Madison Realty- Jesse Madison, Broker

Home » Area Information » Orange County » Aliso Viejo » Top 5 Reasons doing a short sale is now easier than ever

Top 5 Reasons doing a short sale is now easier than ever

Top 5 Reasons doing a short sale is now easier than ever.

short sale easy

  1. Banks are now pre-approving short sales. Yes its 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 the short sale with no out of pocket costs. This is a huge relief to cash poor sellers that are behind on their mortgages.
  4. Debt Forgiveness. With 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.

Orange County Short Sale Realtor -Tips on Preventing Orange County Foreclosures, CDPE, SFR

short-sale help 1

If you or someone you know is in danger of losing their home to foreclosure…Contact Me Today!

Jesse Madison 949-306-8416

jmadison.realtor@gmail.com

Certifications:

CDPE, Certified Distressed Property Expert

SFR® Certified, Short Sales and Foreclosure Resource

Short Sale Help is here. Serving All Orange County Communities and surrounding areas:

Irvine, Laguna Niguel, Foothill Ranch, Huntington Beach, Capistrano Beach, Corona Del Mar, Dana Point, Lake Forest, Laguna Woods, Laguna Beach, Laguna Hills, Aliso Viejo, Newport Coast, , San Clemente, Trabuco Canyon, Rancho Santa Margarita, Mission Viejo, Ladera Ranch, Tustin, Villa Park, Costa Mesa, Orange, Anaheim, Garden Grove, Yorba Linda, Corona, Fountain Valley, Placentia, Chino, Portola Hills, Chino Hills, Norco, Whittier, Buena Park, La Palma, Cypress, La Habra, La Mirada, Stanton, Artesia, Lakewood, Los Alamitos, Seal Beach, Sunset Beach, Surfside, Mira Loma, Ontario, Diamond Bar, Camp Pendleton, Fallbrook, Riverside, Lake Elsinore, Murrieta, Perris, Menifee, Sun City, Temecula, Wildomar, Irvine, Huntington Beach, Laguna Niguel, El Toro, Foothill Ranch, Capistrano Beach, East Irvine, Midway City, Newport Beach, San Juan Capistrano, Silverado, Westminster, Ladera Ranch, Santa Ana,Atwood, Brea, Fullerton, Norco and more!

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, 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

Advertisements

3 Comments

  1. […] Top 5 Reasons doing a short sale is now easier than ever (madisonrealty.wordpress.com) […]

  2. […] Top 5 Reasons doing a short sale is now easier than ever (madisonrealty.wordpress.com) […]

  3. […] Top 5 Reasons doing a short sale is now easier than ever (madisonrealty.wordpress.com) […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

HUD Local Listing Broker for Orange County, CA
JMadison.Realtor@gmail.com
Direct (949) 306-8416
30012 Ivy Glenn Ste 200
Laguna Niguel, CA 92677

%d bloggers like this: