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Pros And Cons Of A Short Sale In Rancho Cucamonga

By
Real Estate Agent with (909) 476-9600 ~ WeLoveSellingRealEstate.com BRE# 01169000

Pros And Cons Of A Short Sale In Rancho Cucamonga


Buyers Don’t get tied up in a Short Sale contract that can drag on for months, costing you precious time and hard earned money!


The key to avoiding the Short Sale pitfalls and traps that plague many home buyers today comes down to one thing: Knowledge . . .

KNOWLEDGE IS POWER!

Discover Some of the Pros and Cons of a Rancho Cucamonga Short Sale

 

What are the most common Pros and Cons of a Short Sale?

Pros: Most banks will allow you to Short Sale your Rancho Cucamonga house if they believe that it will result in a smaller financial loss than foreclosing. For the home owner, the biggest pro to a Short Sale is avoidance of a foreclosure on their credit history.

For a buyer, the pro to a Short Sale is the property has probably been listed lower than market value to entice a fast sale giving the buyer the ability to buy a home in Rancho Cucamonga at a deep discounted price.

Cons: It can take time for even an experienced Realtor to push a Short Sale through. But if the Seller has an inexperienced Realtor list their Rancho Cucamonga Short Sale, the wait can go on indefinitely often resulting in the property going to Foreclosure after tying an unsuccessful Rancho Cucamonga home buyer up for months.

So Why Call the TCR Group?:  As a previous Asset Manager, our Team has a working knowledge of Corporate Policies, Procedures and Practices.

Contact us and benefit from the hands on Corporate experience and knowledge that our team has gained by having the unique advantage of being exposed to this dynamic industry from both sides of the perspective . . . As an Corporate Asset Manager and as Short Sale Listing Agents here Rancho Cucamonga and the surrounding areas. 

EXPERIENCE Doesn't Cost;
It PAYS!

Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Mykel - Knowledge is definitely power especially when it comes to short sales.  It is so important for buyers to understand what they're getting into...the pro's and con's.

Oct 25, 2011 02:27 PM
James Muhammad
RE/MAX Champions - Upland, CA
RE/MAX Vision

Mykel this is a straight to the point Short Sale Blog Post about Rancho Cucamonga. This report gives a wide perspective for buyers and sellers a like. Thank for sharing!

Oct 26, 2011 07:33 AM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Mykel,  Knowledge is power which ignites when applied.  Having knowledge and not applying it timely and/or correctly can be a deadly weapon. 

Oct 26, 2011 03:24 PM