What Is A Strategic Short Sale?
By Los Angeles Short Sale Agents, Munson Realty
What is a Strategic Short sale? Traditionally an underwater seller must prove some sort of hardship like job loss, death of a spouse, illness or some other unfortunate circumstance to qualify for a short sale. But what about those who have no real hardship but have seen the value of their properties plummet…and as pure business decision want out?
Enter the “Strategic Short Sale”… in this video exert, Los Angeles short sale agent Stephen Munson of Munson Realty explains “What is a strategic short sale”-
Even though some homeowners can still make their payments and they have no other real “hardship”, they’ve decided to short sale their property. In essence they have “strategized” their way out of a declining investment. In this video we will briefly explain the strategic short sale, its pros and its cons.