Fewer Strategic Short Sales

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From DS news



<http://dsnews.us1.list-manage2.com/track/click?u=59816bad6939d5a7dd87e45a5&
id=216385bb02&e=ebe71b748c> Market 'Snapshot' Reveals Decline in Strategic
Defaults


The phenomenon of strategic default has become a growing concern within the
industry, but a new "Market Insight Snapshot" released by Experian Thursday
suggests the percentage of mortgage defaults involving borrowers who decided
to simply throw in the towel is trending downward. Since strategic defaults
hit 20 percent of all mortgages 60-plus days delinquent in the fourth
quarter of 2008, they've come in below that mark ever since, according to
the study. By mid-2010, the share of intentional walk-aways was 17 percent.
<http://dsnews.us1.list-manage.com/track/click?u=59816bad6939d5a7dd87e45a5&i
d=6d973fb54d&e=ebe71b748c> > Read More

-sunil


SUNIL SETHI REAL ESTATE

Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive)
38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536
Cell 510 388 2436 / Fax 510 431 9046

<http://www.sunilsethi.com/> www.sunilsethi.com

CA DRE#: 01173766

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