Yes! Many of my current short sales are only 1/2 short!
What do I mean?
In the past, almost all of my short sales were way under water and involved two loans, a first and a 2nd trust deed.
With the real estate market here in Temecula CA recovering now, many of my short sale clients are coming to me still with two loans but only short on the 2nd loan.
Their question is always the same:
"Can I still do a short sale when I am only short on my 2nd loan?".
Yes, of course it's possible! In fact, it makes my job a bit easier. :)
You still need a hardship though. I have completed many Temecula short sales where my seller's have been only short with their second lender. The market has improved so fast here that with many of my short sales, we started out as short on both loans and by the time we got to closing only the second loan was short. Amazing!
You too can have a successful "half short sale"! Visit my website to find more helpful tips: http://RealtyWrks.com
Here, watch my video and find out how I, Sidney Kutchuk, as a top Temecula short sale specialist, can help you! Call me at 951-217-6745 today!
You can also watch this video via this link: https://youtu.be/2AKuoK9y0Vg