Short Sale Highlights



A short sale is not always going to be the best solution, but many times is.  Some of the benefits to a short sale over foreclosure include:

  • The homeowner avoids foreclosure and the massive credit damage that goes with it.

  • The homeowner has more control over the timing of the transaction and their move from the property.

  • The homeowner is able to avoid the embarrassment or stigma attached to foreclosure.  A short sale can be handled very discretely. To anyone not involved, the transaction looks no different than a traditional sale.

  • In many cases, the homeowner gets a full release from the lender and is not financially responsible to repay the loss the lender takes.

  • The transaction can be completed at no cost to the homeowner. The sales costs, commissions, title and escrow fees and most repair costs are all paid by the lender.

  • An amicable solution to a difficult problem. The homeowner wins by getting the home sold, getting the loan paid off and having the ability to move forward without a foreclosure on their credit. The lender wins by saving the added expense of the foreclosure process.













     

San Diego Short Sale Experts
Ph: 619-777-6716
2820 Camino del Rio South #316
San Diego, CA 92108 US
BRE License # 01384181 & CA BRE Broker License # 01885775.
www.sdshortsaleexperts.com