CDPE - CERTIFIED DISTRESSED PROPERTY EXPERT
WHAT DOES THIS MEAN?
Across the globe,
the recession caught many people unawares and unprepared for financial
disaster. Indequete savings and overspending caught up with South
Africa as it did with the rest of the world and today, we all know
someone who has lost their home or is facing financial difficulty.
first step to avoid repossession and a judgment against your name is to
contact us - the sooner the better. As an agency that has members who have completed
Distressed Property training, we are equipped to provide you with the
best solutions possible if you are in arrears with your bank.
the end of Setember 2010, Credit Bureaus had records for 18.35 million
credit active consumers of which 53.7% were classified as in good
standing per the National Credit Regulators report. This is a slight
improvement from 2007 but there are still 8.49 Mil consumers with
impaired credit records. Currently there are more than 120 000 families in distressed situations in South Africa
homowners are doing their best to hold on but continued economic
pressure are leaving them desperate for alternatives. It is anticipated
that a fair size percentage of all sales over the next few years could be distressed
sales. It is light of this scenario that it has become important for
agents to equip themselves to deal professionally and compassionatley
WHAT IS THE COURSE?
original course and designation were developed by the Distressed
Property Institute LLC, who are widely recognised as leaders in their
field and have been offering the certification for three years in
Canada and the USA. Fortunately, although limited in availability, we
have had the opportunity for some of our agents to attend this course
and become certified.
Our agents are one of the very small number of agents in the country which have
now undergone this training and proudly carry the designation CDPE -
Just one more way we constantly stay ahead of the rest.
course focuses on the various options that the professionally trained
estate agent can offer homeowners that find themselves in a distressed situation.
WHAT IS A CDPE?
It means the
agent who carries the designation is exactly that - a Certified
Distressed Property Expert. Someone, more than capable of helping
analyse your situation and provide you with alternative options to
solve your financial crisis with respect to your home.
CDPE has a thorough understanding of the complex issues in todays
turbulent real estate industry and can provide the solutions the home
owner might be looking for. Homeowners regularly proceed wiuthout
guidance, through the often financially and emotionally devastating
prospect of losing their home. Speaking to a well informed,
real estate professional is the best course of action for a homeowner
Through comprehensive training and experience,
CDPE's have the tools to help homeowners find the best solutions for
their unique situations and to avoid their homes being repossesses by
the bond holders, as well as the long term bad credit record that goes
WHAT TO DO?
you find yourself in this situation or know of a family member or
friend that needs assistance, simply contact us. We will have a no
obligation, cost free consultation with you to advise you on the next
best steps to take.