The Short Sale Process-

How we List & Sell your Home as a Short sale

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We help you complete the necessary documentation your bank needs to start the short sale process. Then we'll take over communications with your bank, giving you immediate relief from their phone calls.

Each bank is different with what they require and their time lines vary.

Munson Realty has excellent communication with most major financial institutions and a deep understanding of how they process their short sales.

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We will begin the marketing process, just as though it were any other home for sale. We do NOT indicate to the general public that this is a short sale. See our marketing program.

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We obtain an offer from a willing buyer, usually within the first few days, thanks to our aggressive marketing plan.

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Your lender will begin the short sale approval process. See short sale time lines.

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Once your short sale is “approved” the normal escrow period begins.

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Closing: Once the buyer's loan funds, the property is recorded into their name and is no longer your responsibility. Congratulations, your short sale is complete and you are free to rebuild your life and your credit! See rebuilding your credit.

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What you can and should do now if you think you are going to short sale:

• Gather Financial Documentation including: Tax statements, paycheck stubs, medical bills, mortgage statements and anything you think you will need to support your Hardship case.

• Contact Legal, Tax and Financial Professionals for their advise on how the short sale will effect you in each of these areas.

If you think or believe you qualify for a short sale, Munson Realty, your Los Angeles short sale agents are here ready to start the process of a short sale for you so please contact us immediately at 626-376-9732. There is no fee for a consultation.

Munson Realty's Los Angeles short sale agents are group of real estate/property advisers, escrow agents and title representatives with the intention to streamline the process of a short sale. Our goal is to create a win-win scenario for “you”, the homeowner and your lender. Our team of experts has helped countless distressed sellers through the stressful threat of foreclosure.

Our Los Angeles short sale agents close short sales and save homeowners from foreclosure where others fail. We will be very direct in telling you that we cannot guarantee we will save you from your “auction sale date” but we do have a 92% successes ratio. To date, the only reason we have not been able to successfully close on a short sale is because the seller has reached out to us too late.

In California, you have approximately 90 days (may vary from lender to lender) from the Notice of Default filed by your lender for property to be sold at property auction.

Starting the process of a short sale now can stop foreclosure. If your intention is to stop foreclosure through a short sale then it is important that you start the short sale process sooner rather than later.

On a personal note: We have friends and family who have experienced the hardship of having to Short Sale their homes. It is not an easy decision but once the process is over, there is such a feeling of freedom that will allow you to have a more productive life and eventually be able to enjoy home ownership again if you choose to do so. Before you do anything else, let go of any negative judgment you have about your situation. We all experience challenges in life. Many of the worlds most successful people have had much larger challenges than you are probably going through right now. Like them, you must detach emotionally and realize this is a business decision and indeed, this too shall pass!

Copyright © 2012 By Stephen Munson-Munson Realty, Los Angeles short sale agents|Short Sale Process.