PRE-FORECLOSURE & SHORT SALES

CALL 626-616-9100 NOW
FOR IMMEDIATE ANSWERS TO ANY OF YOUR SHORT SALE QUESTIONS

We Are Short Sale Experts

Do you owe more than what your house is worth in today’s market?
Are you behind or about to be behind on your mortgage payments?
You may possibly qualify for a short sale.

It is more and more common for a homeowner to find themselves in a difficult situation when they are no longer able to make their payments, due to a variable interest rate that has changed, divorce, illness, job loss or a variety of other reasons.

NOTE: There is a huge difference between a short sale and a foreclosure on your record.

A Time Sensitive Real Estate Transaction

We arrange and facilitate the negotiating of your short sale with the best in the business!

NOTE: If the process isn’t handled 100% correct from the beginning, you will run out of time, and your home will go directly into foreclosure. This is not a standard real estate transaction – if the home doesn’t sell, you cannot just re-list it with another real estate agent. Once you stop making payments, the clock starts ticking. We share this with you, not to scare you, but so you know the importance of calling the right agent.

The Benefit Of A Short Sale Over A Foreclosure

If you participate in a short sale, and the company you hire successfully gets the bank to approve a “short price” of what is owed, your credit will only show 30-60-90 day late payments, contrary to an actual foreclosure on your record.

If you foreclose on your home, you will not be able to get another mortgage for as long as seven years.

If you manage to do a short sale, it is possible to get another home within a couple of years or less.

This requires your lender to take a discount on what is owed to them. Sometimes your lender will take as much as 20% or less than what is owed. If you have an FHA mortgage, your lender will send out an appraiser and can accept approximately 82% less than the appraised value.

We Work With Your Lenders

Why would a lender take less than what is owed to them? Because a short sale will save your lender the costly process of getting the home back in foreclosure. The foreclosure process for a bank is a very long process and usually a very expensive project for a bank. They will have to incur the costs of an attorney, maintenance of the property, sometimes mold issues, securing the property, real estate fees along with many other fees.

Real estate is very costly for a lender. Lenders do not want to become property managers, they want to lend money. While the house is left vacant, the house could be vandalized, and usually, the home will sell for much less than what it could sell for in the short sale process.

We are a team of real estate professionals who specialize in marketing pre-foreclosure homes for homeowners who are in this very situation. We work with your lender on your behalf to list and sell your home.

Do I Qualify For A Short Sale?

Your lender pays our commission
and also your closing costs.

Fill out the form to receive a
"Do I Qualify For A Short Sale" consultation.

Or you can contact us directly

Call us at 626-616-9100

Email us at victorandcarolina@gmail.com

Find Out If You Qualify. Contact Us Today!

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