San Marino, South Pasadena, Pasadena, Temple City, and Arcadia Real Estate - Mark Cheng, IRN Realty

Continued from Short Sales, Part 1: Taking Advantage of the Buyer's Market Why Work with a Short Sale Expert? When it comes to purchasing short sales, INFORMATION IS KEY. Work with an agent and company that is experienced in short sales to maximize your chance of a smooth, successful transaction....

What is a short sale? Pre-Foreclosures, also known as short sales, occur when the selling price of the home minus all closing costs amounts to less than the total loan amount (the first and if second mortgages combined). This differs from foreclosures which is when a buyer fails to pay his or her...