Ina Bahner of RE/MAX Preference on Mercer Island has earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance and short sales.
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 falling 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.
Even on Mercer Island, homes are in danger of foreclosing. It is happening in all price ranges. Local experts say that even high-priced homes are not immune.
“This CDPE designation has been invaluable as I work with sellers and lenders on complicated short sales,” said Bahner. “It is so rewarding to be able to help sellers save their homes from foreclosure.”
Ina Bahner can be reached at (206) 854-9911 or firstname.lastname@example.org.