Short Sale Specialist Help in Contra Costa County CA
When can I apply for a Short Sale on my Contra Costa County home?
Once your home has become distressed because of consecutive missed mortgage payments due to a financial hardship, you should start looking into qualifying for a short sale and staying far away from a foreclosure.
How do I get started with my Short Sale?
If you are reading this right now then you are one step in the right direction. You must first understand that a short sale is for a homeowner who is financially unable to carry out their obligation to pay for their home any longer due to their hardship, and not for the homeowner who is just looking for a way out of a legal commitment. When you are trying to apply for a short sale, you may be asked to type up a financial hardship letter giving exact detail to the hardship. Examples of hardships would be:
*Loss of employment or decrease in pay
*Death or illness in the family
*Relocation or job transfer
*Unexpected home repairs
*Divorce or separation
Along with your letter you will need to put together a Short Sale Package. I would strongly encourage you to contact one of our top Short Sale Specialists to help you get your package together!
What are my chances with my lender agreeing to a Short Sale over a foreclosure?
A foreclosure can cost a lot to a lender. A lot meaning, $58,000.00 and up. Lenders will also have to worry about the property deteriorating and the probability of vandalism due to the property being vacant. Those things can add up pretty quickly. Your lender in most cases is also looking for the most cost effective way out of the situation.
Will I be able to continue to live in my Contra Costa County CA home during the Short Sale?
The answer is, yes! You will not be asked to relocate until the short sale has been concluded. This will give you more time to focus on your future living arrangements.
How much work is involved in the Short Sale for me?
You will only be asked to provide, with the help of our agents, your hardship letter and the short sale package. From there, we will handle all negotiations with your bank as well as the progression involved in getting your home sold!
Can my present Realtor perform a Short Sale for me?
In most cases you are going to have to find an experienced Short Sale Realtor Specialist because most Realtors do not want to take the time to do a short sale, which leaves them inexperienced. Inexperience during a short sale could leave you even more uneasy and frustrated. Our agents frown upon Realtors who do not take the time to be compassionate and understanding with homeowners in crisis. Our agents specialize in short sales and have memorized all the fine print in order to be able to confidently carry out a short sale and keep our clients positive. I encourage you to, please, let this be your last stop. Let us help you get your short sale closed successfully!