According to a recent Freddie Mac/Roper poll, more than six in 10 homeowners who are delinquent in their mortgage payments are not aware of services available to them that would help their situation. Much of the population, and agents alike, are unaware of short sales and their process. A short sale is a win-win. It's a win for the bank because, as an agent, we are helping them along their sales process and helping them recapture as much of this non-performing loan as possible. It's a win for the seller because they're going to be forgiven for a large portion of the money they owe and are saving their credit. It's a win for buyers because they can obtain a property that is priced right. Finally, it's a win for the agent because the ability to proceed with short sales creates new opportunity: more listings and more value to our repertoire!
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