Tuesday, October 16, 2007

Temecula and Murrieta CA Short Sale Homes Could Be Your Best Investment.

Short sales are now a huge part of the Southern California real estate marketplace. Many real estate brokers, let alone buyers, do not understand short sales and tend to avoid them. The first big challenge in pursuing a short sale is finding a broker willing to put the time necessary for the job. Most don't want to show these for many reasons. The big three are short sales are a lot more work, homebuyers get very impatient, and they can be stressful if done wrong. Let me explain these three challenges in order. First, short sales are significantly more work because instead of a two party transaction with just a homebuyer and homeseller, you have a four party transaction with the buyer, seller, and two banks. And in this situation the seller and two banks don't act th View the rest of this article


No comments: