American Canyon CA Short Sale Truths prove that short sales are here to stay and homes worth less than what is owed are being sold. Every where you go...stand in line at the grocery store, eat at a restaurant, meet at Starbucks, American Canyon Short Sales is a hot topic. People are comparing notes, myths and truths. The truth is most people, and that includes Realtors, do not know the difference between the myths or the truths. It all becomes true because that is what they heard.....in line at the grocery store, in a restaurant. They hear Short Sales are not approved. They hear "don"t do a short sale." They hear "let the bank take it."
The truth is since January 1, 2011, 61 homes have sold in American Canyon CA (per BARIES MLS dated 3-25-2011). 17 of them were short sales. 28 were REOS/Bank Owned/Foreclosures. The remainder were your so called "normal" sales of long ago.
Another truth......there are 55 active homes for sale in American Canyon CA (per BARIES MLS dated 3-25-2011). 20 are short sales and 14 are REOS/Bank Owned/Foreclosures which leaves 21 active homes that have some kind of equity.
Selling a home in today's market is not for the faint of heart. Many homeowners are under water with their mortgages. These same homeowners want to move on in life and think they may never be able to pay off their home or move again. For most people, this is a myth.
The truth is people can sell. The big difference (the real truth) is they are scared to death and afraid to talk. They need a safe and unbiased environment to sort out the myths and the truths. They need an experienced, knowledgeable and successful Short Sale Realtor. This is the truth. A successful Short Sale Realtor will encourage them to seek advice from a CPA and an attorney. There is more involved with selling your home when it is upside down. Don't assume you cannot do it.
American Canyon CA Short Sale Truth or Myth.....seek the truth!
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