Los Angelinos may have been startled and shaken up by Tuesday’s earthquake, but a different, more powerful trembler is causing panic across the southland. The trembler we are talking about is the foreclosure quake, and it didn’t just hit the greater Los Angeles area. It also didn’t last-- a mere 30 seconds. This disaster has pounded hard around the nation and most of all in California, as the state recently took the not so glorified lead of having the most people defaulting on their mortgages.
Foreclosures in the world of glitz and glamour have made the locals nostalgic about the good old days when work was plentiful and your home increased in value by the minute. Even the neighborhood Starbucks is closing their doors. The old timers haven’t seen times this tough in any previous real estate down cycle with unemployment approaching 7% and house values plummeting at the fastest rate in history.
While we can’t do anything to prevent the earth from shaking, there are solutions to calm the chaos in the housing market. I Short Sale of Woodland Hills, CA has been guiding homeowners to the light at the end of the tunnel for the better part of the last two decades. By advising homeowners on foreclosure prevention techniques, I Short Sale has helped thousands of families relieve themselves from the burden of debt and get a fresh start on life.
I Short Sale is here to help and take the tremors out of your life for good.
Homeowners, buyers and real estate industry professionals who want to learn more about the short sale process are invited to be a guest of Craig Long, LLC for a special event featuring Raffi Tal, Chief Operating Officer of I Short Sale, Inc.
Eli Tene, CEO of I Short Sale, Inc. (ishortsale.com), a leading nationwide short sale and loss mitigation advisory firm, shared industry insights at the fifth annual Five Star Default Conference in Dallas, Texas.
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The information contained in this website is intended to be used for informational purposes only and to provide a general overview of the topics described herein. There may be tax and other legal consequences associated with a short sale. I SHORT SALE makes no representations or warranties concerning potential tax or legal consequences relating to any final disposition of any property. Clients are advised to consult with a tax professional regarding the potential tax consequences for their particular situation. I SHORT SALE is providing a service in response to a complex situation and offers a recommended solution where possible. Nothing is represented as tax advise to our clients as every situation may result in different tax consequences. I SHORT SALE is not a law firm or an accounting firm and regarding any specific questions relative to any transaction, I SHORT SALE strongly encourages all parties, agents, and brokers involved in a transaction to seek such advice from a professional advisor. Legal Statement
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