Indicating that there is no relief for buyers who purchased luxury homes with jumbo or alternative loan products such as negative amortization and stated income, San Diego short sale realtor Joy Bender has launched a campaign to educate high-end homeowners on alternatives to strategic default.

Bender, who currently works as a short sale realtor in San Diego and is affiliated with Trinity Homes and Investments, observes that 29.7% of all California homeowners are in an upside down equity position and an additional 4.6% at a near negative equity position. Many of these properties are vacation or investment properties.

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