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Prudential California Realty Sales Professionals Earn CDPE Designation

For Immediate Release: January 5, 2010
Contact: PressRelease@prucalifornia.com

(FAIRFIELD, Ca) Prudential California Realty is proud to congratulate its many sales professionals who have earned the prestigious Certified Distressed Property Expert (CDPE) designation.

Local recipients of the CDPE designation include: from the Fairfield/Green Valley office: Phyllis Ballew, Resty Castro, Ron Corda, Judy Goldsmith, Myles Knapp, Trini Moises, Zoe Morillo, Merry Serrano, and Team Leader Jim Worthen; from the Vacaville office: Barrett Adams, Edie Alvear, Jalynn Butzin, Peter Devoluy, Team Leader Steve Holderfield, Charlie Ricketts, Pam Vanderschoot, and Riginal Wauls; from the Vallejo office: Yolanda Bradshaw, Bert Gabriel, Beverly Glover, and Donna Spangler.

These sales professionals 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. Craig C. Lewis, President/CEO of Prudential California Realty, made the announcement.

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.

“For a designation that is achieved by such a small percentage of real estate agents around the world, we are excited that so many of our sales professionals have completed the certification,” said Lewis.” “Helping sellers save their homes from foreclosure is a desirable outcome and we are proud to acknowledge these sales professionals on their achievement.”

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.

For more information or to speak with a Prudential California Realty CDPE professional, please visit www.PruCalifornia.com or call toll-free (800) 372-2121.

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Founded in 1965 as Stone Real Estate and transitioning to the Prudential name in 1989, Prudential California Realty (PCR) provides comprehensive real estate service when buying, selling and owning a property. The PCR family of companies includes Prudential Relocation (an independent organization that is part of Prudential Real Estate and Relocation Services), Guarantee Pacific Mortgage, LLC (an affiliate of Wells Fargo Home Mortgage, Inc.), Wolverine Property Management, Sylvan Transaction Services and Prudential Commercial Real Estate (an independently owned and operated member of Prudential Commercial Services). Prudential California Realty is an independently owned and operated member of the Prudential Real Estate Affiliates, Inc. To learn more, visit http://www.PruCalifornia.com/.