Cost of a Short Sale

Core Logic, a leading provider of consumer research and real estate information recently published a study on The Cost of Short Sales.  Core Logic studied over 250,000 short sales over the past two years and report their findings in order to determine the trends, risks and opportunites that a short sale has on the mortgage industry and participants in the industry. 

They found that shortsales have triples since 2008, and more than half are in California, Florida, Texas and Arizonia. 

The Study further goes on to say that lenders are currently incurring losses at a rate of $310 million per year.  Find out more about The Cost of Short Sales There  you can download the full PDF after filling in your informaiton.    

Terry Kraemer
Prudential Gary Greene, Realtors® - Inner Loop
(713) 834-4649
terry.kraemer@garygreene.com
www.houstonhomeszone.com

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