Short Sales On The Rise
I am on my way this afternoon to sign a listing agreement with a homeowner who is upside down. He owes $635,000 on his mortgage, and his home is currently worth no more than $580,000. His negative amortization loan is about to adjust, and he will not be able to make his payments. To make matters worse, his wife is commuting more than an hour each way, and it's put tremendous wear and tear on their car, not to mention stress on their relationship. He will need to buy a new one soon, and won't be able to afford it. I have reviewed his situation with my partners at BGS3, and we are completely confident that we can help him STOP foreclosure, negotiate to have any deficiency judgement waived, and will be able to help him restore his credit within 2 years.
Share this Post:
Comments have been closed for this post.
Please contact us if you have any questions or comments.
Recent Posts
Santa Monica Restaurants | Main Street | M Street Kitchen
Wed, Aug 24th 2011 9:00 am
Quick Weekly Santa Monica Real Estate Market Update – August 12, 2011 to August 19, 2011
Mon, Aug 22nd 2011 9:46 am
Urgent Action: Huge Project Before Santa Monica City Council
Sat, Aug 20th 2011 8:40 am
Santa Monicans Stock Up on School Supplies – For themselves and for Operation Christmas Child
Fri, Aug 19th 2011 9:48 am
Go Through A Short Sale While Facing A Divorce
Wed, Aug 17th 2011 9:06 am

Phone: (310) 392-0096
Email







Trackbacks (0)
Comments (0)