A short sale is an agreement between a homeowner and their mortgage company allowing the sale of a home for less that what is owed on the loan. Despite the fact the proceeds from the sale will not payoff the lender, the lender will release their lien to allow the sale, and in most cases completely forgive the excess debt.

Agreeing to a short sale is usually in the best interest of both the bank and the homeowner. The foreclosure process can cost the bank thousands of dollars. Additionally, the bank could have to pick up the home at the foreclosure auction and be forced to hold the property until they can sell it; adding even more to the cost of foreclosure. The homeowner avoids being kicked out and is allowed to move out of home on their own terms. They also avoid having foreclosure on their credit report and usually has the excess debt forgiven.

Our company facilitates short sales. We’ll market your property for sale, prepare all necessary paperwork, and negotiate with your bank. We’ll work to postpone the Trustee Sale as many times needed until we come to a favorable agreement.

We have many contingency plans to help ensure we get you the best deal possible. We are skilled and experienced negotiators.

Understand, however, results are not guaranteed. Anything can happen in a negotiation. Each particular situation is a little bit different. For a consultation regarding your specific situation please contact us.

Our short sale services are free. You pay no money out of pocket. We earn a normal real estate commission out of the proceeds of the sale. Since the homeowner is upside down, essentially, the bank is paying us.

To learn more about the process of foreclosure and the short sale process, continue browsing through our site or contact us via phone, e-mail, or through our contact us page. You can also visit our parent site GoldenStateRealEstate.com.

We provide a free no-obligation no-hassle consultation. We’ll look at where you are at in the foreclosure process and shoot you straight as to whether or not we can help you.