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Avoid Foreclosure by Considering a Short Sale as your Preforeclosure Option - San Francisco, California

By John Kim

Services for Real Estate Pros with Property Services & Short Sale TC

February 11, 2012 03:58 PM

San Francisco Homeowners

Are you unable to maintain your mortgage payment(s)?

Are you considering the options such as Foreclosure or Bankruptcy?

A Short Sale may be the Pre-foreclosure option may be best option. A short sale pre-foreclosure process is at no cost to you and may be far less damaging on your credit for your future. Here are some hardships that may qualify for short selling your home:

PERSONAL RELATED REASONS

Loss of Employment
Loss of Secondary Income
Medical Related Issues
Divorce or Separation
Military Transfer or Deployment
Job Relocation

MORTGAGE RELATED REASONS

No Equity available to Refinance
Interest Rate Adjusted
Balloon is due
Huge Negative Amortization

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JOSH EVANS *JoshEvansHomes 516-655-5000

Village Properties of Mineola, LLC - Mineola, NY

Great blog and great job. Good luck to you this year. Keep up the good work. Thanks.

Feb 11, 2012 04:23 PM

Harrison K. Long

HomeSmart, Evergreen Realty - Irvine, CA

REALTOR , GRI, Broker associate, Attorney

John ... I see your blog and wonder whether short sale procedures are much different at San Francisco as compared with San Diego.

Mar 13, 2012 04:17 PM

James A. Browning

Browning Real Estate School/REO Institute - International, IT

MRE REOCertified(R) SSCertified

Thank you for sharing your blog; we need Real estate Professionals to share their comments and information regarding their markets and experiences. Thanks again from beautiful Colorado; Spring is here in the Rocky Mountains

Apr 20, 2012 03:55 PM

John Kim

Property Services & Short Sale TC - Irvine, CA

Thanks:)

@ Harrison - the short sale procedures are the same and I don't find it any different. NYC and TX are very much different when trying to close a sucessful short sale. A lot of different factors we don't have in our state.

May 16, 2012 02:33 PM

Thanks for sharing your blog on Activerain. Please, join our group on LinkedIn, ‘REO Institute’. We share real estate information regarding market trends, Short Sales, BPOs, REOs, ideas, education/training, and Commercial education. We value you your comments, opinions about the real estate industry.

Thanks

James A. Browning MRE, CEO & Founder, REO Institute

Jul 19, 2012 02:21 AM

Avoid Foreclosure by Considering a Short Sale as your Preforeclosure Option - San Francisco, California

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