See our Short Sale Myth number Four as we share how some real estate consumers mistakenly believe Short Sales are Impossible and Never Get Approved! Fortunately, this is a myth! We are continually closing short sale transactions for home buyers and sellers throughout Southern California. Take a look at the video and read below to find out more!
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? Certainly! Are short sales impossible? Absolutely not. This myth short sale myth number four 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 hear is, they never even tried! They assumed there wasn’t 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 upon but could have been prevented.
Suggestions for anyone in trouble with their mortgage:
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. Matt Gregory leads our Gregory Real Estate Group team and he is an experienced Certified Distressed Property Expert!
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.
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 iRealty Los Angeles for a free consultation. 661-347-6955.
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!
We hope we’ve cleared up any misunderstandings and consumers understand Short Sales are Impossible and Never Get Approved is only a myth!