The Real Estate Market I have survived for 35 years is broken...
Circa. January, 2009...

So... What's the Problem?
Most of my friends and neighbors are in poor health, financially
(a) Financing is difficult to qualify for, even among motivated buyers.
(b) Sales prices and terms are being dictated by some out-of-state bank.
(b.1) Banks push prices much lower than they need to be...
-- In a blind rush to liquidate, they set new low prices, for other banks to undercut... repeat.
The result is...
Most homeowners no longer have many options if they need to sell their home, therefore losing control of the situation. Everyone owes more than the home is worth, and are trying to survive:
(a) Reduced income (b) high balances and rates ...while making a home for their family.
People are asking...
(a) Why am I doing this? (b) What happens if I can't make my payments?
(c) What happens if they foreclose? (d) What will happen to my credit?
(e) What happens to my home? (f) ...What can I do?

OK, Maybe this will Help...
One of the options available to home owners is the Short Sale.
I know... they're obnoxious, smelly little things that suck up time and resources.
I have been involved in a few short sales, and have learned a lot.
-- In my first Short Sale combat mission, the bank totally kicked my butt, and avoided selling the house by doing a surprise Trustee Sale while I was expecting the promised approval.
-- My most recent Short Sale went extremely well. The Bank was anxious to make a deal, and we closed in 45 days.
Getting Lender Support... This is the time consuming and difficult part... not because lenders are uncooperative, but just the sheer volume of applications on their desk is overwhelming. The trick, apparently, is to: Connect directly to decision makers, rather than waiting for a call from some cubical.
For this reason... I have recently affiliated myself with National Short Sale Center,
and other Professional Negotiators to expedite agreement on behalf of my clients.
These Servicers are very experienced and well connected within the Loss Mitigation industry.
They get the Lenders to agree to sale terms, and sign documents. That is the big challenge.
Once agreed, I will close the transaction, representing my client's best interests.

The Point Is... A Short Sale may very well be successful, and provide some important benefits for homeowners, ... and certainly for buyers as well.
(a) A softened hit on your credit (b) A release of liability on your deficient loans.
(c) knowing you did everything you could do to avoid foreclosure.
Contact Gary to arrange a private consultation to see if you may qualify.

One more thing...
I hope you get a chance to visit my Blog: http://LourenceRanchLife.com
I started this blog so this whole communication experience can change from "me to you",
to a more interactive forum. Let's get all the neighbors involved and share our ideas.
Please let me know what you think. I always look forward to hearing from you.

Thanks Again... for being a loyal Lourence Ranch fan. I hope you find this info useful and informative. Please forward this message to your neighbors. Feel free to contact me anytime if you have questions or comments...

Lourence Ranch Homes
A Service of McDaniel & Associates Real Estate
Gary L. McDaniel, CA Real Estate Broker
CA. Real Estate License No. 00483204 ... 523 General Lane, Tracy CA 95377
... Phone: (209) 835-8010