Below are several benefits to a

short sale:

1. Your home is sold for less than it is worth avoiding an embarrassing, credit ruining foreclosure.

2. Most people will be able to buy another home within 24 months and start building equity again.

3. You are selling a property that may take many more years to appreciate to your loan amounts.

4. In most cases the seller gets a complete release of all liens and notes with no financial contribution to the sale.

5. The seller pays $0 in real estate commissions because the lender pays the real estate commissions when the home is sold.

The most important people to benefit from the short sale is the owner of your loan. The owner of the loan will have a smaller loss by allowing a short sale at TODAY’s market value. If prices are decreasing in your area, a foreclosure will take longer, be more expensive and may result in a lower purchase price because of the depreciating market.

A short sale definition is:

Your lender is allowing you to sell your home for less than what you owe on your loans which allows you to avoid a foreclosure.

By analyzing sales statistics it is easy to see that the properties being sold in short sale OFTEN get more per square foot that the comparable REO. Many factors are at play here but you must consider the time value of selling the property quickly in a short sale. If the market values are decreasing it only makes sense that a short sale should be the best choice for all parties.

Owe more on your property than it is worth and want to sell it? I can help you short sale your property and negotiate a full release of the liens and notes. Send me an e-mail at Clay@CityFiedRealty.com. I will contact you for a free consultation.

During the consultation I will explain how short sales work in detail. Call me at (619) 663-9268.

Discover how other sellers successfully completed a short sale and request a free consultation by http://www.SanDiegoShortSale.us

Looking forward to hearing from you, Clay Gosnay.

Phone: (619) 663-9268 Clay@CityFiedRealty.com

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