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Short Sales will be around for a while... get used to them!

Today’s short sale buyer may be at an advantage purchasing a short sale property compared to a
foreclosure because if the borrower stills owns the home, he or she is likely to take better care of it. Patience is now required until the approval process is updated and efficiency improves from banks, lenders and investors; who approve the net acceptance price for opening and closing short sale escrows. We have closed new listings in less than 90 days with efficient servicers. Other properties can take over a year with changes in condition, occupancy and legal status.
We love helping our sellers, and buyers with shortsales. Our short sale department is tenacious and efficient. And so is our probate, relocation and foreclsure department.

David Hoshaw
Broker, CRS, GRI, e-PRO
Weichert, Realtors - Hoshaw & Associates
28009 Smyth Drive Santa Clarita, CA 91355

661-287-4466 ext. 226

david@scvRealty.com

www.scvRealty.com



For another take see this article....
Short Sales Spread across Real Estate Market, Leaving Frustration in Their Wake

By Mary Ellen Podmolik


Read more: http://rismedia.com/2009-09-26/short-sales-spread-across-real-estate-market-leaving-frustration-in-their-wake/#ixzz0SSLebBKV
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