Sacramento Home-Seller Support (not what you think)
If you’re in a situation where your Sacramento home is worth less than you owe on it, you may be looking at a short sale. However, there are other options that you should first explore. For instance, if you’re not struggling making the payments, why not just stay put? I bet my house isn’t worth what I owe on it right now either, but I love my home and have no intention of going anywhere, so what’s the big deal? Real estate will always appreciate, over time, so as long as you’re not feeling some kind of financial squeeze that may affect your ability to make payments, just stay put for now.
However, if that’s not the case, it’s time to see what options you have. First, you can always try for a loan modification or even a re-finance opportunity (there are some out there). If all else fails, you may need to do a short sale. The difference in how a short sale versus a foreclosure affects your life is monumental, no matter what anyone else may tell you. Trust me–a short sale is much easier on your credit and your conscious than a home that’s been repossessed by the bank.
Anyway, here’s a little video I did on the importance of keeping a positive attitude during a difficult time, should you be someone who finds yourself in a short-sale situation. Hope it helps.
Catch a little real estate and Sacramento self-help radio at www.InLoveWIthSacto.com
ta ta for now,
Tamara
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