Short Sales Up Nationwide, Particularly in California

In 2008, when the housing market burst,throwing the US economy into the worst recession

we've seen since the Great Depression, short sales were almost impossible to do. But now, with regulatory pressure on banks to clear balance sheets and lenders coming to terms with the fact that the economy is not going to recover any time soon, it's much easier for struggling homeowners to use this option to get a fresh start on their finances.

Short Sales Up Nationwide, Particularly in California

By: Ron Parks

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