Wondering if a Short Sale might be an option for you? You are not alone. With the changes in real estate values over the last few years, many people want to know what options are available if they need to sell their home.
Even in Chico, where values have decreased far less than other areas in California, homeowners are underwater.
The California Association of Realtors has a question and answer page that is well worth printing out and reading if you are in this situation.
The good news-short sales are going to be getting easier over time. The banks are getting incentives from the Obama administration to work with homeowners and avoid foreclosures.
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