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.
Amazing opportunity to own a piece of heaven in the heart of Yorba Linda. This home features 4 bedrooms and 3 baths, has over 2700 sq ft of living space and sits on a lot over 40,000 sq ft. There is also a guest home that is over 900 sq ft. The value here is in the land. You can build your dream home and we have the plans and designs created for you. The home/lot is situated in a quiet, peaceful area right next to award winning schools and
Short Sale Opportunity to buy in highly sought after "Serrano Heights" Neighborhood! Entertainer's dream home floorplan! Located on a quiet cul-de-sac street, this 5 Bedroom /4 Bathroom home sits on a large 7673 SF lot with 3885 SF of living space. Dramatic archway entrance leads you through double doors unveiling the formal entry with a grand curved staircase and cathedral ceilings. Some of the home amenities include gorgeous
Short sale is approved at $870,000!! Cash only and quick escrow!! Major fixer home and all major systems need to be replaced including heat, air, roof, windows, flooring and more. The pool is empty and needs major work and pool equipment need to be replaced. This home in present condition will not qualify for a conventional loan. Upper level of this amazing lot consists of the home with three car garage, pool, patio and huge RV area. The
Delightful 3 bedroom, 2 bath Single Story home situated between California State University Fullerton and Fullerton Junior College. This quaint, yet charming home sits on a quiet street, shaded by the many trees that line the sidewalk. Featuring over 2200 square feet of living space with TONS of storage, this home offers a front driveway, a large sunroom, 2 fireplaces, a storage shed and a detached garage with a lovely backyard that opens up to
Great Location in Anaheim Hills!!! Home is in need of repairs in order to really make this place shine. This is a 4 bedroom, 2.5 bath split level home with a great layout both inside and out. It just needs someone to come in and truly bring it back to a new standard. There is a pool and spa in the backyard that need to be repaired...but the home can be an excellent place to entertain. Come out and see the potential....
PRESTIGIOUS AREA IN THE CITY OF BREA: YES, WHAT A VIEW!!CITY AND MOUNTAINS. AWARD WINNING SCHOOLS IN PRIME AREA, AMAZING ROCK WATERFALL WITH LIGHTING!!!. Excellent Single story home has some upgrades with lots of potential, beautiful entrance, Crown molding, real hardwood floors, custom flagstone through out the front exterior of this home. Enjoy the night views of the community from living room. This home has a huge custom exterior staircase
**LOCATION**LOCATION** This home is walking distance to Disneyland and shopping centers. Easy access to the 5 freeway. Great for investment for first time buyers or investors. 4 bedroom 2 bath BEST PRICE IN TOWN!
Gorgeous gem located in Fullerton with so much charm and curb appeal! Open floor plan with 3 bedrooms and 2 beautifully remodeled bathrooms! Galley kitchen with dishwasher and dining area, fresh interior and exterior paint, solar panels, central A/C and furnace and so much more! Lush backyard with a covered patio, beautiful greenery, above ground spa and gazebo cover! 2-car garage with laundry hookups and a large driveway with plenty of parking.
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 14th, 2018 at 1:58pm 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.