Short Sale Resource for Consumers

With all the confusion surrounding short sales, here is a great resource sponsored by the California Association of Realtors:

http://www.shortsalescalifornia.org/

New Short Sale Website

The California Association of Realtors has launched a new short sale website for consumers and Realtors. This site has a fantastic amount of information to help clear up the confusion associated with short sales. Information such as the foreclosure process, timely new topics, tools, the HAFA program. The site is easy to use and not overwhelming.


For more info, visit: http://www.shortsalescalifornia.org/

Today Full Page Ad in Sac Bee on Short Sales

Today on page A11, the California Association of Realtors has published an advertisement on the difficulty of our housing marketing with regard to foreclosures and short sales. The ad states that nearly 30 percent of homeowners are underwater on their mortgage. That's a huge percentage which means this housing crisis isn't going anywhere in the near future. On top of that, those that try avoid foreclosure by doing a short sale, are only successful with three out of five short sales.

This "crazy market" seems to be our now normal market, and it's not for sissies!

It's Okay to Shop Your Mortgage Loan

According to the California Association of Realtors (C.A.R.), home buyers need not worry about impacting their credit score when shopping for the best rates and terms for a home loan. A buyer may have multiple credit checks from lenders within a consecutive 30-day window and not have it affect their score. With that in mind, shop away and get your best deal.

For more info, visit C.A.R.: http://www.car.org/