Santa Monica Short Sales

December 5, 2011 by  
Filed under Santa Monica Short Sales

Across the county, short sales numbers are increasing as homeowners in debt are trying desperately to avoid the costly effects of foreclosure.   California Real Estate has always been expensive and desired, especially in the affluent cities of Beverly Hills, Brentwood, Santa Monica etc.  Only with the recession, the housing market has taken a hit.  Homeowners in these rich areas are even feeling the effects.  Many homes in Santa Monica, for instance, are being listed as short sales.

Instead of choosing to foreclose on their Santa Monica though, homeowners are taking advantage of the short sale, saving themselves from the pitfalls of foreclosure and heavy debt.  The more foreclosures, the more damage down to the value of houses in the area.  Because of this, short sales not only help the homeowner, but the  neighborhood as well.  if you are underwater on your Santa Monica property, you aren’t the first and you won’t be the last.  But it’s important to get the assistance you need before debt swallows you whole.  If you are interested in listing your Santa Monica property as a short sale, contact HousingAssist for more information, today.

Housing Assist Coldwellbanker