December 12, 2012 – Silvercrest Realty has recently released a list of questions that can help homeowners determine whether or not a short sale is a good option based on their circumstances. Focusing on San Diego short sales, Silvercrest has published answers to some questions that homeowners want to know of before deciding between a short sale and a foreclosure.
„There are homeowners that get confused about their options when it comes to settling debts on their homes“, says a Silvercrest representative, „we wanted to give them all the information needed for them to make better choices.“
When it comes to a short sale San Diego experts say that among the questions most homeowners have, they often have a hard time figuring what a short sale exactly is and how it can benefit them as compared to a foreclosure. Based on their FAQs, Silvercrest defines a short sale as a sale made on a home that is worth less than the debts that need to be satisfied. In this case, the lender will settle with the proceeds to satisfy the loan even if the amount is lesser than the actual debt.
San Diego short sales experts from Silvercrest also provide information on various foreclosure and short sale scams that are rampant in the market these days. The company warns of dealing with unscrupulous individuals and realty companies that promise all the help they can give but end up ripping homeowners off of their properties. One scam that homeowners need to be aware of according to the company is the transferring of property titles or interest by the realty agent or firm. Scam artists, a Silvercrest representative states, look the part and play the part of professional sellers so they can easily dupe homeowners into trusting them. This makes it easier for unsuspecting property owners to fall prey to their schemes.
„It is important that you know all that you can when it comes to a short sale so as to get the best deal“, says a Silvercrest representative. „This is why we encourage those who want assistance to visit our website and find the information they need before deciding“, he further states.
Silvercrest Realty has been in business for quite some time now and has been providing short sale and foreclosure advice and assistance to residents of San Diego and surrounding areas. Visit their website at http://www.sdshortsaleexperts.com to learn more about what they can do for you and your home.