The short sale is also a pre-foreclosure

by paris911 on January 11, 2010

As not to be offensive, the truth of the matter is that the Short Sale is also known as a Pre-Foreclosure.  Due to the status of the loans with the “approved” short sales having to be in default.  The natural progression of the Short sale, one that is not approved by the bank, is to move into Foreclosure.

So, in essence, although a lot of Blood, Sweat and Tears enter into the Short Sale processes by those involved.  There is a lot riding on the information you receive on a Short Sale, whether on the Buying or Selling Side. 

As with all good things offered by The Paris911 Team, we have certain steps in our Short Sale process that are “must do’s” by our Clients if they want us to represent them.

Let us know and we would be glad to catch you up with the Short Sale process.

Here are those “Pre-Foreclosures”:  You are not alone…

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