loan mod: SHORT SALE Q & A ORANGE COUNTY SHORT SALE SPECIALIST - 03/31/17 07:10 PM
Brought to you by the Queen of Short Sales  Short Sale Q & A Q: What is a Short Sale?
A: A Short Sale transaction occurs when the lenders are paid a negotiated amount that is less than the actual principal balance owed.
Q: Why are the Banks Accepting Short Sales?
A: In a foreclosure, the lender incurs legal fees and may not take possession of the home for several months. When the lender takes possession, the condition is unknown, and the home will have to be sold regardless.
 
Q: How are the Selling Costs Paid?
A: In a successful Short Sale transaction the selling costs are absorbed by the lender.
 
Q: … (1 comments)

 
Ann Urias, Your Real Estate Concierge (Aston Group - Orange County Real Estate)

Ann Urias

Your Real Estate Concierge

Irvine, CA

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Aston Group - Orange County Real Estate

Address: 8 WHATNEY 100 , IRVINE, CA, 92618

Office: (714) 588-7676

Fax: (714) 384-3766

IRVINE HOMES FOR SALE, GREAT PARK NEIGHBORHOODS, IRVINE NEW HOMES FOR SALE, LAGUNA ALTURA, QUAIL HILL, OAK CREEK, WEST IRVINE, ORANGE COUNTY UPDATES, IRVINE REAL ESTATE


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