New blog post!

Thanks Jon.  I'm not sure how to add to your blog but here are a few lines from the blog.  Maybe you can let me know how to add or if you can insert that would be great as well.

Thanks! 

What are the incentives for the homeowner to go through with a short sale? Beyond getting out from under a mortgage, there are other benefits to proceeding with a short sale. For instance, the control of the sale lies in the hands of the homeowner and not the bank. Also, there will not be the social stigma of ‘Foreclosure” attached to one’s name. And, contrary to the general belief, one may be current on housing dues and yet go for a short sale.

There are laws that protect people doing short sales until the end of the year. The climate for short sales is advantageous right now. Next year, it might not be so advantageous. Some people think that there’s no way that they’ll possibly qualify for a short sale, but it is much easier to qualify than you would think

If you find yourself in a situation where you can no longer make your mortgage payments, contact an agent who will go through your options with you.