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Saturday, June 30, 2012

If You Should Move before You Short Sale in West Sacramento?

We get that question more often than not. Now we will never tell you to make or not make a payment, that is totally up to you and your personal situation but quite honestly, unless there you have a burning desire to get out of the West Sacramento property NOW I would suggest staying in the property while it is for sale and up until we get ready to close escrow.


My way of thinking is, if you are currently not making your payment and you move, you are going to have to start paying rent right away. If you are making your payment and you move you are going to have to pay rent and continue with the house payment. In either case, why pay when you don’t have too? On average it takes 4-6 months from the time we list the property to the time we close escrow, sometimes less, sometimes more. At any rate, what could you do by saving 4-6 months or rental payments? If your rent is 1400 a month you would save nearly $6500 by not moving and even more if your rent payment is higher. When you do move you will need first / last and a deposit to get into the new rental. Why not stay rent free and save that money while we process the West Sacramento short sale? I like to encourage all homeowners to look at a West Sacramento short sale strictly as a business decision. Why spend money when you don’t have to?

To get a better idea of when your West Sacramento home will be worth what you owe, log in to www.shortsaleandloanmod.info for a free estimate or call me today for a free no obligation consultation. Call me today and sleep better tonight; you’ll be glad you did



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