Before choosing to sell you Anaheim Hills property as a short sale, it is important to understand the process as well as the possible results.
Many homeowners are not aware that a short sale is a solution for their real estate woes. Lenders do want to help and it is a reason why a majority of homeowners who choose to sell via short sale are led to a REALTOR® by way of their financial planner or attorney.
During our initial consultation, we explain the details the short pay entails as well as conduct a reverse mortgage application. A lien holder’s biggest concern when deciding to accept a short sale is the current borrower’s financial situation. They also use the financial information collected to compare with the original application and determine if a hardship is present.
This is also done in order to evaluate the probability of the short sale going through, the chances of this homeowner getting a deficiency judgment and the likelihood of the lender asking the seller to contribute funds towards the short sale. It is important to discover the details up front in order to better serve you as well as to establish expectations and possible outcomes.
The initial consultation is an opportunity for you to ask questions as well as reveal or address any concerns. If it is known that fraud was committed when obtaining financing we will respectfully decline to assist in the short sale.
Items discussed are what do you hope to accomplish in regards to your real estate needs, what has changed since the home was purchased or refinanced, current income, expenses, assets, etc. Although the short sale can be approved without hardship but the homeowner is going to have to contribute to the sale.
Once it is determined that a short sale is the best solution in achieving your real estate goals we will begin the short sale marketing to procure a buyer.
We have been successful in obtaining lender approval for short sales. Contact Anaheim Hills Favorite REALTOR® today to a schedule a consultation.
Contact me today to receive a free special report on:
Squeezing Every Last Dollar From Your Anaheim Hills Home Sale In this report, learn vital tips and strategies that will help you maximize your return on investment when you sell your home. You’ll be amazed at how some seemingly insignificant repairs or renovations can pay big dividends when you do sell your home.
Luis Gallardo Anaheim Hills REALTOR®
TARBELL, REALTORS
(714) 702-0713 – Phone
Luis@LuisGallardo.net – Email
[...] Original post by Luis Gallardo [...]
[...] Original post by Luis Gallardo [...]
[...] Original post by Luis Gallardo [...]
[...] a consultation appointment with your REALTOR®. Share your goals, so your REALTOR® may outline the best course of action that [...]