Robert D’Ambrosia of Keller Williams Realty Monmouth / Ocean New Jersey has earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance with a particular emphasis on short sales. At a time when millions of homeowners are struggling with the possibility of foreclosure, the skills and education accumulated by Mr. D’Ambrosia will help benefit Monmouth and Ocean County residents and communities. This is invaluable expertise to offer at a time when the area is ravaged by “distressed” homes in the foreclosure process.

Alex Charfen, CEO of the Charfen Institute and author of the Certified Distressed Property Expert (CDPE)  said: “With 6.3 million properties in this country facing foreclosure, and more than 25 percent of homeowners owing more on their property than it’s worth, the need for real estate experts armed with knowledge of how to help avoid foreclosure is more critical than ever before”.

“They’re part of more than a designation,” said Charfen of the CDPE membership. “They’re part of a nationwide movement dedicated to helping us move forward as a nation. Over the past four years, CDPE-designated agents have had an unparalleled success rate and helped thousands of homeowners avoid foreclosure. We believe it’s because of the quality of our members and the quality of the education we provide them with— simply the best in the market today.”

A short sale is a complex transaction in which a distressed homeowner seeks to sell a home for less than the amount due on the mortgage. Though little understood a few years ago, short sales have proven to be a less costly alternative to foreclosure for the lender, while carrying far fewer long-term consequences for the borrower. And the numbers of approved short sales have nearly tripled over the past three years—from less than 100,000 in 2008 to a projected figure of nearly 300,000 in 2011—signaling a new era of short sale cooperation between lenders and distressed homeowners.

 “As the real estate market continues to improve, the agents who have joined the CDPE membership have made a significant and measureable impact on housing’s national recovery and in the lives of millions of homeowners nationwide,” Charfen concluded.

Robert D’Ambrosia with his CDPE designation now is part of this prestigious group of Real Estate Agents with extensive training in foreclosure avoidance and short sales.

To reach Mr. D’Ambrosia and for all your Monmouth and Ocean County Real Estate needs, please contact Team D’Ambrosia at 609-947-3311 or or visit