TRES REO A System Built For Speed 

About Short Sales

Banks and financial institutions are determined to find ways of avoiding foreclosure because of the extensive costs involved. Often times, they are empathetic to our circumstances and are aware of the many economic difficulties many of us are facing.

When facing the potential of losing a home, the owner may be faced with many emotional, mental and logistical challenges. Whether you own a home in Orange, Anaheim, Garden Grove or any other city you will want to seek the advice of a professional short sale specialist The following list outlines the various items we are prepared to address with you.

  1. Assist you with negotiations and offer Support
  2. Cut through the red tape with the bank
  3. Assess the value of the property and Assess the local market
  4. Provide you with Protective disclosures
  5. Review tax and legal ramifications
  6. Explore Advantages of doing a short sale vs. foreclosure or deed in lieu
  7. Discuss ways to Preserve and Improve credit which may be damaged
  8. Review Federeal and California Legislation
  9. Discuss plans to get you moving in the Right direction

Being forced to sell your home due to financial set backs may cause many unnecessary concerns. When making the decision whether or not to participate in a short sale, many sellers may refer to their Real Estate Expert for guidance. In addition, they may consult their Lawyer or Tax Advisor. Often times, homeowners may have questions regarding tax consequences or how the action may affect their credit standing. In addition, many are interested in knowing how long and whether or not they will be able to buy home again.

Banks prefer to avoid foreclosure

The primary issue for sellers is the question of whether or not their current bank will co-operate with them and if so, what will be required by the lending institution. Generally, banks prefer to avoid taking properties back as a result of foreclosure. Foreclosures can create many additional financial losses for the mortgage servicer, especially, in a declining market. In a typical foreclosure situation, the bank is forced to incur costs such as marketing, losses due to a depreciating market, legal costs including evictions and loss of interest income resulting from lack of payment. Banks are normally very eager to work out an amicable solution for the homeowner to reduce exposure to additional losses. The "Short Sale" can be a great advantage for your Lender.

Your Short Sale Specialist

As a professional in the Finance and Real Estate Industry for over twenty years, I have had experience dealing with loss mitigations and work out solutions on both ends. First, as a manager for a fortune 500 Company and Lending Institution, responsible for handling short sales. Second, as a Real Estate Professional representing my clients. With this experience the, short sale specialist  well equipped to engineer any short sale solution with confidence and knowledge. These characteristics will ultimately result in a Successful Real Estate Transaction. My primary goal is to facilitate a stress-free solution with your Lender. Allow me to use my expertise to navigate a favorable negotiation with your Mortgage Holder. Please remember, you may have many good options and we are here to help you. Please contact us today for a free and confidential consultation.