Margaret Shea earns CDPE- Certified Distressed Property Expert Designation

Margaret Shea, Realtor with William Raveis Real Estate has earned the Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance and short sales. This is invaluable expertise to offers as Connecticut is experiencing an increase in "distressed" homes that are or will soon be in some stage of the foreclosure process.

A short sale allows a qualified, cashstrapped seller to repay the mortgage at a dollar amount lower than what is owed on the property. This proactive measure can save many homeowners from the devastating effects of foreclosure and even bankruptcy. More and more lenders are willing to consider short sales because they are much less costly than foreclosures.

Distressed proerties occur in all price ranges. Many time, an accumulation of minor issues can cause an otherwise financially stable family to spiral quickly into distress.

"This CDPE designation has been invaluable as I work with seller and lenders on complicated shor t sales," said Shea. "It's been rewarding to be able to help sellers save their homes from foreclosure."

For a confidential consultation at no charge about how a CDPE can help you or someone you know, contact

Margaret Shea, Realtor 203-525-5837 or sheam@raveisre.com