S“tay away from it!” advised the title company. The year was 2007—a year before I wrote “Confessions of a Short Sale Expert,” and my first year handling distressed properties. No one really knew what to make of the new trend called “short sales.” Something grabbed me in the pit of my stomach. Curiosity? Stubbornness? Probably both. It was on.
I took on the short sales of three different agents in the span of six months. Better me than them, they figured. Around the same time, a friend asked me to help with her “upside-down” house. She owed more than the house was worth, and couldn't afford the mortgage.
Now here I am. Four years and forty short sales later, still taking on the latest trends. Things have changed since 2007. Most real estate agents now know the term short sale. Investors now target distressed properties, because they cost 15%-25% less than other homes on the market. I'm now expanding my initial “Confessions” article to this mini-site.
I believe short sales will continue. For those of you who want to know the intricacies of short sales in the Reno-Sparks market, this mini-site will:
The more you know about short sales, the better chance you have of making the right decisions for yourself and your family. It's been a wild ride for me. I hope you benefit.
Let me know if I can help. I'm here for you.
Kind Regards,
Email: jsalcedo@chaseinternational.com
Office: 775-850-5900 ext. 136
Website: Renohomeblog.com

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"Joe was prompt, thorough, accurate, reliable, helpful and encouraging. It's people like him who make you want to come back for future business" - Chad Henton, Omgeo LLC
"If there is someone who should have listened to Joe but didn't, it is I. Joe told me I needed to sell by summer 2007, I thought the market was going to get better and decided to do otherwise. Learn from my lesson even if you don't agree with him, listen to what he has to say. You will not be disappointed." - Emily Abadia, Accountant
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