Unfortunately, things don’t seem to be getting much better in the real estate market. I’m often asked about loan modifications. Many people I speak with believe they will be able to modify their loan and stay in their home. Unfortunately, the banks are very slow to act because they want their money. This is why a short sale is a great alternative if you are struggling to make your mortgage payments.

A short sale allows you to stay in your home longer and is much better for your overall credit score. I am a short sale specialist and am happy to answer any of your questions. Please email me at pam247re@hotmail.com or call me at 760.219.3964.

Here’s a link to an interesting article in the L.A. Times about the benefits of a short sale.