California Short Sales

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The Short Sale - Selling California Real Estate for less than the mortgage owed.

Simply put, a short sale is when the bank agrees to accept less than the total amount owed on a peice of real estate. A short sale is typically the last option available to a homeowner to redeem him credit and satisfy the loan after he has attempted to modify the mortgage. Recent statistics suggest that over 50% of modified loans redefault within a few months, prompting the lender to recind the modification and renew foreclosure efforts.

Win - Win

Foreclosure does not have to be the end result in these situations. A sucessfully negotiated short sale is a win-win for all parties. The homeowner is relived of the debt. The lender has saved tens of thousands of dollars on the cost of foreclosure and taken a bad loan off its books. A new homebuyer got a property at a bargain price.

We have assembled a team of professionals throughout California to assist homeowners in finding a short sale buyer for distressed properties, negotiating with the bank and following up with the lender in these transactions.

FILL OUT THIS SHORT FORM FOR A FREE CALIFORNIA SHORT SALE CONSULTATION

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