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The Short Sale Option in Lodi and Stockton, CA

By
Real Estate Agent with RE/MAX Gold, DRE#01241695

Short Sale House Picture

The Short Sale Option in Lodi, Ca and Stockton, CA

Chances are in today's market, we all know someone who is having trouble making the house payment each month. Obviously this is not a good situation and homeowners need guidance and assistance. According to statistics, up to 70% of distressed homeowners choose to move through this process alone, not realizing that crucial decisions could make the outcome of their situation much better.

Steps For The Distressed Homeowner

1. Realize that you have a problem and become proactive in finding a solution.

2. Contact a professional that specializes in Preventing Foreclosure.

    Short Sale Option http://stopforeclosurelodistockton.com/

3. Organize your financial information and documents. Regardless of what option is chosen,

    this crucial step can speed up the process.

4. Contact the lender as soon as possible and discuss your situation. Lenders want to avoid

    Foreclosure at all costs. Learn about Loan Modification. http://TrivalleyBroker.net/

5. Understand the various Foreclosure avoidance options. (See Previous Blog)

 

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Short Sale Option 

A Short Sale is a dignified alternative to Foreclosure, where the lender allows the homeowner to sell their property for less then what is owed. A Short Sale may help a homeowner prevent Foreclosure and or Bankruptcy and salvage their credit rating.

My goal as a Real Estate Broker is to keep the distressed homeowner in their home, but when a Loan Modification is not successful and other choices have been exhausted, a Short Sale becomes a viable option. A Short Sale can also put the seller in a position to purchase a home again in as little as two years.

Stop Foreclosure http://lodibroker.com/