SHOULD I SHORT SALE MY LAKE ELSINORE HOUSE??
Short sales in Lake Elsinore are more and more prolific these days. A considerable percentage of the Lake Elsinore real estate market are short sales. Inventory changes every month, but over 60 to 70% of the homes for sale can be defined as short sale, short pay or distressed short sale houses or homes. So if you are asking ‘How do I short sell my house in Lake Elsinore’, you have come to the right place. We are Lake Elsinore Short Sale Agents, and we can help you negotiate a lower sale amount than you owe, negotiate with your mortgage bank(s), and sell that upside-down property.
What is a Short Sale Negotiator/Lake Elsinore Short Sell Agent?
We know how to read current Lake Elsinore house listings and Lake Elsinore real estate listings to determine the best price to offer your mortgage lender to ensure a short sale approval. Most banks and lenders do not want to foreclose because a real estate foreclosure sale can cost them up to $50,000 and more! Per property! When a bank forecloses, the home becomes bank-owned, or real estate owned, also known as a foreclosure. At that point the house is the responsibility of the bank, which means the bank is responsible for upkeep, interior and exterior damage, vandalism, utilities, and anything else that can cost the bank money or time. Not to mention there are many Lake Elsinore home listings for the bank to compete with when attempting a foreclosure sale.
Real Estate Short Sale Services in Lake Elsinore, California
If you want to know how to short sale your house in Lake Elsinore (short pay my house), we are Certified Foreclosure & Short Sale Real Estate Agents and Lake Elsinore Short Sale Specialists (Lake Elsinore Short Sell Agents/REALTORS®), and we can help you. Get help from an experienced specialist who knows how to process, negotiate and successfully sell a short sale, and knows the effects on your financial health and credit.
Want to learn more about your specific Lake Elsinore short sale situation? Call or email us and let’s talk…
Or just use the Short Sale Help form below
and we will get back to you A.S.A.P.:
Each situation is different, and every Lake Elsinore house has variables that greatly effect a short sale and its potential short sale success. With our extensive short sale experience and knowledge we have developed a Real Estate Short Sale Formula that can help determine if you are a good candidate to short sale your Lake Elsinore home.
Just answer the simple questions below to the best of your ability and we will examine the details to give you our projection of your short sale success: