San Jose Short Sales may have been inpacted by the "time out" called by some of the big lenders and services recently. The help comes in the form of additional time for those who are looking to AVOID FORECLOSURE and have not taken the steps to accomplish that goal.
The appearance that this will allow those not ready in San Jose facing short sale or foreclosure to stay in their homes longer is a false sense of reality. What this "time out" will do is provide the opportunity for those homeowners to find better alternatives to foreclosure.
This will allow the homeowner who may be upside down on their morgage, and facing a hardship, like job loss, family emergency or illness, extra time to obtain valuable information from an educated REALTOR who has been certified as a short sale expert. This is critical, and vital to getting on with a resolution. There are proactive approaches to develop a strategy to get through and past the stress, and the worry of uncertainty, take advantage of the "time out" given and get some valuable, reliable information today!