Keep it Real in Sacramento

News and comments about the real estate market in the Greater Sacramento area including Placer, El Dorado and Yolo counties. Julie Jalone is an expereienced professional Realtor® with MagnumOne Realty.

2007/6/13

Find me a short sale

Tags:
@ 08:28 AM (12 months, 29 days ago)

As the Sacramento real estate market is experiencing increased foreclosure activity I am getting more questions about short sales and at least an email a week asking me to help locate them.  It seems that almost everyone has heard a story where someone bought a house for 50 percent of its value by taking advantage of a short sale.  What is a short sale and are they something we should all be looking for?  Check out my latest article, “Short Sales: Road to Riches?” on my real estate news page at jalone.com or in my weekly column at Rocklin & Roseville Today.