California Real Estate Market June 2020Is is a Buyers Market or Sellers Market? Know how COVID-19 has changed Real Estate today. It’s important to have accurate information regarding the Real
Forbearance, Short Sales, Foreclosure
The truth about Forbearance, Short Sales, and Foreclosure. With the current market and state of the world in flux, we want to make sure you understand what Forbearance, Short Sales, and Foreclosures really are. With the Federal Government placing a hold on Foreclosures it's important to understand your rights.
Forbearance - Diverting payments for a month or even up to 6 months. You still owe the bank the payments and you'll have a balloon payment at the end of your term. Short Sale - Paying the bank less than what's owed. This takes time and an owner must prove why they can't make the payments. Foreclosure - When the bank sells your property at auction due to non payment.
Troy earned his first Real Estate Salesperson License in 1988 while living in his home state of Michigan. Being young and ambitious, his career began with Century 21 in Westland, Michigan, where he fo....