Redding CA ~ Short Sale ~ Helping Clients with Short Sales Without Giving Legal or Financial Help--It has become every more critical to not advise our clients on whether they should do a short sale or at least in the state of California.
I take great care to tell my clients that they must research and educate themselves on whether they can and should do a short sale. The only consistent element of this current market and dealing with the banks is that everything changes and there is never one consistent trend going on.
I take great care to let my clients know that they must speak with a Real Estate Attorney and a Financial Advisor to determine if in their case the short sale option is best for them.
Redding CA ~ Short Sale ~ Helping Clients with Short Sales Without Giving Legal or Financial Help--While I have the skills and experience to do the short sale, I am not equipped to advise them on a financial or legal basis what will be the best option for them going forward. I clearly state that I will not do a short sale until they look me in the face and say that they have determined the short sale is the best option for them.
California has long been "thought" to be a pervasively "non-judicial" foreclosure state. We are now hearing that some banks are choosing to do a "judicial" foreclosure. A "non-judicial" foreclosure means that the house is sold at the courthouse steps (less costly) and that the only liability for the house is the house itself. A "judicial" foreclosure is achieved through the court system and results in a judgment against the homeowner for any number of things including court costs and loan balance.
Redding CA ~ Short Sale ~ Helping Clients with Short Sales Without Giving Legal or Financial Help--It appears that some banks are not trying harder to help the homeowner but doing the reverse to "hammer" the homeowner. It is so critically important when advising our clients that we provide the trending market conditions and the latest news in our local and state markets. The other side of the coin is that some homeowners are getting loan modifications. I tell my clients educated yourself about your options and make the best decision you can to protect yourself.
I am Jeanean Gendron, your Redding and Shasta County Specialist. You can reach me at 530 276-7417. I answer my phone.
Here are the city of Redding and Shasta County demographics and links to the many things available to the people who live The Shasta Lifestyle here in Redding and Shasta County. Enjoy!
Shasta County, Land area is 3,785.2 square miles, Density 47.4 people per square mile, versus California Density at 217.2 people per square mile. Population (2006 estimate): 179,951. House Hold Income: Median $37,696, Persons below poverty is 13.4% and Home ownership rate is 66.1%. Education: High School graduates: 83.3% of adults 25 and up. Bachelor's degree is 16.6% of adults 25+
Redding, population is 90,033 (in 2000), incorporated in 1887. Average temperature in January is 55 and average July temperature is 98. Information Links for Recreation and County and City Resources:
Shasta County: A Guide to Shasta County ~ Shasta County Parks, Trails and Open Space Plan Shasta County Guide to Recreation ~ California State Parks - Shasta Cascade ~ City of Redding Information Center ~ Turtle Bay Museum ~ Redding Convention Center ~ Cascade Theatre Schreder Planetarium ~ Turtle Bay Exploration Park ~ Shasta State Historica Park ~ Sacramento River Trail/Caldwell Park ~ Sacramento River Trail Map Redding Community Services ~ Shasta County Library ~ Shasta Historical Society
Visit my main real estate website that provides you with the ability to Search the MLS and to set up an account so that you can save searches and select favorite properties. I also have many saved searches for you to take advantage of. There are saved City Searches and Community Searches. We also save Foreclosure Listings and Short Sale Listings.
Visit and learn more about The Shasta Lifestyle and the experience of living here in Shasta County.
Here are my blog sites:
Northern California Properties
New Homes Shasta County
Redding Elegant Homes
The Redding Golf Lifestyle
Owning Your First Home
Short Sale Help for Sellers
Jeanean Gendron ~ I love Redding and Shasta County, California
530 276-7417
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