The Bank Won't Foreclose on my Rocklin Home!

The Bank Won't Foreclose on my Rocklin Home! 

If you're hoping for a fresh start after a foreclosure, you're looking in the wrong direction!  You won't begin to rebuild your credit until the deed of your home is actually transferred to a new buyer.  In a foreclosure, the bank is in total control.  They sometimes wait years to take your home through foreclosure and then years to resell it to a new buyer.  It's once that new buyer records on the deed that the clock starts and you can start to improve your credit. 

There is a way around this.  In a short sale, you are in control.  You pick the buyer with the offer terms that work best for your situation.  Once your Rocklin home is sold and closes escrow, the new deed is immediately recorded in the buyers name and you can rebuild your credit faster.  Short sales are the difference between waiting MONTHS or YEARS in a foreclosure to start fresh.  Plus, the banks want you to short sale for a lot of reasons and will sometimes even pay you to do it!

Rocklin Short sales can be a bit of a hassle but are a huge relief when closed.  They are less of a hassle when you use an experienced Rocklin short sale agent to manage, negotiate, and deal with the bank on your behalf.  With a knowledgeable short sale agent on your team, short sales are much less stressful than a foreclosure that goes on for years!

With 47% of homeowners in Rocklin, owing more on their home than it's currently worth, there is still a lot of shake out that needs to happen before the market can recover.  Foreclosures and short sales are here for the foreseeable future.

The Bank Won't Foreclose on my Rocklin Home!