The stigma of marketing a house via short sale for sellers can cause fear in the pit of your stomach. However, Cathy McAlister, a real estate agent from Sacramento, points out that there IS life after a short sale,
I just closed escrow last week for a very nice couple; repeat clients who were short sale seller’s only three years ago. In the winter of 2007 I received a lead for a young couple who were facing the prospect of a short sale. They owned a small 3 bedroom townhome which had been purchased in 2004. Great couple with a good outlook on life and an amazing amount of patience and trust. Life events had happened that necessitated a short sale.
Cathy reports that two months ago her former sellers became buyers again when they closed . The dream of home ownership is not dead for people who have been forced to sell via short sale. There is hope!
Leave a Reply