Benicia, CA homeowners have questions about short sales.  This week my business partner, Jenny, and I have been busy with listing presentations to distressed homeowners.  IF you are reading this, then you know the internet is full of advice, some sound and some absolutely bogus.

If you want to get straight answers, talk to a Benicia Realtor who has experience with helping homeowners with distressed properties.  Not someone who hands the paper off to an assistant to process or an outside firm.  Experienced means being engaged, knowing what recourse or non-recourse loans are, what a deficiency judgment is, knowing what your lender is requiring for a short sale or loan modification, and actually being the face the lender will negotiate with.  That is what we are paid to do!

That said, the biggest "AHA" for sellers this week was about the possible tax consequences of a short sale.  Most of the sellers we spoke with this week did not know about the possibility of getting a 1099 after a short sale.  We strongly urged them to seek their CPA's advice about the tax ramifications of short sales.  We also encourage sellers to talk to their attorney.  Information is king!

As Benicia Ca Short Sale Agents, what we do best is get your home sold for the highest price and work diligently to get the approval quickly so the buyer can move in.  There will always be Benicia Ca Short Sale questions asked and we encourage them!!  We love informed sellers who know the expectations in a short sale.

As of today (BARIES 9-30-10) there are 113 homes for sale in Benicia, CA.  21 are Foreclosures(REO) and 43 homes are short sales.  It is very important you select a Realtor who understands short sales and can navigate the transaction.  You won't be sorry and we have never had a client say they were sorry they waited for their short sale transaction to close.  They got the home of their dreams.

Benicia CA Short Sale questions are an important part of buying or selling a home.  Be informed and be educated!