fico: Short selling. Is it right for you? - 10/31/11 09:02 AM
Short selling. Is it right for you?  There are many things that can lead to a short sale of a property. Here are some common reasons to short-sale besides foreclosure which should always be avoided.
Negative equity happens when you bought you house for more than what it is worth in the current market. This is very likely if your down payment was less than 30% between 2004-2007. Short-sales also could occur if there was a small down payment and the loan was one with a negative payment option (option arm or 1% payment). This deflects the non-paid portion to the back … (1 comments)

 
Miah Callahan, J Rost Realty Inc. (J Rost Realty)

Miah Callahan

J Rost Realty Inc.

Walnut Creek, CA

More about me…

J Rost Realty

Address: 1990 N California Blvd, Walnut Creek, CA, 94596

Office: (855) 201-4609

Mobile: (925) 818-8487

J Rost Realty is a full service real estate firm that covers north of Fresno (Mid CA) to Santa Rosa (Northern CA). We specialize in helping homeowners short sale their homes preventing foreclosure and avoiding any seller deficiencies. J Rost Realty has its own in-house processing and negotiation staff and have 100% success rate with hundreds of closed short sale transactions. In addition we list REOs directly for many banks, giving us a large inventory for buyers and investors.


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