92592 - Short sales and foreclosures in this Temecula zip code increase.
Stats out for the 3rd quarter of this year show banks have steped up getting notices of default out to homeowner behind on their payments.
This means another wave of short sales and foreclosures will continue well into 2012.
Before setting a sale date/foreclosure on a homeowner most banks will reach out to homeowners and offer them an incentive to cooperate in a solution called the short sale. The US Treasury is also offering the banks an incentive to help the homeowner in the amount of $3,000.00 and more. This incentive is paid to the homeowner at the close of a HAFA short sale.
A short sale is a free option/solutionto avoid a foreclosure.If your thinking a short sale my be a solution for you.
Contact a certified HAFA short sale agent and find out if this FREE option will work for you.
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