Ask Joe About Short Sales in Orange County, California

Today I received this question at info@thehomsteam.com about short sales.  "I am current on my mortgage, will my lender consider a Short Sale?  The answer is "Yes."  Even though you are still current on your loan, some homeowners remain this way until close of escrow.  It is there understanding that their credit scores will not take such a significant hit if they remain current.  This is true, but may be unrealistic for many of the home sellers that I work with who really cannot make their payments due to financial hardships.  Answering questions in Mission Viejo about Short Sales.