Rocklin Short Sale Specialist | Why A Rocklin Short Sale Makes Sense?– Many Rocklin homeowners bought their home at the peak of the market in 2005. In the hardest hit areas, they paid $500,000 for homes that are selling for $250,000 (or even less.)
Their Rocklin home is costing them $4,000 a month. (The total after paying property taxes and insurance.) Renters have moved into the neighborhood and are paying less than $2,000 to rent a comparable home. New home buyers are paying even less.
Does this sound fair? Should these homeowners short sale their Rocklin homes and save over $2,000 a month?
Why shouldn’t a homeowner do what is best for themselves? After all, they can save hundreds of thousands of dollars.
If they hire a Rocklin Short Sale Specialist to short sale their home with a $500,000 mortgage, and rent for 2-3 years, they will save $2,000 a month immediately. In addition, they can save several hundred thousand by purchasing after 2-3 years. But, what if home prices appreciate over the next few years?
If they are already upside down by 50%, it makes financial sense to short sale now. If the housing market has improved by 5% a year, their $250,000 house will have increased to $289,400 in three years.
That is still much less than $500,000. In addition, they will save even more on interest payments.
Thinking about a Rocklin Short Sale?
I can help you short sale your property and never pay the bank another penny. Send me an e-mail at mdpeek@gmail.com. I will contact you for a free consultation.
When we talk, I will explain how the Rocklin Short Sale Process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (916) 580-6084
Thanks for reading this, Mark Peek.
Mark Peek is a Real Estate Agent at Keller Williams Realty. Rocklin Short Sale Specialist | Why A Rocklin Short Sale Makes Sense?:
Phone: (916) 580-6084. mdpeek@gmail.com.
"Know Your Options"
View My homes for sale at www.CallPeek.com.
Mark Peek specializes in short sales in Rocklin CA and surrounding areas, including Roseville, Lincoln, Folsom, Granite Bay, El Dorado Hills, Sacramento and more. Rocklin Short Sale Agent. Rocklin Short Sale Realtor. Rocklin Short Sale Specialist | Why A Rocklin Short Sale Makes Sense?
Copyright 2010 SFI Marketing Institute, LLC. All Rights Reserved. This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing. The views expressed here are Mark Peek's personal views and do not reflect the views of Keller Williams Realty.
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