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More Shortsale information

April 20, 2009
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We have been doing a lot of research in this area- the biggest misconception- SHORTSALE IS NOT FORECLOSURE!!! We have succesfully closed many shortsales and saved people from foreclosure. The biggest difference? Right now the restrictions on the wait time to buy a new house is 2 years (shortsale) vs. 5 years (foreclosure) Banks dont want to foreclose, this is a better option for them. If you or someone you know is in a precarious financial situation or one that may be changing soon and owes more on their house than its worth, this is a viable option to explore- contact us if you have any questions or want to know more about this- we also have an 800# you can call for a fact sheet – Call 800-292-7685 x 2008 to have one faxed to you.

John Adams Shortsale Article from AJC

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