It’s hard to believe that over 2 years have passed by since the Fresno, CA real estate market started to self destruct…The word Short Sale was not something that was heard often. Even President Obama is talking about them!  Banks are overwhelmed with them and Fresno homeowners are starting to really understand the difference of… Read More

Excerpt: Should I Short Sale My Home – Chapter 3 By Jeremy Smiley, Realtor – London Properties A short sale is when a lender accepts a discount on a mortgage to avoid a possible foreclosure auction or bankruptcy. For example: A homeowner, who is facing foreclosure, has an existing first mortgage of $500,000. The market… Read More