Whena homeowner has to sell their home, and the proceeds from that sale are going to be less than what is owed the bank, then the homeowner's lender needs to approve of what is called a 'short sale'. 'Short' does not mean a short time, or a quick sale. Sellers, read more about short sales.
Beautiful home in an exclusive high end neighborhood. Home is up a driveway so it has privacy. The proeprty has Master Bedroom Suite, Large Pool, 3 Car Garage, fire place, and everything else that one desires.
A one-of-a-kind two story pool home. This could be a really big "sweat equity" opportunity if you're willing to do some work. The floor plan works great for shared living with a master suite upstairs and a second master suite downstairs. Upstairs there's a total of 1,210 sq. ft. of living space with a large master bedroom and two other large rooms that could be used as a home office, hobby room, or second family room. There's also an
This is a rare Short Sale in this area. THis one story house built in 1983 sits in Coyote Hills Estates. It has 3 Bedrooms and 2 Baths in about 6,500 squre ft lot and needs some interior and outside of work. A great opportunity for the investment. This sale is contingent upon all lenders/lien holders approval.
Charming and well-loved home on a raised foundation has 3 bedrooms and 1.75 baths, 2-car attached garage with automatic garage door opener, direct access and washer & dryer hookups. Ceiling fans in 3 bedrooms. The utility room with recessed lighting can be converted to a 4th bedroom. Beautiful hardwood floors in living area, hallway and utility room, ceramic tile in entry & kitchen, and wall-to-wall carpet in bedrooms. Living/dining
Investor and rehab opportunity! With some work this property has great potential. Property features 2 bedrooms, 2 bathrooms and 2080 square feet. The backyard features large, in-ground pool. This is a two story home, sitting on a large 7150 square foot lot. Walking distance to Sierra Vista elementary, shops, restaurants and close to the 57 freeway.
Great single family residence on the heart of Anaheim. This gem is perfectly located in the hearth of the great city of Anaheim. This home offers 3 bedrooms and 1.5 bathrooms with a 2 car garage attached. This one will need some TLC and it will make you sweat a bit. This home is close to schools, shopping centers, parks, golf course, freeways and much more.
Gorgeous town home in the beautiful Waterspaces community complex in the desirable Colony Historic District Anaheim. This property features 2 Master Bedrooms with 1.5 Bathrooms. It has 2 Balconies and a Wooden Deck to enjoy the tranquil waterfall pond steps away from the property. The spacious townhome features Ceramic Tiles, Wood Floors, Stainless Steel Appliances, Granite Everywhere and fresh paint. It also features a 2 Car Private Garage with
Selling Your Home Via A Short Sale
If you are in a situation in which you can no longer afford your home, are behind in your home payments, are going into foreclosure, then a short sale may be the best option for you. Your bank might approve of a short sale because the option of the foreclosure process can cost them a lot of time and money. Banks usually get more proceeds from a short sale than a foreclosure sale.
In a proper short sale, the bank would get the proceeds from the sale, and you would be forgiven the rest of the debt owed on the home. You will avoid a foreclosure and the bad credit that goes with a foreclosure. The closing costs of the sale will be absorbed by the lender -including sales commissions -- so selling the home short will not cost you anything.
What's the catch? You do have to qualify for the short sale. You need to have a financial hardship that makes you unable to pay your mortgage. The lender will want to see all of your financial info including bank statements, tax returns, and paycheck stubs. Financial hardships would include things such as:
Loss of employment, or reduction in pay
Death of a spouse
Health issues that prevent you from working
The first step is to list your home for sale so that we can start the process. We use a professional negotiator that has a ton of experience in assisting us with the bank negotiations. We will obtain an offer quickly so that the short sale package can be sent to the bank, and so that you are not inconvenienced by a bunch of buyers traipsing through your home.
To speak with real estate professionals that can best help you with the short sale of your house, contact Greg Haraksin (714) 883-3638 or Tony Leocadio (714) 673-7363 your Orange County Realtors®.
Based on information from California Regional Multiple Listing Service, Inc. as of August 17th, 2019 at 1:52pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.