tag:blogger.com,1999:blog-22181522438237780032011-10-06T05:48:39.041-07:00Carletha Frazier - Singletonnoreply@blogger.comBlogger11100tag:blogger.com,1999:blog-2218152243823778003.post-15674504484584848022011-01-07T05:24:00.000-08:002011-01-07T05:56:04.326-08:00Lenders Primed for Short Sales in 2011<br /><br /><br />Short Sales are a terrific option for homeowners struggling with unaffordable mortgage , payments. In fact, lenders' losses due to foreclosure are projected to increase at record rates in 2011, giving them more reason to pursue short sales. Lenders are projected to incur losses as servere as 85 percent in foreclosure! Meaning, after deducting the expense of the foreclosure process on a $1000,000 loan, they may get back $15,000!<br /><br />It's common sense that lenders will be looking toward th sale short solution. Even though they are accepting less than is owed on the property, they lose far less than in a foreclosure sale.<br /><br />In fact, it te Hilton Head, Bluffton and Savannah area, short sale tansactions have increased.<br /><br />It may be a surprise to many that lenders actually want to work out a solution that benefit all parties. Oftentimes, the lender is seen as te villain in the situation, I've found that the lenders want to avoid foreclosure just as much as homeowners. We offer a free report that talks more about working with your lender, and details all the foreclosure alternatves available to you.<br /><br />Download the report and call me today; I can help you develop a plan to work with your lender and avoid foreclosure.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/2218152243823778003-1567450448458484802?l=carlethamfrazier.blogspot.com' alt='' /></div>Carletha Frazier - Singletonnoreply@blogger.com0