shanNdjones June 8th, 2010

According to the most recent issue of This Month in Real Estate (June 2010), brought to you each month by Keller Williams Realty International, statistics just released by RealtyTrac show an overall decrease in foreclosure filings nationwide.

The reason for this decline could be that more homeowners are choosing a “short sale,” rather than defaulting on the mortgage (which typically results in foreclosure).

Check out the video for an overview of the short sale process.  Understanding the process increases the chances of success with a short sale.  For more information on recent foreclosure and short sales in Jackson County, click here.

• National Real Estate News
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