Certified Distressed Property Expert (CDPE) designation from Charfen Institute arms local real estate agent with tools, processes and education to help distressed homeowners in Nevada & Yuba Counties


Teresa Dietrich, real estate agent and CDPE, of Nevada County Realty & Community Realty Services announced today that they are now among an elite group of over 40,000 national CDPE trained professionals helping local local homeowners avoid foreclosure via short sales.


In a short sale transaction, the lien holder accepts the selling price of the home, even if that amount is less than (“short” of) the borrower’s mortgage balance. This option is less harmful to a homeowner’s credit score, does not challenge employment or security clearance, and allows the seller to be eligible for Fannie Mae or Freddie Mac backed loans sooner than a foreclosure.


The CDPE designation, offered by the Charfen Institute, is the fastest-growing independent designation in real estate industry history. Dietrich has been a CDPE since September and a HAFA & SFR certified Realtor for several years.


“On average, our CDPE trained real estate agents go on to help more than 7.5 families avoid foreclosure in the 12 months following the completion of their CDPE Designation,” said Alex Charfen, CEO of the Charfen Institute and author of the CDPE course.


“Helping home owners avoid foreclosure is the first step in stabilizing our real estate Market.” states Dietrich, who has a 100% pull through rate on short sales.


The growth of the CDPE Designation has been assisted by endorsement or support of major real estate market influencers RE/MAX, LLC, Century 21 Real Estate LLC, Keller Williams Realty Inc, Realogy Franchise Group, RealtyTrac, Wells Fargo, Bank of America, Chase, Fannie Mae, and the Federal Housing Finance Agency (FHFA).



About Teresa Dietrich : Teresa has been providing ethical real estate services in the foothills for over 16 years and is very knowledgeable about both real estate and the community. Helping home owners avoid foreclosure is a natural for this Realtor who also participates in community service projects and enjoys advocating for those in need.



About Charfen Institute 
The Charfen Institute educates and trains real estate professionals and small business owners to find opportunities in chaos – either by providing solutions to the foreclosure crisis or empowering entrepreneurs with strategies to embrace their companies’ full potential. The company produces more than 300 educational events each year through various divisions, including: the Certified Distressed Property Expert® (CDPE) Designation (http://www.cdpe.com), the Certified Investor Agent Specialist® (CIAS) Designation (http://www.cias.com), LEAD Experience™, and its annual Breakthrough Conference (http://charfenbreakthrough.com). The CDPE Designation is the fastest growing independent designation in real estate industry history, with more than 38,000 agents trained since 2008. In 2011, the Charfen Institute ranked No. 21 on the Inc. 500 List of America’s Fastest-Growing Private Companies.