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Banks Want You To Fear The Short Sale - Bank Short Sale

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Uploaded by on Jun 16, 2010

http://homesbythehorn.com/
The banks want us to fear the short sale. At shortsalesdoneeasy.com, we place the fear on the bank. The bank has very few choices in the the short sale game. The bank does not want your home to go to foreclosure, they are in the business of collecting interest bearing payments, not selling homes. We as the consumer have fears when doing a short sale.

*We fear what is a short sale going to do to my credit
*we fear what our friends, family, co workers are going to think.
*we fear the banks recourse if we short sale.....are they going to sue me

We have nothing to fear but fear itself. In the Phoenix market our lives will go on if we short sale our house. Your credit will be affected, your ability to purchase another home will be affected. You will not go to jail, you will not be shunned from your community. In the Phoenix market, we have seen a 55% depreciation rate and we will probably see more. If I am fearing anything, I am fearing when this market is going to shift.

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