La Jolla Short Sale Assistance

What is a Short Sale?

In Real Estate, short sale is a sale of real estate in which the proceeds from the sale fall short of the balance on a loan secured by the property sold.  In a short sale, the bank or mortgage lender agrees to discount a loan balance due to an economic or financial hardship on the part of the homeowner.  This negotiation is all done through communication with a banks loss mitigation or workout department. 

A short sale typically is exectuted to prevent a home foreclosure.  Often a bank will allow a short sale if they believe that it will result in a smaller financial loss than foreclosing.  For the homeowner, advantages include avoidance of a foreclosure on their credit history and partial control of the monetary deficiancy. 

Do you need help selling your La Jolla home through a short sale?

We have helped hundreds of homeowners through the short sale process in La Jolla.  Banks and lenders have more than ever been willing to accept short sale offers rather then foreclose on homes in La Jolla.  We are very experienced in the La Jolla short sale market.

If you need help short selling your La Jolla home, please provide your information in the fields below and I will contact you.