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Should I Short Sale my house in Santa Ana, California?

By
Real Estate Agent with Re/Max Homes and Estates

Should I Short Sale my house in Santa Ana, California?

Should I Short Sale my house in Santa Ana, California?

This is the most common questions home owners have in their minds now a days, and the reason is very simple, unemployment is growing, lot of wage earnesr borrowers are seeing their wages reduce or limited. and the mortgage is either the same or about to become adjustable where most likely it will increase the monthly payment.

Lot of people is trying to get Loan Modifications or work outs with their investors, this is truly a good thing to do, actually I'd say, try it before you decide to put the house on the market, however, there are another group of people that prefer to sell the property.

While a short-Sale is an option to avoid foreclosure, let's make sure you understand that a Short-Sale is not the way to get rid of a bad investment, meaning, NOT BECAUSE THE HOUSE HAS LOST VALUE you qualify for a short-sale.

In order to qualify for a short-sale, YOU (the borrower) needs to have a legimit hardship that is or in a near future will prevent you from making your mortgage payment.

These hardships are not limited to financial hardships but it has to be in some how leading to it. For example, if one of the borrowers have become ill and is not able to work, that is a hardship, perhaps at this moment is not affecting you for making your payment but if the situation doesn't change it will.

There are other types of hardships that lenders find acceptable to negociate a short-sale.

AVOID FORECLOSURE, ALLOW A CERTIFIED DISTRESS PROPERTY EXPERT REAL ESTATE AGENT TO HELP EVALUATE YOUR OPTIONS

•v     Are You Going To Fall Behind Your Mortgage Payment?

•v      

•v     Have You Received A Certified Letter From Your Lender or Servicer?

•v      

•v     Are You Going Through Any Hardship Situation That Is Contributing To Miss Your Mortgage Payment?

•v      

•v     Are You In Pre-Foreclosure or Foreclosure Procedures?

•v      

•v     Have You Received Correspondence Of Notice Of Default?

•v      

•v     Is Your Company Relocating You Or You Need To Relocate?

•v      

•v     Not Enough Equity To Refinance or Sell?


No matter what your current situation is, my team and I are ready to help you overcome even the toughest situation.

Let's work together to analyze your current financial condition, prepare the BEST strategy to either keep your home or rescue your credit history from taking a great and LONG lasting DAMAGE.

We are specialist in this subject matter, you ARE not alone, and the worst you can do is not to call 714-955-1932. The call is FREE, the Consultation is FREE, Our help is FREE, Our ALLIANCE is FREE, BUT OUR EXPERTISE AND SUPPORT TO YOU IS PRICELESS.

www.orangecountycashortsale.com

DRE Lic# 01706745

What Benefits Will You Get After Working With Us?

THE NUMBER ONE "UNO" BENEFIT IS

You will be calm and stress FREE

•·       IF You Decide to Sell:

•·       You Credit will take less Damage than if you wait to be foreclosed.

•·       You will be able to buy another home is 2 years instead of 7.

•·       You will save thousands of dollars in credit cards and other loans interest rates.

•·       We are in control of the sale transaction.

•·       Your lender will pay our commissions.

•·       YOU WILL SAVE YOUR PRIDE

 

Call Carl Morales today at 714 - 955 - 1932 to schedule an appointment.

Not ready to call? Send us an email cmorales@ochomes-estates.net

TEXT Messages are WELCOME "714-955-1932"

 

Remember: You are not alone and we are here to help.

www.carlmorales.com

www.orangecountycashortsale.com

Comments (1)

Alix Pinzon
Open Mortgage, LLC NMLS # 2975 - Downey, CA
(562)743-6086

Santa Ana was the area with the fastest rises in home prices, and is now the fastest to fall.  If there is ever to be any attempt to understand why the mortgage bubble happened, this would be ground zero.

Nov 09, 2009 07:38 AM