Ann Arbor Short Sales are not going away.  See the report tracking approximately 65 percent of outstanding U.S. mortgages,ann-arbor-go-blue-barn1 the Office of the Comptroller of the Currency (OCC) and Office of Thrift Supervision (OTS) said lenders under their jurisdiction completed 30,766 short sales and 118,603 foreclosure sales during the third quarter. The full report details the break down of loans of sub prime, prime, arms, etc.  The bottom line is defaults are not going away. Delinquencies at the end of the third quarter increased to 3.6 percent of prime mortgages, up almost 20 percent from the previous quarter and more than double a year ago.  The lenghty report is /agent_files/wpimport/ftp/release/2009-163a.pdf.  If you are facing eminent missed loan payments or are late on payments, talk to us about your otpions.  Timing of your response is essential to the solutions you may have.  Call your Ann Arbor Real Estate Experts confidentially at  734-426-6669, or visit www.AnnArborShort Sale.com.  There are 362 short sales RES Map View-Multiple Prop in Ann Arbor Schools with average list price of $414,000.  To find the best deal for you, call us 734-669-0337 Find out what your Ann Arbor Area Home is Worth Search all listings in Michigan with pictures and tours...Free! Your Home Sold Guaranteed Kathy Toth & Team: Ann Arbor Area Real Estate Experts www.KathyToth.com Ann Arbor Market Center Keller Williams Realty