Glendale Short Sale Realtor®
What is a Short Sale?
A short sale is a type of real estate sale that can occur when a home owner who is typically in some type of financial hardship and must sell their property, and they are in a negative equity position where the proceeds from the sale of the home, after all expenses, are not enough to satisfy all loan balances and fees. In a short sale, a lender or lienholders agree to accept a lower payoff amount than what is owed on a property in order to cut their losses and avoid a typically inevitable foreclosure.
How is a short sale to my benefit?
- You pay nothing to do a short sale. All sellers' closing costs and fees are paid by your lender, including our traditional real estate brokerage fees.
- A short sale can typically stall the foreclosure process, giving you more time in your home
- Lenders also give relocation money and incentives in order to complete a short sale
- A foreclosure can damage your credit for up to 7 years whereas a short sale has a much less negative effect, and you can typically be eligible to purchase a home after two years.
- A foreclosure is on public record, and has a certain stigma behind it that can be difficult to escape.
- A foreclosure can effect current or future employment, especially if you are in the government or financial sectors.
- Your home gets sold and you can move on with your life and get a fresh start
How do I qualify for a short sale?
The first step to qualify for a short sale is to contact us and either fill out the form below or give us a call at (877)737-4903. We can usually pre-qualify you in just a few minutes and answer any questions you have as well. If you live in the Glendale area, In order to qualify for a short sale, usually you must be in some type of financial hardship. Your lender will ask you to get together documents in order to prove to them that you are in a position financially where you must sell your home soon. Some examples of hardship include -
- Relocation / Transfer
- Death of a family member
- Repairs needed with no money to do so
- Loss of income
- Increased Living Expenses
- Sickness / Medical Expenses
- Job loss or loss of income
- Divorce or Legal Separation
In a short sale your lender pays all traditional seller closing costs, including your real estate brokerage fees. There is no cost to you to do a short sale! Experience is everything when it comes to choosing a short sale Realtor® in Glendale, CA. We have closed literally hundreds of short sales and have the experience necessary to guide you through the process and protect YOUR best interests in the transaction.
Qualify today (877)737-4903
What Happens if my Short Sale is Unsuccessful?
When you use our agents, a foreclosure should be one of your least concerns.Our success rate is over 97%. In addition, lenders do not want to foreclosure unless they have to, and will typically delay the foreclosure if you are working with our agents to do a short sale. Provided you are in a financial hardship and unable to pay, and you cooperate in the marketing and processing, the chances of your short sale closing and you receiving full forgiveness of the debt are extremely high.
Can my current agent in Glendale help me?
Unforutunately, the answer is likely "NO". Experience is everything when it comes to short sales, and most agents do not have the expertise to effectively navigate the process. The average Realtor within our company has closed over 50 short sales. Don't trust your financial future to an agent who has only closed a few short sales or an agent who is marketing themselves as an expert or specialist after taking a short training class. We will perform all of the tradition duties of a real estate agent including the marketing and sale of your home, and also guide you through this difficult season while simultaneously working directly with your lender to get the short sale processed, approved and closed in a timely manor. Do yourself a favor and at least speak to one of our agents first before making any decision. While a short sale is the best long term solution in most casesm it is not the best alternative in every circumstance. Go here to view the other options that might be available to you if you are in financial hardship.
Fill out the form below or give us a call to discuss short sales morein depth and if a short sale could be the solution to your problem. Our local Glendale short sale specialists are waiting to speak with you and get you pre-qualified for a short sale today.
Glendale short sale specialist areas of Service
We have agents in our group who work short sales all over the general Los Angeles area. Our agents work in every neighborhood and community in Glendale CA including: Adams Hill, Brockmont, Chevy Chase, Citrus Grove in Glendale CA short sale specialist Realtors, City Center, College Hills, Crescenta Highlands short sale help, El Miradero, Emerald Isle, Fremont Park, Glenoake Canyon, Glenwood, Grand Central, Grandview, Greenbriar, Mariposa, Montecito Park, Montrose, Verdugo City, Moorpark, Oakmont, Pacific, Edison, Pelancon,i Rancho San Rafael, Riverside Rancho, Rossmoyne short sale specialist in Glendale CA, San Gabriel Mountains community in Glendale, San Rafael Hills short sale specialist, Scholl Canyon short sale help, Somerset, Sparr Heights,Tropico, Verdugo Mountains, Verdugo short sale specialist, Viej,o Verdugo, Woodlands, Vineyard, Whiting Woods, Woodbury. Contact us today at (877)737-4903 to connect with a local Glendale CA short sale agent to offer free help with this process. As your Glendale short sale specialist Realtors we are here to walk you through this entire process and process the short sale with your lender as well.
Most lenders are using the Equator short sale platform to process their short sale files, including Bank of American, Wells Fargo, and Chase bank and many other major lenders. Our agents are Equator certified short sale agents and are experieced with the Eqautaor short sale platform. If you need help, call us and simply say "I need help to short sale a Glendale CA home" or "Help me short sale my Glendale California home." Our Glendale short sale experts can help avoid and foreclosure and save your credit and financial future.
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