Shortsalesopedia is a Resource for Short Sales
For many homeowners, utilizing a short sale is an effective way to avoid foreclosing on a house, but the short sale process is not as easy as many think. This occurs when a lender allows a homeowner to sell his or her home at a lower price than the amount still owed on a home loan. Fortunately, there is a startup called Shortsalesopedia that exists to help people with the entire process of performing a short sale. It works to solve the problems of the many people who find the experience so convoluted that it can be extremely difficult to figure out, as there are few other resources available to give them the information and resources they need. A straight answer can be difficult to come by in discovering and working through the many technicalities, legal and otherwise, of real estate transactions. Shortsalesopedia provides an interactive website where people going through short sales can ask questions and get answers from hundreds of real estate industry experts.
Because Shortsalesopedia is a web-based service, users can access it anytime they need to without difficulty from a public computer or mobile device when they require system recovery for a home PC. Not just anybody in real estate qualifies as an expert, and considerations for being part of the site’s service to users include credentials, number of deals closed, and average dollar volumes of sales. Experts from every state handle questions about everything from the average time for a short sale, whether a homeowner can sell to a friend or relative, and how to choose the best agent for a short sale. There are also full, clear explanations of the meanings of short sale jargon.
There is no software involved with Shortsalesopedia and nothing to download to a computer or mobile device. Thus, users simply need to utilize the same Internet security measures they use for all their online interactions. It is not only an excellent resource for homebuyers, however, and many benefits come with serving as one of its several hundred experts. For those with expertise in the legal, mortgage, and title industries, it is a way of further developing credibility and potentially even a stronger client base. As someone providing users with the information they need in these fields, one can work to build his or her reputation as an agent. The more knowledgeable one proves to be, the more people will want to work with that professional. Whether a homeowner or an expert in real estate, it is clear that Shortsalesopedia is a great resource to use for both understanding and teaching short sales.
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