Welcome to Coldwell Banker and Anthony Zahler, A Winning Combination!

Anthony Zahler is a realtor with Coldwell Banker, which is the largest real estate company in the world and the largest seller of luxury real estate in North America. This web address has been created and maintained to provide home buyers, home sellers, home owners and anyone thinking about relocating to the tri-county area access to current and relevant information about El Dorado and Folsom Real Estate.

Please contact me for all your buying and selling needs. I work with buyers, sellers, developers, builders, and investors, everything from short sales to luxury and everything in between. I look forward to helping you make the important decisions in achieving your real estate goals and needs.

Short Sales Information

If you are facing financial challenges with your mortgage, you are not alone. According to a December 5, 2008 article by the Associated Press on MSNBC.com, 1 in 10 homeowners is in mortgage trouble. Here in California, 3.9 percent of all home loans are in foreclosure, compared with about three percent nationally, reports the MSNBC.com article. If you are among the 3.9 percent of Californians facing financial challenges with your mortgage, you do have options. In addition to loan modification, options for struggling homeowners may include foreclosure, deed in lieu of foreclosure, short sale and bankruptcy. Among these options, the one growing in popularity is the short sale, according to RISMEDIA’s article, especially since foreclosures can be so pricey for the banks involved.

What is a short sale and what is the benefit?
“Short sales are when the lender allows a distressed property to be sold at a price lower than the homeowner’s mortgage indebtedness, with the difference forgiven,” says RISMEDIA. The article went on to report that a short sale “also typically allows the new purchaser to buy into the neighborhood at a substantial discount, much more in line with the property’s true, current market value. In other words, short sales facilitate efficient clearing of the market.” Want more information, contact me today.

Only you and your legal and tax advisors can determine the right course of action for you.
If you do decide to proceed with a short sale, don't hesitate to contact Anthony Zahler today (916.667.6710).

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Anthony Zahler
AnthonyZahler@cbnorcal.com
916.933.1155 - Office
916.667.6710 - Cell

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