Short Sales Skyrocketing
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 [KeepingCurrentMatters.com] 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
— Reposted with permission of Keeping Currents Matters
About The Staten Island Board of REALTORS® (SIBOR)
The Staten Island Board of REALTORS® (SIBOR) is the largest not-for-profit trade association in Staten Island, N.Y.
SIBOR exists to enhance the ability and opportunity of its members to conduct their business successfully and ethically; and to promote the preservation of the public’s right to own, transfer and use real property.
Comprised of over 1,600 members, SIBOR serves real estate agents, brokers and affiliated professionals throughout the borough and surrounding areas.
SIBOR is the provider of the Staten Island Multiple Listing Service Inc. (SIMLS), which works as a clearinghouse through which more than 250 local real estate firms exchange information on properties they have listed for sale. Together, its members participate in over 3,000 real estate transactions every year.
All SIBOR members belong to the New York State Association of REALTORS® (NYSAR) and the National Association of REALTORS® (NAR).
SIBOR may be reached at 718-928-3220 and viewed online at http://siborrealtors.com. SIBOR may also be visited on Facebook at “Staten Island Living,” on Twitter via @SIBOR, and on YouTube at the Staten Island Board of Realtors and RelevantPR channels.
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