Andrew Holm attains Ceritified Depressed Property Expert Designations

FOR RELEASE: IMMEDIATE
Andrew Holm of Prudential Arizona Properties – Scottsdale AZ has earned the
prestigious Certified Distressed Property Expert (CDPE) designation, having
completed extensive training in foreclosure avoidance and short sales. This is
invaluable expertise to offer at a time when the area is ravaged by
“distressed” homes in the foreclosure process.

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 plummeting 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.
In the Phoenix area, more than 10,000 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 Holm. “It is so rewarding to be able to help
sellers save their homes from foreclosure.”

Alex Charfen, founder of the Distressed Property Institute in Boca
Raton, Fla., said that Realtors® such as Andrew Holm with the CDPE designation
have valuable training in short sales that can offer the homeowner much better
alternatives to foreclosure, which virtually destroys the credit rating. These experts also may
better understand market conditions and can help sellers through the emotional
experience, he said.

The Distressed Property Institute opened in January 2008 and
provides training on-site and online. The CDPE 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,” Charfen said.

In the Phoenix area, more than 20,000 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 Holm. “It is so rewarding to be
able to help sellers save their homes from foreclosure.”

Alex Charfen, founder of the Distressed Property Institute in Boca
Raton, Fla., said that Realtors® such as Andrew Holm with the CDPE designation have
valuable training in short sales that can offer the homeowner much better
alternatives to foreclosure, which virtually destroys the credit rating. These experts also may
better understand market conditions and can help sellers through the emotional
experience, he said.

The Distressed Property Institute opened in January 2008 and
provides training on-site and online. The CDPE 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,” Charfen said.