August 18, 2011

Left Short...On Patience

By Marcie Geffner - California Real Estate

Call it financial foolishness, predatory lending or hard luck. Regardless of the causes, a short sale can be a devastating and futile way to try to end a once-happy homeownership experience that's turned sour.

And that's just for the former homeowners.

For REALTORS®, short sales that don't close means a loss of time, money and better opportunities.

To gain an understanding of the challenges, California Real Estate magazine asked three homeowners to share their stories on the road to foreclosure.

Read on Left Short...on Patience