A Short Sale is a pre-foreclosure. Some of the short sales we handle in the Santa Clarita Valley, have not had a Notice of Default Filed. Some of the owners have not missed a payment – but the writing is on the wall.
As an attorney friend, Lou Esbin, of ours states, “the best time to inquire about a Short Sale is when the Sellers are current.” If you have missed a payment, you still need good advice and need to get into contact with a Short Sale Expert. Someone that has undergone the certification process with regard to Short Selling Homes and Properties. If you are the Seller that I mentioned, that has not missed any payments, but see that your payments might fall behind – contact us and we will put you into contact with the right sources of information.
Short Sales are nothing new – it is the way in which they are handled that is. There are government programs that provide assistance. But some of those programs are not helping “joe and jane” homeowner. In fact, some of the government programs do not seem to be helping anyone at all.
If you want to view all of the government programs – get to our MAC BOX resource and type in the words short sale help.
You can find our MAC Boxes on all of our Paris911 Re/MAX Resources – anywhere we are posting you will see, the soon to be more famous, MAC BOX. We have it set up for Buyers and sellers as well – type in anyone of those titles and you will be able to view very specific and on target intel.