Here is a serious of Short Sale Videos by Pasadena short sale agents Munson Realty to answer short sale questions. 626-376-9732 for fast service
Pasadena Short Sales FAQ s Pasadena Short Sales FAQ- 1-What is a Short Sale? A short sale is when the sale of a homes net proceeds do not fully pay off the existing mortgage loan(s) and the Lender is willing to accept a discounted payoff. The closing costs that are typically paid by the Seller are paid [...]
SB 458- Good news for Californians who need to short sale-California Governor Jerry Brown has signed SB 458 into law protecting California homeowners who must short sale their home from lenders pursing them after closing a short sale. The fear of losing your home to foreclosure is emotionally draining and totally unnecessary. In a few [...]
Short Sale Vs. Foreclosure-How Does Each affect your credit? There’s no doubt that you will take a hit to your credit score when you choose to Short Sale vs. Foreclosure. The implications are clear though, a short sale will impact your credit much less than a foreclosure. Here’s how the borrower or homeowners credit and [...]
How to short sale How to short sale your home. While a Short Sale is and excellent option for home owners that want to avoid foreclosure, it is by no means a “short” process nor is it something that can be done by yourself. You must enlist the expertise of a short sale listing agent. [...]
Short sale benefits Short sale benefits- Are there short sale benefits? Sure there are, in fact one of the largest benefits is avoiding foreclosure. Short sale benefits such as avoiding foreclosure are a motivating factor for many homeowners who are upside down on their loans. Their main concern (and rightly so) is escaping the huge [...]
Does short sale stop foreclosure Does short sale stop foreclosure -In Most cases is does and at the very least it slows it down long enough to give your agent time to put off the sale date in order to secure a buyer. Why is that? Because lenders know that a foreclosure is usually a far [...]
Knowing your foreclosure alternatives and where you stand can greatly reduce that stress and help you form a game plan that will help you avoid foreclosure.
