Short Sale Experts in Los Angeles

October 1, 2009 by  
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LOS ANGELES, Calif. July 30, 2009/Housing Assist of America – (www.housingassist.com) America’s #1 Short Sale Specialist announced a 75% success rate for helping distressed property owners during the nations housing crisis. With more than 336,173 foreclosure filings reported in the month of June, 2009 and 1,905,723 foreclosure filings, default notices, auction sales notices and bank repossessions we reported on 1,528,364 U.S. properties during the first six months of the 2009 year. Those numbers represent a 15% increase in total property filings for 2009 and the fourth straight month of 300,000 filings.

“This is a crucial time not only for the housing industry, but more so for the home owner,” said Housing Assist of America President, Aram Afshar “We talk and meet with hundreds of people a month who are on the verge of losing their home and not being able to purchase another one for 10 years because of foreclosure. For many of them, this is the biggest purchase they have ever made in their lives, and you can feel and hear the pain that comes with their situation.

Those who have filed for foreclosure understand that this will negatively affect their credit score and their ability to purchase a home in the coming years. For the hundreds of thousands who have filed for foreclosure or who are on the verge of foreclosure, many of them didn’t or don’t know that there is another option.

While foreclosure is a way out of a bad loan, there are long term consequences to this decision. On the other side of foreclosure, there is the option of a Short Sale. Short Sales place an immediate stop to foreclosure and only affect your credit rating minimally; staying on your credit report for two years and dropping your credit score by less than 100 points.

Short Sales are a way to save more than your credit score, a bad loan and the possibility of purchasing a new home in two years. It saves you the stress and gives you a little of your piece of mind back.

Take a moment to visit the Housing Assist of America website to see how you can benefit from their free Short Sale, Loan Modification Refinancing, VA services and more.

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