Special offer

Short Sale vs. Foreclosure: New Documents Available for California Realtors®

By
Real Estate Broker/Owner with Broadpoint Properties Cal BRE #01324959

Since my office focuses and short sales and the distressed housing market, we frequently get calls from both Realtors® and homeowners who would like more information about short sales, foreclosures, alternatives to foreclosure and potential short sale and foreclosure scams.  

CAR (California Association of Realtors®) has now made it so much easier for California Realtors® to provide this information to homeowners. They have accomplished this by creating a ‘Foreclosure Prevention Library' which is free to all members.

The Foreclosure Prevention Library is an add-on library to ZipForm® 6 Professional or ZipForm® 6 Standard and consists of several customizable documents that explain how homeowners can avoid foreclosure and foreclosure scams. 

The library contains the following documents: 

  • Proposition 8 - Property Tax Relief
  • Tips for a Short Sale Seller
  • Tips for a Short Sale Buyer
  • Foreclosure or Short Sale?
  • Foreclosure Prevention Resources
  • Short Sale Process, Foreclosure Timeline
  • Homeowner Liability After Foreclosure
  • Avoiding Foreclosure Scams, Alternatives to Foreclosure

Each form in the library contains helpful information for homeowners who are facing the possibility of foreclosure. Realtors® can customize each document with their contact information and distribute the documents to clients and prospects who will benefit from this information.
 
In order to download the library, you will need to log into your ZipForm® 6 Professional account, and then click on the word shop. Select the Foreclosure Prevention Library from the list, and then checkout.  Remember that the Foreclosure Prevention Library is free and a great package to share with clients!

Comments(5)

Vic Steele
Vic Steele, Broker CA DRE 01349863 - Anaheim Hills, CA
Broker/Consultant

No one I know has positioned themself as an expert like you have Melissa!  Keep up the good work.

Jun 05, 2010 12:38 PM
Dan Benefield
Benefield Realty - Decatur, GA

What a great resource. Hopefully other associations across the country will follow CAR's lead on this.

Jun 06, 2010 04:15 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Terrific resource, Melissa - I wasn't even aware of this! THanks for passing along the information.

Jeff

Jun 07, 2010 04:28 PM
Russel Ray, San Diego Business & Marketing Consultant & Photographer
Russel Ray - San Diego State University, CA

Courtesy of a friend of mine, I just found out recently that bankruptcy is also a great alternative to foreclosure. Bankruptcies generally do away with all that dastardly credit card debt giving you more money to pay your mortgage and keep your home. Bankruptcies generally allow you to keep your home, a car, some furniture, clothes, etc., and once you get rid of all that dastardly debt, everyone wants to lend you money since you have no debt. It's a weird system.

Jun 07, 2010 11:00 PM
Bob Willis
Berkshire Hathaway HomeServices California Properties - Orange, CA
Orange County & L.A. County Real Estate Agent

Thank you for letting us know about it, Melissa.  I ordered the documents, and they appeared to upload to my ZipForm, but when I try to access them, the link doesn't work.  I'll check back on it later.

Jun 09, 2010 04:20 AM