Short Selling your Orange County Beach Cities home

As a general rule, a lender would rather receive payments for a home, rather than have it go to foreclosure.  Lenders are not in the business of selling real estate and many times will try to accomodate property owners who are having payment problems. The best plan is to contact the lender before payment problems arise to see if something mutually agreeable can be worked out.

However, if you have missed your property payments and you have not made alternate arrangements with the lender, the lender may decide to start the foreclosure process.  You may want to consider Short Selling your property as soon as you can after missing a payment. By selling your home as a Short Sale, you may avoid a foreclosure and be able to settle with the lender for the outstanding loan on the property. A Short Sale will have a negative effect on your credit, but it should not be as detrimental as having a foreclosure.

Deciding to Short Sale your home can be a difficult decision. It can be a severe financial burden for you, as well as an emotional roller coaster ride. Short sales can be a lengthy and a complex transaction. The potential buyer of your property may not wait for a response from the bank as it can take months to get a response to any offer. And, there is no guarantee that the lender will accept an offer for less than what is owed, especially the 2nd lien holder. That is why it is extremely important for you to work with professional and experienced agents who understand the short sale process,  who have closed short sales and who have contacts at various banks.

If you are anticipating listing your Orange County property as a Short Sale, The Hartanov Team has a specialized internal focused group of experienced Short Sale experts to facilitate and work daily on your specific transaction. We will keep you informed on the progress of the transaction through a secure, proprietary system.  You'll have a greater probability of success with your Short Sale by listing your property with The Hartanov Team.  You can find out more detailed information at Short Selling Your Home. 

Contact The Hartanov Team direct at 949.481.3739, or you can schedule a confidential appointment by filling out our Contact Form.  We work with sellers and have home buyers for the cities of Lake Forest to Laguna Beach, south to Monarch Beach, Capistrano Beach to San Clemente, inland to Laguna Niguel, Aliso Viejo, San Juan Capistrano, east to Ladera Ranch, Mission Viejo and Rancho Santa Margarita.

You can view the latest (last 3-days) Orange County Short Sale and Foreclosure listings at New Orange County Foreclosures and Short Sales.

View all Short Sale & Bank Owned REO property listings by city at Orange County REO and Short Sale Property.

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