Pete Vakakes of RE/MAX of Gulf Shores 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.

In Baldwin County, more than 250 homes and condos are in danger of foreclosing. It is happening at all price ranges.  Local experts say that even high priced homes are not immune.

“The CDPE designation has been invaluable as I work with sellers and lenders on complicated short sales,” said Vakakes. “It is so rewarding to be able to help sellers save their home from foreclosure.” Feeling like there is no other option but foreclosure can be an overwhelming experience. Know that you are not alone. Thousands of homeowners in the United States are facing the same challenges as you every single day. Now more than ever before, there are solutions.

You need help guidance and someone who understands the difficult choices you are facing about your home, your family and your life. Quite often, a homeowner facing a foreclosure thinks they have to go through the process alone, forced into a daunting situation caused by unforeseen circumstances beyond their control. Facing damage to your credit and the possibility of not being able to purchase another home for 10 years can be a tough future to face, but by tapping into the expertise of a knowledgeable real estate agent, there are options available for you and you’ve come to the right place.

We provide you with information about how to avoid foreclosure, explain the effects it can have on you and your family, and offer other options that may be available to you. This includes a short sale, and we can help you determine if you qualify.

Pete Vakakes, CDPE©, Certified Distressed Property Expert©’s knowledge and experience allows him to analyze if your situation qualified you as a candidate for a short sale. Pete Vakakes, CDPE © will negotiate with your current lender(s) the sale of your property for its current market value, even if it is less than what you currently owe on your mortgage balance, in order to avoid the devastating consequences of a foreclosure.

In today’s real estate market, dealing with a short sale specialist like Pete Vakakes, CDPE© will show you how, in all cases, a short sale is the beneficial alternative to foreclosure.