stop foreclosure

Are Short Sales Shorting the Real Estate Market?

Bad advice telling people to stay away from short sales.
So basically you're telling any investors and/or realtors that if a homeowner is behind on payments, and needs to sell, they should ignore them or walk away?

The only people screwing up short sales are agents/investors who don't know what the heck they are doing, and greedy lenders who think that if they take back the property they'll make out better selling it as an REO, rather than taking a discount and not going through the foreclosure process.

If you learn how to do short sales the RIGHT way, or better yet, have a professional company to outsource them to, you'll be just fine.

Telling people to stay away from short sales is only compounding the foreclosure problem.

The investors/agents getting short sales approved and sold are the only ones today helping the bottom of the real estate market stabilize.