Banks are finally Pushing for Short Sales

If you were waiting for a lots of foreclosures to hit the market before you buy you may miss out. Banks are giving sellers incentives to do short sales to get the homes back to market value with new buyers and new loans. Foreclosure accomplishes the same as a short sale in the long run but with huge expenses both during the foreclosure process and during the holding/selling process. Recent announcements are very clear and for those who are selling a home with a short sale they can get back into the market within 2 years with little damage to their credit. If you know someone who is upside down on a home please share this with them. Foreclosure solutions
can be found at http://www.shortsaleshub.com and there should not be an expense to the seller in selling thier homes.

Click on the link below to see the CNN article on this topic.

Weekly Video Update – Real Estate

This market is changing by the week.
What you are hearing from the mainstream national media about Real Estate is only one small part of the story. For more, please visit my Video Newsletter.

Here is the link to my Video Newsletter:

http://www.patelsupdate.com
My Video Newsletter is loaded with up to date Real Estate News and Advice. Some of its features include:

Current Real Estate News
Interest Rates
Mortgage Advice
Question & Answers

Plus much more. It is “real time” and changes weekly.

Whether you are thinking about selling or buying, or you just want to keep abreast of the market, I hope you find this information useful and informative.

Sincerely,
M Patel
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