The above information comes from Foreclosureradar.com. It shows the average:
Time to foreclose in West Sacramento—
West Sacramento Short Sale Expert and Foreclosure Option Specialist Forth Hoyt Reports on West Sacramento Foreclosure Time Lines.
The average number of days between the filing of the Notice of Default and the final Foreclosure auction in Yolo County that occurred during the specified month-
Time to Resell—The average number of days between the final sale at auction and when the property was resold by the bank or 3rd party-
This graph helps to illustrate one of the most significant benefits of doing a short sale in West Sacramento– the time it takes to get a bad situation behind you through the foreclosure process is on average 382 days!!
That means that the homeowner went at least fifteen months without making a payment, fifteen months of credit hits… fifteen months of negative reporting on the homeowners credit report!
Our average time to do a short sale is three to six months on average, sometimes much, much faster: our fastest short sale was closed just 58 days from the time we took the listing to the time the sale recorded.
That means it is possible to do a short sale and the credit reporting agencies are alerted to the sale without ever having a late payment show up!
That’s 1/3 to 1/2 the time of the Average Foreclosure Time In Folsomo!
Want to know about your articular bank? More questions on your particular situation?
Can you qualify for a short sale? Do you have a hardship for a short sale? Can you qualify for government short sale programs?
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What about short sale relocation assistance? Get these questions answered here at Forth Hoyt’s Sacramento Short Sale Center. Take action, find out more about your options and learn if you are eligible. If your situation is urgent, or you have further questions, feel free to Contact us Today At Forth Hoyt’s Sacramento Short Sale Center