Downtown San Diego Condos: Discombobulated Lenders and Short Sales

The news tells us all that lenders want to "help" with foreclosures.  I am not sure I believe that storyline.  Some lenders want to help you and some lenders say the right words but refuse to take the right actions.  The foreclosure and short sale markets are in upheaval right now.  Whether or not a lender will work with you if you want to keep your home is like a crap shoot in Las Vegas.

However, the National Association of Realtors (NAR), which is thousands of agents like us, really want to help our clients either keep their homes or sell them in shortsales.  We are tired of the runaround and downright incompetence.  Here is an article that may give you some direction as you face your choice to either take a foreclosure, a shortsale, or a stay in the property.

Please let us know if we can be of service.  Call or email us with questions.  We are seeing all sorts of lender behaviors and might be able to give you some insight on how to deal with  discombobulated lenders.  (I just love the word discombobulated).  We really are here to help you and explore your options.   We charge no fees for this service.  Just contact us.

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  Facing Foreclosure: What to Do Right Now

  If you're facing foreclosure, don't panic: There are steps you can take right now to save your home or at least lessen the blow of its loss. Read

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Copyright 2010 NATIONAL ASSOCIATION OF REALTORS

This is a series of articles by Sharyn and Victoria Crown, downtown San Diego real estate agents.