According to some experts 2010 is set as year of recovery, largely in part to lender participation in short sales. According the the article,
“At the start of the foreclosure crisis, she says, banks accepted about one in every 10 offerings on short sales. But as the crisis worsened, the number of short sale homes closing in escrow has improved to one in every five homes.”
“Banks realize they typically are better off to close a short transaction than go through foreclosure,”
Michael-Edward Cruz and Troy Huerta have been working on short sales transactions since day one and they have been able to work with lenders even back when it wasn’t popular for lenders to help. “We have been able to consistently show lenders the benefit to a short sale.” said Michael-Edward Cruz
If you or someone you know needs a free short sale consultation then please have them call one our experts right away.
Michael-Edward Cruz
US Bureau of Recovery Inc
Short Sale Expert
951-572-2789 – RIVERSIDE OFFICE
949-630-9743 – OC OFFICE
EMAIL ME
Troy Huerta
Lender Help Inc.
Short Sale Expert
760-420-5498 RIVERSIDE AND SAN DIEGO COUNTIES
EMAIL ME
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