Re/Max Masters Realty is there for consumers needing to execute a short sale Chino Hills, California

Is it time to short sell your home?

What is a short sale? A short sale happens when the amount of the outstanding loans are greater than the value of the home. This situation is typically caused by home prices in a market rapidly declining.

For many homeowners, a short sale is an ideal way to avoid foreclosure or bankruptcy when they can get the lender to forgive the difference.

What steps do I take in a short sale?

First, find out the true market value of your house. If your finances are already strained, hiring a licensed appraiser may not be an option. Therefore, an experienced local REALTOR^® that knows the current conditions of the Real Estate market is a smart way to get an accurate opinion of your home's worth.


	When you're ready to get started, contact me through my site or e-mail me. I'm glad to address any questions you have about real estate short sales.

Next, estimate your closing costs. The qualified real estate agents at Re/Max Masters Realty will account for fees such as title report, appraisal, escrow, property taxes, and agent commissions to calculate your final costs at closing.

Finally, get in touch with your lender and tell them of your situation. They may even have a dedicated team that manages short sales. Ask about their particular steps. Some lenders will be more inclined to work with you than others. They may be able to decrease how much you owe or make other arrangements. Your lender will have to agree to the final sale.

Re/Max Masters Realty 14760 Pipeline Ave. Chino Hills, CA 91709

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