Yes, I know this is a HOT topic today in real estate. There have been quit a few blogs on this. Today I saw on NBC news how foreclosures have skyrocketed on the east coast for the first quarter this year.
The media ALWAYS seems to promote negativity. After all this is what people gravitate to. How can we as realtors get the message out that doing a short sale is a lot more advantageous for the homeowner, then having the property go into foreclosure, if at all possible.
For example, a short sale will affect their credit for 3 years, where the foreclosure will for 7 years.
I've done quiet a few short sales in the last year in Middlesex County of Connecticut, and my clients are grateful that this was done verses going into foreclosure.
I would hate to see people going through this, and would like them to know there could be an alternative. Why doesn't the media disclose this too?
Info about the author:
Valerie Osterhoudt is a Cromwell Connecticut Residential Realtor who can assist you with the purchase and/or sale of real estate in the Middlesex County of CT, as well as the surrounding areas. Please visit me at www.CTrealtorMLS.com for all your relocation and/or local needs.
Valerie Osterhoudt, ABR - Johnson Real Estate, Inc. - 860.635.0387 #2 - firstname.lastname@example.org
Copyright © 2008 By Valerie Osterhoudt, ABR, All Rights Reserved...*SHORT SALES VS FORECLOSURES... HOW DO WE EDUCATE THE PUBLIC*
Valerie Osterhoudt, ABR
(Accredited Buyers Representative)
Is a Full Time Realtor® with with Johnson Real Estate, in Cromwell, CT who specializes in Homes and Condos For Sale in the Middlesex and Hartford Counties in CT.
Valerie Osterhoudt, ABR ~Johnson Real Estate, Inc.
email: Valerie Osterhoudt, ABR