It is all about the Short Ones!

Foreclosure is passe.  Nobody does those anymore – they are for previous generations.    We are in a position to make this a reality.

Short sales have become the largest category of distressed property transactions, accounting for well over a third of these transactions, according to the latest Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions.

I can’t stress it enough  – call a rwaltor and do a short sale  – compared to foreclosure, there is NO downside.

Short sales have become a preferred means of resolving mortgages in default, both for large lenders and for the government agencies supporting lenders’ efforts. Short sales typically result in lower lender losses and houses left in more saleable condition.

Moreover, borrowers that agree to a short sale can often buy another house with mortgage financing after only two years. For borrowers going though the foreclosure process, mortgage financing can be unavailable for a period of five to seven years.

Want to discuss it?? Call me today – from anywhere – I’ll find you an agent and probably someone to buy your house and if you are in San diego, Your in luck, my team of experts will make it happen for you.