Fullerton, CA

RE/MAX Homes & Estates

Pre-Foreclosure Division

(714) 588 -7676 ∙ www.orangecountyshortsalerealtor.com

If you are in a situation where:

• You lost your job

• Your Medical Expenses are too high

• Just went through/going through a divorce

• You are behind on your payments

• You have no equity

• You can't afford the cost of selling your home

• Your income has been reduced

• You are in foreclosure

WE CAN HELP YOU! It's easy and doesn't cost you any MONEY! Our services are Free!!!

WHEN THE DEBT EXCEEDS YOUR HOME'S VALUE... we can help is with a SHORT SALE.

Benefits of a Short Sale:

• Avoid Foreclosure

• Avoid Bankruptcy

• Reduced damage to your credit

• Postpone your foreclosure sale date

• A short sale will stay on your credit approx 3 years

• BE FREE of financial and emotional burdens!

We are licensed Realtors that specializes in avoiding foreclosure. We will NOT buy your home, but will assist you in selling your home quickly. The lender will cover all closing costs including Realtor commissions. We can make selling your home MUCH EASIER FOR YOU and lift much of the financial burden off your shoulders-- OUR SERVICES DOES NOT COST YOU ANY MONEY!!!

You can sell your property and lift the financial weight off yourself with the help of a experienced short sale Realtor. Re/Max Homes and Estates short sale division has closed over 120 short sales nationwide within the last year. We have a 95% success rate. Do not trust just anyone to handle your short sale. List your home with an experienced Orange County short sale Realtor.

Regardless of your current situation I am here to assist you, so call me today to help you find a solution! You have options which can enable you avoid foreclosure proceedings and escape the 10 year scar it will leave on your credit, therefore, your future. Stop the inevitable and don't face Foreclosure IF YOU DO NOT HAVE TO! Best of all with a short sale my commission will be paid by the bank, so you won't have any out-of-pocket expense!

www.orangecountyshortsalerealtor.com for more info or give me a call at (714) 588-7676

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Fullerton homes for sale are still at record low levels. This is partly due to a bad economy and partly due to depressed prices. Owners want to sell at fair market prices, and they now think that prices are depressed (still many of them are remembering what their house used to sell for). Fullerton real estate is very typical to all of Orange County and is a good "measure" of what is happening all over the county. Even people who may want to trade up are hesitant to put their home up for sale (and compete with the low ball short sales and REO homes). As of today there are only 195 single family homes for sale in Fullerton. Also at this time there are only 65 condos for sale in Fullerton. Fullerton real estate is highly regarded, but supply is so short that it may push prices up in the local community.

Check for comparable neighborhood prices at www.foustonline.com, Home searches will help you to see what the market is saying. Also review neighborhoods to get a comparison of the areas.

Fullerton real estate is still experiencing a drought of REO homes. In fact so much so, that most of the good deals (bargains) are accepting multiple offers at once. When that happens, the sellers will ask for "last and best" counter offers from all of the bidders. Not really the situation that any of the buyers want. It ultimately becomes a blind bidding war -- where you send in your best dollar offer price you can muster up -- and hope it is good enough, but fear that you may be overpaying. Buyers, especially for Fullerton real estate, want to purchase property without the fear that they may have been tricked into paying too much.

Check for comparable neighborhood prices at www.foustonline.com, Home searches will help you to see what the market is saying. Also review neighborhoods to get a comparison of the areas.

Any buyer that has been looking for a starter home in Fullerton or in Orange County for the past few months knows exactly how fierce this market is! 

If you are lucky enough to win the offer war as a buyer, then your next hurdle is with the appraisal.With values coming in so low because of out of area appraisers, short sales sold extremely below market value and everything else. We often bite our nails off hoping to get the "all clear" on the appraisal.  I was having a conversation with another Realtor today and she had a perfect way to explain it to our poor buyers and sellers who are just exhausted by the whole situation!

Market Value - This is the price that the market will bear.  When you have 40 buyers for a home, this will drive the market value up. If you end up with 10 buyers that are willing to pay $400,000 for a house, this becomes the "Market Value".

Appraised Value - This is the value that the appraiser will assign the property. Lately, I am hearing that lots of "appraised values" are coming in EXTREMELY low and it is hurting home owners that are trying to re-finance or sell their properties.

What it was worth in 2006 - Unfortunately this is the toughest. Every single seller (and I mean EVERY one) knows what their house WAS worth at the peak; yours truly included. No one is immune to this and it is really tough to sit down with a seller to talk about listing their home for hundreds of thousands less than it was worth then; especially if that is when they bought it. It can be heart breaking. 

That market will go up, it will go down and right now, it is just darn crazy!  The bottom line is that if you can make your mortgage, make it. At some point, it will go back up. It always has!

If you are a home owner and can't make your mortgage; there are resources available.  I am one and it won't cost a thing to have a conversation about it and it is completely confidential!________________________________________________________________

Cristal Drake – Fullerton Realtor (R)...At Your Service for all your Fullerton area real estate needs! Prudential California Realty - 714-423-7525. DRE#: 01272061. All information in my blogs is believed to be accurate but is not guaranteed. Copyright 2009 all rights reserved.

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