Benicia Short Sale Questions come up and people are searching for answers from any source they can find. Short Sales in Benicia are more prevalent now than ever. IF you bought a home in the past 5-7 years ago you paid top dollar for a home. Loans could be had for with little or no documentation to insure a homeowner could even pay for the home in 2010 or beyond. Many of the loans are interest only, pick a pay and now the grim reaper is coming to collect.
This might not have been so bad if the value of the homes did not decline so rapidly. Any equity has been long gone. You may have lost your job or hours reduced or no more overtime or a new child comes into the family or more debt is accumulated or a family member becomes ill and you to provide for them, or an illness has you off work. The list goes on and on and creeps up on you without you really, really knowing what is happening.
As a Short Sale Realtor, when new clients tell me I can still make payments BUT, the but means they may be in trouble and donot even know it. I ask them to fill out a complete financial worksheet and suddenly they understand why they feel a pinch every time they try to make a payment. We can talk about alternatives and ways you may be able to stay in your home. My job is just not about selling homes but also helping homeowners understand their options.
Sometimes it worth it to call an experienced Benicia Short Sale Realtor who can answer your Benicia Short Sale Questions. Find out what your options are in today's market place. It pays to be educated and informed. What we do best is the real estate part, when it comes to your taxes or legal advice, we also advise you to seek counsel from these professionals.
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