Short Sale Calculator: “Should I Pay Or Should I Go?” | Real Estate Short Sale Designation
Interesting web site created by attorney Peter Fredman.
He has created an easy to use online calculator that takes into account such things as value of the home, outstanding mortgage balances, and the last question…
I Should Walk Away Unless I Think My House Will Be Worth At Least In___ Years
This Means That My House Must Increase In Value An Average Of______ Per Year for Years.
Effectively making the point that in many cases the homeowner will be upside down for years and years before they owe the homes value.
Mr. Fredman (and many others) are merely pointing out the economics behind millions of homeowners negative equity situations. The fact is that millions of homeowners are considering a short sales…and in many cases…they are considering a short sale as a ’strategic’ financial move.
Here is a direct link to his site.
Understanding that HREU CDPD agents…agents who know how to list and sell short sales….will be in huge demand in 2010-? the only real question now is….
what are you going to do now?
Thousands of agents have received their HREU CDPD* (Certified Distressed Property Designation). We have made it easy for you to learn everything you need to know to easily list and sell short sales. Watch the FREE Short Sale Secrets video and grab your FREE Short Sale Book. If you would like to go ahead and enroll now for only $97 call 1-866-422-9497 or sign up here.
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