Third Thursdays - Real Estate Hot Topic: Short Sales

Many banks have failed to follow proper procedures in the administration of foreclosure cases hence the halt of foreclosures by Bank of America and several other lenders. A lot of concerns are being raised by the public as well as elected officials about the validity of ownership of mortgages that have been securitized and resold. As a result things have gotten even crazier with real estate transactions associated with foreclosures. So crazy, that I highly recommend that homeowners facing financial trouble consider a Short Sale in advance of a foreclosure. If you know of anyone needing help to determine if a Short Sale would be the best approach to off-load a property versus facing foreclosure. We will also discuss the process of Credit - Rapid Re-Score as well as Mortgages.

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