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California Short Sales and Short Sale Information

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800-546-2289

Short Sales Defined- A short sale is real estate transaction whereby the current lender (s)   agree to allow the owner to sell the property for an amount less than the current mortgage. 

California short sales are different than equity sales: Short sales are more complicated and time consuming than an average real estate sale, making it important to retain an experienced real estate professional to oversee and negotiate the transaction.  Short sales are being pushed as a win-win situation since the bank gets something, and the homeowner avoids foreclosure.  The process is not necessarily complicated but they do require some work on your part and the part of your agent.  Short sales are one of many ways of stopping foreclosure of your home, and they are advantageous to all parties in involved.

Benefits of a short sale The theory behind short sales is that banks would be better off to accept a loss now, versus going through the legal expense of a foreclosure, just to end up selling it for less later.  The benefit to both parties are that the homeowner doesn't suffer the credit impacts/stigma of foreclosure and the lender can clear a non-performing loan without the associated costs of foreclosure, eviction and property rehabilitation.  A short sale is a viable alternative to foreclosure when foreclosure is imminent and unavoidable, property values do not support a price sufficient to pay the loan in full and the borrower will not receive compensation from the sale.

Many loan officers and Realtors say they know a lot about short sales, but don’t know how to the short sale process works or even why a short sale is a better alternative to a foreclosure.  A short sale is an extremely important transaction that should be handled by a trained and experienced professional.  By achieving the designation of  CDPE (Certified Distressed Property Expert) and as a Realtor® that has successfully closed Orange County short sales, as well as short sales in the counties of Riverside, San Diego, Los Angeles, and San Bernardino, our broker has the training and the experience you need in order to guide you through this process.  Your first step is a phone call to discuss your situation and to evaluate your available options.  Please call today 800-546-2289 to discuss your unique situation.

Dawn Anderson ABR, CDPE, SFR, RDCPro, SRES, e-PRO
Broker- Midas Realty Group
CA DRE License #01258205
Phone-  800-546-2289 Fax- 714-279-9870

Current California Short Sale Listings by Midas Realty Group

 

 

 

 

orange county short sale, california short sale expert

 
Short Sales are no longer uncommon

Because of the economy and the current California real estate climate, short sales are becoming more necessary as homeowners try to move on, start over and breathe easier!

 
Orange County short sale
California Short Sale Benefits A short sale can offer several benefits over a foreclosure.

 

Short Sale Hardship Letter

Notice of Default

 

Testimonials

"Thanks for all of your help you are very efficient with what you do and have been extremely nice and patient with us. I have nothing but nice things to say but to say about you and your company so don't worry once I come across some one that's needs you I will send them your way.
 
I still can't believe it. Everything went thru pretty fast..........."

Fanny B, Chino

 

"I can't tell you how scared we were. You made everything so much easier on us when you dealt with the banks for us.  We are forever grateful for the peace you gave us."

Scott H. Irvine

 

Getting Started with Your California Short Sale

 Your first step to find out about what a California short sale can do for you is to either Click Here to submit your short sale contact request form or give us a call give us a call at 800-546-2289.  You will be contacted a soon as possible with someone knowledgeable to answer all of your questions.

Orange County short sales and Southern California short sale specialist!