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Ana "Leticia" Avila Escobar, ABR

Why Short Sales Work

When Homeowners can't make their mortgage payments, lenders don't want to forclose, and real estate agents have difficulty finding clients. Investing in short sale education can be the solution for Real Estate Agents and sometimes even people that are very close to you.

Short Sales Benefit Homeowners. Serious financial problems are typically due to unpredictable, uncontrollable events. Adding the trauma of a forcelosure to an already stressful situation can create an enormous burden to the homeowner.

Homeowners that go through a short sale will lose their home anyway, but they can definitely start planning for their future sooner. A new beginning is always welcome and as an agent I had the satisfaction of helping many of my clients to start anew and as a human being is very rewarding.

It also benefits the lender, forclosure process costs lenders more than a short sale, not only that, but the sale price on these properties is a lot of higher. In my experience if they sense that you know what you are doing, they will work with you in a timely manner.

Short sales benefit the community: In most short sale situations, homeowners continue to live in the homes until they are sold, this decreases the number of vacant homes in the neighborhood, they are taken care of regularly and are not vandalize.

I understand that dealing with a short sale situation is not only time consuming, but also exposes us to a very sad part in our clients lives. I can also tell you that if there is a time when we should go the extra mile to serve our clients in a very human way, this is it.

Leticia.