Rocklin Short Sale Info and Facts – Rocklin Short Sale Agent, Mark Peek, has some interesting news on foreclosures. According to the Wall Street Journal [1], the average homeowner with a home in foreclosure hasn't made a payment in 492 days. What's even more shocking is that those homes are still in the foreclosure process. 
That means that a homeowner may live rent free for even longer than 492 days. How long could they potentially live rent free?
In some states like Florida and New York, we estimate that they can live rent free for two years. I have even seen cases where homeowners were able to live rent free for three years!
If you are facing foreclosure, then I am sure that is good news. But, I'm sure you are wondering why it is so long. Let me explain.
The entire foreclosure system is backed up. This is turning into a spiraling problem. Two years ago many homeowners looked down on foreclosures and short sales.
Today those same homeowners are witnessing other people do it with little or no consequences. Homeowners no longer fear short sales and foreclosures. Since the banks are unwilling to reduce principal mortgage balances, Short Sales are going to be a large part of Real Estate for the next 3-5 years. Looking for a Rocklin Short Sale Agent?
I can help you short sale your property and never pay the bank another penny. Send me an e-mail at mdpeek@gmail.com. I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (916) 580-6084
Thanks for reading this, Mark Peek.
Mark Peek is a Real Estate Agent at Keller Williams Realty. Rocklin Short Sale Info and Facts:
Phone: (916) 580-6084. mdpeek@gmail.com.
"Know Your Options"
View My homes for sale at www.CallPeek.com.
Mark Peek specializes in short sales in Rocklin CA and surrounding areas including Roseville, Lincoln, Folsom, El Dorado Hills, Citrus Heights, Granite Bay, Sacramento, and more. Rocklin Short Sale Specialist, Rocklin Short Sales. Rocklin Short Sale Realtor. Rocklin CA Short Sales. Rocklin Real Estate. Rocklin Short Sale Info and Facts
Copyright 2010 SFI Marketing Institute, LLC. All Rights Reserved. This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing. The views expressed here are Mark Peek's personal views and do not reflect the views of Keller Williams Realty.
This information on Rocklin Short Sale Info and Facts - Average Homeowner in Foreclosure is 492 Days Delinquent is provided as a courtesy to our viewers to help them make informed decisions on Rocklin Short Sale Info and Facts.
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