Our Short Sale Agents Are knowledgeable & Know How To Short Sale In Even The Most Difficult Of Circumstances. We Have Helped Hunderds Of Homeowners Find A Successful Alternative To Foreclosure & A Fresh Start.
In Our Short Sale Section You Will Find All You Need To Know About Short Sales & The Short Sale Process
Equitable Realty & Services Employes Real Estate Agents & Brokers Who Have An Understanding Of Today's Marketing Technology. The Honesty & Integrety Homeowners Trust & Value With The Resources They Need.
In Our Real Estate Sales Section We Will Introduce You To Our Approach To Selling Real Estate In A New Era
Many Homeowners Are Being Turned Down for Loan Modifcations & Are Not Ready To Leave Their Home. Thankfully One Bank Is Developing A 3rd Alternative To Foreclosure That Will Allow Owners To Stay In Their Property.
In Our Mortgage To Lease Section We Will Keep You Informed Of The Latest Developments.
Obtaining A Modfication Can Be Tough. Much Of The Success Of A Loan Modfication Is Determined By How You Package Your File. We Can Help You By Correctly Packaging Your Application & Give You Tools To Help You Understand The Process.
In Our Home Loan Modification Section You Can Find Free Resources To Help Understand The Process.
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WHAT IS A SHORT SALE?
The definition of a short sale is a real estate transaction in which the property sells for less than the balance currently owed on the existing mortgage(s). Such cases involve underwater homes, or homes with current values worth less than the outstanding monies owed against the home. Requirements to repay the shorted amount can be addressed in the sale. Here in California, a mortgage lender accepting a short sale is required to forgive a homeowner of all debt.
HIRE AN EXPERIENCED SHORT SALE AGENT
Hiring a qualified short sale agent is the critical first step a homeowner should take in selling an underwater property. A short sale is a very intricate process which goes far and beyond the normal procedure of placing the listing on the MLS and advertising to find a qualified buyer. A short sale listing agent will also need to negotiate with a homeowner's bank(s), and successful negotiations require agents to stay in tune to the ever-changing short sale guidelines. A seasoned short sale specialist will put a homeowner in the best position to pay little or nothing when short selling their home, and will likewise work to have all of the homeowner's remaining mortgage debts forgiven.
See our Short Sale section for more useful information about your rights & the effects of a short sale