Subscribe to PostsGood Morning and Happy 4th of July (almost)!
Matt Gregory, A CDPE or Certified Distressed Property Expert and a top Keller Williams Agent, continues our Santa Clarita Short Sale Myth series with Myth #4. Take a look at the video and read below to find out more!
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It is false to believe that Short Sales are impossible and never get approved. Especially here in Santa Clarita. Are short sales more difficult to complete? Yes. Do you, as a homeowner, need to learn about a new process? Yes. Are they impossible? Absolutely not. This myth is one of the top reasons why homeowners get foreclosed upon. When I come in contact with a former homeowner in the Santa Clarita Valley who just had their home foreclosed on, my question to them is always why? What happened? Did your short sale not get approved? The very sad answer I often get is that they never even tried. They assumed they did not have enough time to get a short sale approved and just gave up. Or even worse, they did not do their homework and hired their family Realtor who was not experienced in the short sale real estate market. These are costly mistakes that could force a homeowner to be foreclosed up and could have been prevented.
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Here are my suggestions for anyone in trouble with their mortgage:
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Contact a real estate professional that specializes in the short sale market. Look for agents that hold a certification such as the PSC certification Pre-Foreclosure Certification) or the CDPE designation (Certified Distressed Property Expert). Short sales need to be handled very carefully by an educated individual.
Agents with the Certified Distressed Property Expert® (CDPE) Designation receive thousands of short sale approvals on a monthly basis. These professionals have undergone extensive training in methods to help homeowners in distress and process short sales. While there are no guarantees in any transaction, more and more short sales are being approved regularly. This is far from an impossible process.
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Currently, Forty percent of Santa Clarita real estate market are short sales. If you are looking for a Realtor that specializes in Santa Clarita Valley short sales, please contact Certified Distressed Property Expert Matt Gregory with Keller Williams VIP Properties for a free consultation. 661-713-4799.
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Remember, do not give anyone any money up front for a loan modification. Avoid the Forensic Loan Audits. They cost $3,000. to $5,000. and there’s very little chance for it to be helpful. Avoid SCAMS! If it sounds too good to be true, it probably is!
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Have a great 4th of July weekend!
