The California Association of Realtors President, Beth Peerce, released a letter Monday in regard to efforts undertaken by CAR to help homeowners who are having trouble making their mortgage payments and to help agents who are trying to assist those homeowners. The thrust was in regard to short sales.
So many of our sales are short sales and the short sale market is so filled with confusion that CAR has undertaken to help agents and homeowners. Is it self-serving? Of course, but isn't that what we want our trade association to do? We expect CAR to help us to be successful. At the same time, the better we can perform in the short sale arena the better we can serve our home owner clients and the better we can help our short sale buyers.
CAR has set up a new website www.shortsalescalifornia.org to help CAR members and consumers keep up to date with the latest developments in the short sale arena. I tried to access the website and got back a notification that basically told me that CAR still has some work to do in order to make the site available as advertised. I am sure that will happen. It is too important not to!
Realtors can log on to access Q & As, webinars about short sales, and links to related content of value.
The consumer section is designed to provide information to homeowners who are in danger of losing their homes.
I am looking forward to checking it out when the technical glitches have been overcome. We all know that the distressed property market will be with us for some time to come. The better equipped we are to deal with it, the more successful we will be because we will be better able to serve our clients.
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