Posted on Jan 9, 2012 in Roseville and Sacramento Short Sale FAQs

Hi, I’m Mark Peek here with Keller Williams’ Real Estate. We’re Roseville and Sacramento’s leading short sale specialists. Have you received a notice of default on your property and are wondering if you are in foreclosure, has the bank foreclosed on you, and where you are in the process? Well, at the point you are now, if you have a notice of default filed on your property and you received certified letters and lots of details from the bank about the actual notice of default. You basically have started the foreclosure process, you’re on that way. The bank hasn’t necessarily foreclosed on your property yet. The next step is they are going to issue a notice of trustee sale. Now from the time that the notice of default is actually filed, the bank has 111 days to foreclose on your house. My recommendation is this, if you’ve received a notice of default on your property, you need to give me a call because you do still have options. We can get you out of the property; get you out from under the underwater mortgage that you’re in into a better situation. We can short sell your property in that time frame. If we wait too long past the notice of default and we get closer and closer to that trustee sale date, we’re closing the window of opportunity we have to avoid foreclosure.

So, if you have a notice of default on your property, give me a call or hit the start here button. I just need your property address and your phone number and I’d be happy to contact you. Again, I’m Mark Peek with Keller Williams’ Real Estate. We’re Roseville and Sacramento’s leading short sale specialists. Thank you very much and have a great day.

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