Read this before Doing a Short Sale!

by kevinjones on October 2, 2012

in Short Sales

Realty Professionals  805-474-7040  Read This Before Doing a Short Sale!  Are you aware that there are many types of liens and other obligations that are secured by Real Estate or Real Property?  There are Purchase Loans, Refi loans (which have different consequences based on situation), Home Equity Lines of Credit (HELOC), Contractor Liens, IRS Tax Liens, DSHS liens for unpaid child support, or other obligations like County Liens for unpaid Taxes and many more!

Listing Presentation 1 300x199 Read this before Doing a Short Sale!

Realty Professionals 805-474-7040

 

 

 

 

 

 

 

The type of debt owed, the lender(s) involved, amount of liens against the property and property type will determine certain aspects of the transaction and how that the short sale should be attacked and presented to the Lender(s) for their consideration of loss.  The basic premise of a Short Sale is “Hardship”, this can be described, considered and determined by many different factors in which we can go over with you, explain how they might apply to you and your situation.  Lastly Commercial Properties and Apartment Buildings are handled completely different from the more common Single Family Residence Short Sale.  Unfortunately there are also the Short Sale Scams out there, click here to learn more about some of the short sale scams and protect yourself against these predators!

RP LOGO 300x56 Read this before Doing a Short Sale!

Realty Professionals 855-955-SOLD (7653)

 

 

 

Other factors would be the type of loan, how many loans, are they with the same bank or different lenders?  The list can go on forever!  EVERY SHORT SALE IS DIFFERENT!  For more information and a confidential interview, Call a Professional today  805-474-7040 in Pismo Beach (Central California) 818-955-SOLD (7653) in Burbank (Southern California).

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Post by Kevin Jones

Realty Professionals 855-955-SOLD (7653)

Kevin has written 388 articles.



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