Are Short Sales A Better Option Than Foreclosures? ~ Cypress, Ca

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Real Estate Agent with Meridian Capital Real Estate DRE# 01835293

Are Short Sales A Better Option Than Foreclosures? ~ Cypress, Ca

As a homeowner, you may wonder if a short sale is the better option than going into foreclosure and the answer is absolutely yes. Please don't be mistaken. If you as the homeowner is in a situation where you can reinstate your mortgage or do a refinance, then by all means please do, but if that's not an option, a short sale can make your life easier.

To be frank, any option is better than to foreclose on your home. Using a short sale to escape foreclosure can save you the unwanted stress, time, and energy. Nowadays, lenders are being more lenient on approving a short sale to help a homeowner prevent going into foreclosure.

 

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David Lee
DRE: #01835293

Phone: 714-869-5634
Email: Davidlee05@gmail.com
Website: www.livecypress.com

Serving the following cities: Cypress, Anaheim, Lakewood, La Palma, Cerritos, Buena park, Garden Grove, Stanton, Fullerton, and other surrounding cities.

I always have time to answer any questions you may have! Please send an email or text/call me for all your real estate needs!

 

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Rainmaker
114,494
Ann Sabbagh
Seacoast Mortgage Corporation, RI (20021119LB & 20031576LL), MA (MC2107) & CT - Pawtucket, RI
President, Sr. Loan Officer

David, Short sales are better for a consumer's credit as well.  Foreclosures are a major hit to credit.  Consumers need to do their homework before making any decisions regarding finances.  Thank you for the post.

September 30, 2010 07:18 PM #1
Rainmaker
423,195
Jim Patton
Century 21 M&M - 209-633-2839 - Turlock, CA
Realtor - Stanislaus & Merced county Realtor.

Good information David.  I see that you are a CDPE too.  Have you gone back and taken the classes a second time and if you did was it worth while?  Thanks,

 

September 30, 2010 07:30 PM #2
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Rainmaker
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David Lee ~ Orange County, Ca ~ Cash Flow Specialist

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