Fresno Real Estate News
January 24th, 2012
Should You Short Sale Your Fresno Home?
Fresno Short Sale Help
Fresno Short Sale
When I (Matt) got into the real estate business 7 years ago the term “Short Sale” was not even a part of the vocabulary of my training and testing. Sadly, for most of us these days, “short sale” is now a house hold term. Many Fresno homeowners find themselves in homes that are, in some cases, $100k+ upside down (negative equity). Many stressed sellers are hesitant and worry about a short sale and the potential damage to their personal/financial well being. It is a difficult decision When it makes sense to keep an underwater home. Whatever situation you find yourself in it is important to consider all your options before moving forward with a short sale. The truth is that the faster your home sells, the sooner you can put the stress and financial worries behind you.
Do You Qualify for a Short Sale?
In order to qualify for a short sale you must demonstrate a “hardship”. Examples of hardship include:
- Unemployment
- Divorce
- Medical emergency / sudden illness
- Bankruptcy
- Death
It may be helpful to chat with someone to assess your current situation and if a short sale is right for you and your family.
Questions?
It takes a lot of patience and perseverance to go through a short-sale. But if you’re tired of the constant stress and are ready to move on with your life, give us a call at (559) 325-4043, or fill out the form below. We’ll show you how you can take control of your current situation.
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