If you or someone you know needs help in understanding your current mortgage situation, I can help. I can explain the options and resources available to keep you in your home as well as help you if you should decide to short-sale. Meet with me and see exactly where you stand. This is a free service. Don't wait until your home is in foreclosure.

 Information provided by:2009 Survey of California Home Buyers

 With deeply discounted distressed sales flooding the market, prices have dropped significantly since early 2008. The accumulation of foreclosures, REOs, and short sales will continue to put downward pressure on home prices, until mortgage problems begin to subside in the second half of 2009. Despite their negative impact on home owners' equity, the decline in home prices, combined with historically low mortgage rates, have dramatically improved housing affordability and have created opportunities for home buyers.

 • Distressed sales made up more than half of sales in California. According to results from the survey, 49 percent of all buyers bought a home through a regular market sale, 38 percent bought an REO/bank-owned property, and 13 percent bought a short-sale property.

 Please pass this information along to someone who may need my help. Everyone should know their options. Lisa Long, Platinum Team Properties (805) 610-4314