New Signs of the Market Growth

A survey conducted by Campbell Communications, shows that short sales account for 12.5% of property sales in July 2009.

A short sale is when a property sells for less than the existing mortgage. This is often done so the homeowner can avoid foreclosure. These sales are more time-consuming and complicated. Thus agents need to be experienced and educated on how to assist homeowners in these situations. I would suggest  you need assistance in this process.

We will be seeing more and more short sales as the market continues to adjust as more consumers take advantage of the government’s Home Affordable Foreclosure Alternatives program. This program streamlines the short sale process, making it simpler for the seller, buyer and the mortgage holder.

I would be privileged to explain and then assist you in this process of either selling or purchasing a new home.

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1. What is a ‘short sale’
2. Buyers Market
3. What is a Short Sale Specialist?
4. Short Sale Q & A
5. Fannie Mae Tightens Requirements