What Is Short Sale?Foreclosure on a home has consequences for the family, the community, the housing market, and the economy. However, the option for a short sale provides a way for troubled homeowners to prevent foreclosure and many of the dire penalties involved. If you're a buyer interested in a South Bay Ca short sale, let us guide you through the whole short sale buying process.
A short sale is not a typical real estate transaction. There are many parties involved in a short sale. The short sale process can be difficult to complete without a qualified Realtor to guide you and act as a liason between all of the parties involved. Homeowerners agreeing to a short sale should also consult a tax expert and obtain the services of an attorney to help protect themselves from any future claims by the lender
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Based on information from California Regional Multiple Listing Service, Inc. as of February 27th, 2015 at 7:05am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.