As a Certified Distressed Property Expert, Yuri Blanco earns the qualifications to help Idaho homeowners who are behind on their mortgage payments to avoid foreclosure by selling their Idaho home as a short sale.
Online PR News – 22-December-2009 – – Nampa, ID - Yuri Blanco of RE/MAX Advantage real estate brokerage in Nampa, Idaho has earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training to help homeowners avoid Idaho foreclosures and short sales. This is invaluable expertise to offer at a time when numerous Idaho distressed properties are entering the foreclosure process.
A short sale allows a cash-strapped seller to satisfy the loan at the price that the home sells for, even though it is lower than what is owed on the property. For owners who owe more than their home is worth, this can potentially save them from foreclosure and even bankruptcy. More and more lenders are willing to accept a short sale offer because they are much less costly than foreclosures.
There are thousands of Idaho homes in danger of foreclosure in all price ranges. Blanco says that even Eagle luxury homes are not immune. In fact, the foreclosure rates are even higher in many high-priced neighborhoods.
“The CDPE training has been invaluable as I work with sellers and lenders on complicated Idaho short sales,” said Blanco, a Nampa REALTOR®. She works with homeowners throughout the Treasure Valley, including Boise, Eagle, Meridian, and Caldwell, areas hit hard by foreclosures.
"It is so rewarding to be able to help sellers avoid the emotional pain and frustration of going through a foreclosure when they don't have to."
Alex Charfen, founder of the Distressed Property Institute in Boca Raton, Fla., said that Idaho real estate agents such as Blanco with the CDPE designation have valuable training in short sales that can offer the homeowner much better alternatives to going through foreclosures in Idaho, which can virtually destroy a homeowner's credit rating. These experts also better understand market conditions and can help sellers through the emotional experience, he said.
Blanco says that the CDPE is the premier designation for REALTORS® helping homeowners in distress. "A lot of agents shy away from short sales because they don't want to get involved. I actually enjoy helping families understand short sales and make it through the short sale process."
She says it is a passion for her because she knows it's doing something tangible to help them get out of a difficult financial position.
"Frankly, a lot of people are in this situation right now. I take pride in helping them get through the short sale process with their dignity intact and a better credit rating than if they let their home go back to the bank."
According to Blanco, the worst mistake people can make is not taking action soon enough.
Her message to homeowners who are behind on a payment or two? "Call me as early as possible when you start to get behind. I can explain the short sale process and guide you through the steps you need to take before things go too far."
Yuri Blanco can be reached at (208) 899-3352 or by email at:
For more information, or to search for Boise foreclosures and Boise short sales, see: