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Short sales are finally being seen as a viable alternative to foreclosure by both the banks and the consumer. Brandon Moore, CEO of RealtyTrac, just explained that short sales are skyrocketing:
“Short sales hit a three-year high in the first quarter (up 25%). Lenders are approving more aggressively priced short sales, which in turn is resulting in more successful short sales.”
In order to help our readers decide whether this is the proper option for them and their families, here is a list of our recent posts on the subject:
Short Sale vs Foreclosure – 10 Common Myths Busted
Short Sales: The Mortgage Originators Role in the Process
Short Sales Will Increase Dramatically in 2012
Are You a Buyer Looking to Purchase a Short Sale?
Short Sale Success: Key is to Change Our Mindset!
Short Sale vs. Foreclosure: A Short Sale Always Wins
