I found this video to be very enlightening as to what can happen, and we should expect in the near future. Not because the economic crisis or any "sky is falling" prediction. Simply because homeowners are smart people, and making payments for a product (a house) that is worth 50% of what they are paying just doesn't add up.
We were raised by our parents, to respect our debts, to be responsible; add to this, the fact that our home is our protected environment, our nest, a place where we take care of our family; all this is what makes us want to keep our homes, to keep on paying more than what it is worth.
But when you stop and think how much is this really costing you, you discover an alarming truth....you are giving away your retirement, you are spending hundreds of thousands of dollars that you will probably never see; you will probably not be able to retire if you decide to keep your home at any cost.
Take a few minutes to watch this video, it is an eye opener.
If, after watching it, you think we can help you short sell your home, contact us, we have a lot of experience doing this. And one thing I am sure will happen is that the Banks and the Government will sooner than later create a big roadblock to prevent "Strategic short-sales" from happening, and that is not far away. If you are thinking of doing it, you better do it now!


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