bay area short sale

Hello, this is Kerri from the Bay Area Short Sale Angels, Northern California’s primary short sale team. Lots of people have asked me how near the trustee sale date are you able to initiate the short sale process. The trustee sale date is known as the foreclosure sale date. There’s not an easy answer to that, it really relies on the bank that’s servicing your loan. For essentially the most part, as a basic rule, we need at the least ten days. Ten days prior to the trustee sale date to initiate that short sale and have an opportunity of getting it into the system and with the ability to get an extension on that short sale date.

If one of your problems involves distressed properties, then you are one of the many millions of homeowners who are on the verge of a home foreclosure. Problems involving distressed properties does not appear that they will be slowing down anytime soon. Settling the issue with the lenders may help you save your home.

If You Have Distressed Properties, Look at the Bright Side: