Warwick, RI (PRWEB) May 08, 2012
The LepLap Institute, a sister company of Lepizzera & Laprocina Title & Escrow which is a nationally renowned short sale negotiation firm, has announced the formation of the Certified Distressed Property Lender designation. Since 2007, along with closing over 2500 short sales, Lepizzera and Laprocina (LepLap) has educated thousands of Real Estate Agents across the country regarding the proper short sale process as it pertains to their client needs.
At the request of their family of Real Estate Agent clients who have gone through their Short Sale educational programs, they have formed The LepLap Institute. The LepLap Institute was founded in order to educate Mortgage Professionals regarding the Short Sale process and the distressed property market. Real Estate Agents have made it clear that they would prefer to work with Mortgage Originators who understand the anatomy of the short sale process and can add substantial value throughout the entire short sale transaction.
“We are trying to help educate Real Estate professionals, both Agents and Mortgage Originators, on the proper short sale process. It is our hope by doing so, we can help an abundance of distressed property owners and make a substantial difference in our communities,” said Chris Reale Co-Founder of The LepLap Institute, “one thing that has permeated the distressed property industry, specifically short sale transactions, is the need for Mortgage Originators that understand the short sale transaction from not only the origination perspective but, understand the complete anatomy of the short sale process. We think the CDPL Curriculum accomplishes this.”
The CDPL program is a training, examination, certification and ongoing membership program for mortgage professionals that would like to enter the world of distressed property financing with a focus on financing short sale transactions. CDPL Members have gone through the following intense educational curriculum, which is comprised of 5 different educational topics:
1. Real Estate and Distressed Market Commentary and Statistics
2. Understanding the Anatomy of the Short Sale from the Realtor and Buyers perspective
3. The Proper Short Sale Submission Procedures
4. The Mortgage Originators Role in the Short Sale Process
5. Mortgage Originator Team Building and Distressed Property Marketing Concepts
About Lepizzera and Laprocina
Lepizzera and Laprocina is a multidimensional organization comprised of three different corporations, Lepizzera and Laprocina Counselors at Law, Lepizzera and Laprocina Title and Escrow and The LepLap Institute. The LepLap Institute is a Real Estate Educational organization dedicated to providing Real Estate and Mortgage Professionals with relevant and timely educational information. The LepLap Institute is also the issuer of the Certified Distressed Property Lender designation.