Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

California Association of Realtors Releases New Short Sale Website for Consumers
A short sale is a sales transaction for which a seller’s mortgage lender voluntarily agrees to accept a loan payoff of less money than what is owed on the mortgage loan.  In a short sale, the property may or may not be in foreclosure.  However, homeowners may consider short sales as a viable option for avoiding foreclosure.
http://www.shortsalescalifornia.org/consumers/

... more

__________________________________________________
Are you on The Rain? Grow Your Network!