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Is a short sale right for you?

By
Real Estate Agent with Evergreen Realty & Associates

The term “short sale” is now very common in Southern California’s real estate market, and although not everyone may understand completely what a short sale is, most people have heard the term at one point or another. The truth is, a short sale can be an excellent solution for those homeowners who find themselves in a stressful situation where they need or want to sell their home now, but owe more money against their property than it is currently worth.

At the same time, a short sale transaction can be quite complex and is completely different from a standard home sale. Consequently, it is very important that you understand all of the facts, whether you’re a current homeowner facing the possibility of a short sale or even a perspective buyer looking to purchase a new home in today’s short sale market. Bottom line, if you’re considering a short sale, it is imperative that you choose to work with a real estate professional that has been certified and trained to work with short sale properties.

The Southern California Short Sale Association® (SCSSA) is a network of specially-certified and licensed real estate professionals dedicated to assisting those homeowners who currently find themselves facing financial hardship. All agents are required to hold the Certified Distressed Property Expert® (CDPE) designation, which is given only to those select agents who have gone through a rigorous short sale training process. There are many variables to consider when deciding whether or not a short sale is right for you – in some cases it may not be the best option. Our certified agents will provide you with the information necessary to help make an educated and informed decision.

For more information on Orange County short sales, or to contact a certified short sale agent in your area, please visit www.ShortSaleAnswers.org, or call 1-866-338-4933.

Paulina Finorio
Mission Viejo, CA

Thank you for the informative blog post. It's great when one specializes in a particular area of real estate. I look forward in reading more of your blogs.

Dec 09, 2012 05:58 AM