The Donnelly Group Achieves Certified Distressed Property Expert Designation

Posted on | October 28, 2009 | Written by: Diane Donnelly

The Donnelly Group, Inc. is pleased to announce that their top producing real estate agents Diane Donnelly and Andrea Loretangeli have achieved the exclusive real estate industry designation of Certified Distressed Property Expert (CDPE). Primarily focusing on the Annapolis real estate market, Donnelly Group Press Release this Keller Williams Crossroads real estate team is located in Anne Arundel County, Maryland.

In light of the severe market changes of the past two years, The Donnelly Group, Inc. saw this as not just an opportunity to help clients weather an unprecedented business cycle, but an obligation to educate and assist a large number of people with what is arguably the most stressful of life’s transitions – potentially losing a home.

“The sky is not falling, but we have a housing crisis on our hands which will not be resolved quickly, In fact, it is going to get worse” predicts Ms. Donnelly.

Alex Charfen, President of the Certified Distressed Property Institute, LLC explains that “7 out of 10 homeowners in foreclosure proceed without assistance of advice of Real Estate Professionals.” Diane continues, “When homeowners experience the emotional and financial stress involved with the possibility of losing their home, they tend to freeze, clam up and isolate themselves.” I want the Donnelly Group to be the beginning of the end of their fears.

A Certified Distressed Property Expert ®(CDPE) is a Real Estate Professional with comprehensive training and experience to provide solutions for homeowners facing foreclosure. The Donnelly Group invested in the training and is honored to hold the CDPE designation.

“One of the solutions to avoid foreclosure is to do a short sale,” Ms. Donnelly explains. “This occurs when the lender or bank accepts a lesser payoff on the mortgage than what is owed.” According to Ms. Donnelly, the Distressed Property Institute, LLC has a member base of more than 10,000 members. According to a recent member survey by the Institute, “Agents with the CDPE designation have been able to reduce the short sale processing time by 50 percent.”

Ms. Loretangeli adds, “Inside of the industry, the short sale process is not as the name implies. In fact, there is generally nothing “short” about it. Dealing with the bank, the selling agent, the seller’s and buyers is a very complex, time consuming and often times frustrating process.”

“Most sellers are in no way, shape, or form qualified to invest the time or energy necessary to complete this daunting task. This is why we decided to invest our time – we help people get a huge monkey off their back.”

“A monkey that causes stress that can only be understood if you personally go through it, or you have the honor of hearing their story and helping them across that bridge,” Ms. Donnelly continues.

The Donnelly Group has a combined 40 years of Real Estate Experience and are in a position to make a difference – one family at a time.

Diane Donnelly, Donnelly Group, Inc. www.DonnellyGroupRealEstate.com

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