invaluable resource in working with sellers and lenders on complicated short sales,” said Stone. “It is rewarding to help sellers save their homes from foreclosure, and help their families escape a financial crisis.”
The CDPE designation is offered through the Distressed Property Institute, which opened in January 2008. The certification is the premier designation for Realtors helping homeowners in distress and handling short sales. “Our goal is to educate as many people as possible so we can help as many homeowners as possible,” added Alex Charfen, founder of the Institute.
About Stone Realty: Stone Realty is a Central Indiana real estate firm. Located in Greenwood, Stone specializes in foreclosure and short sales. As a Certified Distressed Property Expert, Stone Realty helps homeowners understand their options to avoid foreclosure and financial despair. Learn more at www.StoneRealtyLLC.com.
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Media Contact:
John Stone
Stone Realty
John@StoneRealtyLLC.com



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