Irvine Short Sale
Are you interested in an Irvine short sale? This type of real estate has become increasingly popular with both buyers and sellers, as it is an excellent solution for distressed homeowners to avoid foreclosure, lenders to recover as much equity from the mortgage and buyers to find discounted properties. The distressed property specialists at Good Neighbor Mortgage and Realty are ready to guide you through the unique process of enacting or purchasing a short sale.
A short sale is when a distressed homeowner will attempt to sell their home for less than the outstanding mortgage. While simple in concept, sellers must be aware that there is a lengthy negotiation and approval process with the lender as well as paperwork and due diligence that is best handled by an experienced professional. Buyers will benefit from the fact that short sales offer lower risk; while the discounts are not as substantial as those offered by a foreclosure, there are certain benefits such as being able to properly inspect the property as well as purchase it with a mortgage.
Irvine Short Sale Expert
Unlike typical Irvine, California homes for sale the process of a short sale is highly specialized and much more involved than a typical home purchase. Remember to work with a seasoned Realtor® and distressed property specialist when considering all types of distressed properties from foreclosures to Irvine, CA bank owned homes. A professional will make sure that every detail is covered so that your short sale is completed to your satisfaction.
To learn more about the Irvine short sale process, consult a proven and dependable source. Contact me, Brian Delbenes, today.