Short Sales | Orange County Short Sale

Orange County Short Sale Expert

Orange County Short Sale: A solution for homeowners upside down on their mortgage.

Orange County Short Sales

Orange County Short Sale Approval Process
1. List the home at a realistic sales price.
2. Have your agent contact the bank loss mitigation department and let them know you are listing the home for sale as a short sale.
3. Market your property subject to short sale approval by lender.
4. Negotiate the price.
5. Obtain an offer for your listing subject to short sale approval
6.. Begin the short sale approval process by submitting all required documentation to the bank or lender.

Top 5 Reasons doing an Orange County Short short sale is now easier than ever.

  1. Banks are now pre-approving Orange County short sale requests. Yes it’s true! You will actually get your Price approved before your home gets listed. Then all you need to do is get the home under contract and close escrow quickly.
  2. Banks are paying some distressed sellers to sell their home as SHORT SALES rather than Foreclose. Some banks will compensate sellers as much as $30,000 to cooperate with short sales.
  3. Banks will pay for seller closing costs. Sellers can virtually complete their Orange County short sales with no out of pocket costs. This is a huge relief to cash poor sellers that are behind on their mortgages.
  4. Debt ForgivenessWith the extension of the Mortgage Forgiveness Debt Relief Act, sellers will, will, for one more year, exempt the taxation of mortgage debt that is forgiven when homeowners and their mortgage lenders negotiate a short sale or loan modification (including any principal reduction). Sellers in CA can take comfort that C.A.R. is sponsoring SB30 which will conform state law to federal law regarding Mortgage Forgiveness.
  5. You can buy a home again in as little as 2 years. This is a big consideration as opposed to a 7 year wait when you allow your home to go into Foreclosure. Foreclosures remain on your public record for 7 years. Short Sales are not reported on a persons credit history. FHA – If current at the close of short sale, a homeowner may apply for an FHA loan immediately. If homeowner is late before close of short sale closing, will be eligible for FHA loan after 3 years.

Cities where we help with Orange County Short Sale requests

orange county short sale

Irvine short sales, Laguna Niguel short sales, Foothill Ranch short sales, Huntington Beach short sales, Capistrano Beach short sales, Corona Del Mar short sales, Dana Point short sales, Lake Forest short sales, Laguna Woods short sales, Laguna Beach short sales, Laguna Hills short sales, Aliso Viejo short sales, Newport Coast short sales, , San Clemente short sales, Trabuco Canyon short sales, Rancho Santa Margarita short sales, Mission Viejo short sales, Ladera Ranch short sales, Tustin short sales, Villa Park short sales, Costa Mesa short sales, Orange short sales, Anaheim short sales, Garden Grove short sales, Yorba Linda short sales, Corona short sales, Fountain Valley short sales, Placentia short sales, Chino short sales, Portola Hills short sales, Chino Hills short sales, Norco short sales, Whittier short sales, Buena Park short sales, La Palma short sales, Cypress short sales, La Habra short sales, La Mirada short sales, Stanton short sales, Artesia short sales, Lakewood short sales, Los Alamitos short sales, Seal Beach short sales, Sunset Beach short sales, Surfside short sales,Huntington Beach short sales, Laguna Niguel short sales, El Toro short sales, Foothill Ranch short sales, Capistrano Beach short sales, East Irvine short sales, Midway City short sales, Newport Beach short sales, San Juan Capistrano short sales, Silverado short sales, Westminster short sales, Ladera Ranch short sales, Santa Ana short sales, Atwood short sales, Brea short sales, Fullerton short sales, Norco short sales, Coto De Caza short sales, Dove Canyon short sales, Robinson Ranch short sales, Las Flores short sales, Nellie Gail Short Sales, Orange County short sales

Riverside County

Mira Loma short sales, Ontario short sales, Diamond Bar short sales, Camp Pendleton short sales, Fallbrook short sales, Riverside short sales, Lake Elsinore short sales, Murrieta short sales, Perris short sales, Menifee short sales, Sun City short sales, Temecula short sales, Wildomar short sales, Irvine short sales, Huntington Beach short sales, Laguna Niguel short sales, El Toro short sales, Foothill Ranch short sales, Capistrano Beach short sales, East Irvine short sales, Midway City short sales, Newport Beach short sales, San Juan Capistrano short sales, Silverado short sales, Westminster short sales, Ladera Ranch short sales, Santa Ana short sales, Atwood short sales, Brea short sales, Fullerton short sales, Norco short sales, Coto De Caza short sales, Dove Canyon short sales, Robinson Ranch short sales, Las Flores short sales, Nellie Gail Short Sales, Orange County short sales

Other areas:

Camp Pendleton short sales, Fallbrook short sales,

Orange County Short Sales


Summary
Orange County Short Sale: A solution for homeowners upside down on their mortgage.
Article Name
Orange County Short Sale: A solution for homeowners upside down on their mortgage.
Description
Banks are now pre-approving Orange County short sale requests for sellers
Author
Publisher Name
Madison Realty
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