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For more information, please contact: Frank Duran at 303-208-6691 or visit: www.FrankDuranHomes.com

 Frank Duran EARNS PRESTIGIOUS DESIGNATION TO HELP HOMEOWNERS IN DANGER OF FORECLOSURE

Frank Duran of RE/MAX Alliance Westminster, Colorado (recently inducted into the prestigious RE/MAX Hall of Fame) has also 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.

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 Duran. “I thank God for allowing me the opportunity to help people. There have been so many times over the years that I was told the situation was impossible. Yet, I am a firm believer in pit bull persistence. I have been able to take the "so called" impossible situations and successfully save that sellers home from foreclosure. 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 Frank Duran 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.

For more information about Short Sales and how to avoid foreclosure -  Contact Frank Duran at 303-208-6691 or visit www.FrankDuranHomes.com You can also find Frank on facebook at www.facebook.com/frankduranshomes