Rancho Cucamonga Short Sales and Foreclosures

Rancho Cucamonga Short Sales are on the rise. Here in Rancho Cucamonga we currently have 120 Short Sales on the market. These Short Sales range in price from $54,000 to $1,099,000.

What is a Short Sale you ask?

Short sale is also known as a real estate short pay-off or a pre-foreclosure workout, a short sale is an agreement with a lender to accept less than the amount owed by a borrower via a sale of the property to a third party. With this agreement, the lender releases the borrower from the mortgage, thereby preventing foreclosure. Just remember patience's in required during the short sale process, but could be beneficial to both parties in the end.

For more information on Short Sales, email myagentsabrina@gmail.com.