Short Sales in Santa Clarita

Your Best Deal on Homes in Santa Clarita?

Short sales are often complicated and stressful, but can provide a win-win for both the buyer and the lender. The lender gets the highest possible price for a quick sale and the sellers have the potential for relief from deficiency judgments and possible legal actions.

A short sale occurs when a seller sells their property for less than the amount owed to the lender after sales expenses (like the real estate agent’s commission) are taken into consideration. For this to take happen, the lender must accept less than the full loan amount owed.

Bottom line: the home is sold, the mortgage is paid off and the seller avoids foreclosure or bankruptcy. However, it could effect your taxes and it is best to consult a tax advisor or attorney.

If you are in a possible short sale situation, or unsure of your choices, email me or give me a call at 661-259-5077. Though it can be tempting to let another agent tell you’d like to hear; but a straightforward, honest approach to doing business is the only approach I choose to use. You can rely on me to keep your interests and goals in mind.

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