Sunset Strip Realty

How a Short Sale is Beneficial to a Bank A short sale is basically a sale that is carried out in the real estate market. There are several scenarios where a home owner falls back on a home loan because of different reasons. In this situation, the bank might move towards a foreclosure and the home owner might come into a difficult situation, not ...

So, what is a short sale? A short sale is a way of selling your over encumbered property. Many people find themselves with property that they purchase in 2004-08 at market price and now find that they actually owe more than what it's worth. Most have seen a significant drop in value. So what are your options? 1) Continue paying and hope ...

Short Selling, Foreclosure, And Other Options  Many people are suffering with crushing mortgage payments all around the country.  States such as California, Nevada and Florida are really struggling.  With high unemployment and the potential for it to grow even more, and suddenly higher mortgage payments due, consumers are ...