Woodland Hills, CA (PRWEB) February 12, 2007
Millions of Americans are faced with the possibility of foreclosure but do not understand they have definite and trustworthy alternatives to save their house. Quick sales expert, Eli Tene is operating to inform distressed home owners of these viable options, the foremost getting a quick sale transaction.

“We have seen a wave of 100% financing, refinancing and cashing out beyond the true affordability level of the buyer in the last couple of years,” stated Tene, CEO of I Quick Sale Inc. “Buyers are taking money out of their properties as casually as if they were generating an ATM withdrawal.” Tene explains that, sadly for the buyer, payday comes at a time when they are least prepared for it. “Mortgages utilised to be up to 25% of your total revenue. We now see in several cases that the mortgage is 60, 70 and 80% of the buyer’s total income. There is no way to survive it. Any slight change in your life or revenue immediately affects your capability to pay,” says Tene.

I Quick Sale Inc. has noticed a dramatic boost in distressed house owners opting for a quick sale rather than letting their residence go into foreclosure. The true estate market is just now “catching on” to this wave of alternative and creative financing choices nevertheless, Tene has been facilitating brief sales for more than 16 years.

Most property owners who uncover themselves unable to pay their mortgage nevertheless have possibilities to preserve their home and protect their credit. Tene offers five guidelines that could save your property:

1.