What Causes A Short Sale?
Sometimes a short sale is brought about because the homeowner borrowed more than he/she could afford to pay back and miscalculated his/her financial status. Often, the short sale arises because of an unforeseen change in the homeowner’s life, such as a long-term illness, disability, divorce or loss of employment, which has dramatically affected the person’s income such that the mortgage payments are no longer affordable
What are the Benefits of a Short Sale?
When a Short Sale is achieved, there will not be a foreclosure. A Foreclosure damages credit up to 7 years and bankruptcy up to 10 years. Many experts believe that a foreclosure is much worse than a bankruptcy.
Is a Short Sale right for me?
Mortgage lenders are increasingly willing to work with borrowers faced with a financial hardship to accept a discounted payoff on a mortgage. If you are faced with a hardship that makes it likely you will be unable to meet your obligation on your mortgage, your lender would prefer to settle the matter with you as opposed to taking the property through foreclosure.
As you consider the option of pursuing a Short Sale, remember your lender is looking to limit any potential loss on your loan. By completing a Short Sale, your lender has arrived at a solution that is, for them, much better than a foreclosure.
We have assisted over 400 home owners avoid foreclosure!! You will not be disappointed. 99% success rate on short sale lender approvals
Orange County Short Sale Queen
Ann Urias (714) 588-7676
short sale services located in Aliso Viejo, Anaheim, Anaheim Hills, Brea, Corona Del Mar, Costa Mesa, Coto De Caza, Dana Point, Fullerton, Foothill Ranch, Fountain Valley, Garden Grove, Huntington Beach, Irvine, Ladera Ranch, Laguna Beach, Laguna Hills, Laguna Niguel, Lake Forest, Mission Viejo, Newport Beach, Newport Coast, Orange, Orange hills, Rancho Santa Margarita, San Clemente, San Juan Capistrano, Santa Ana, Tustin, Tustin Ranch, Westminster, or any of the surrounding real estate areas.
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