Considering Short Sale in Sacramento County?

Knowledge is POWER! You have more control than you probably thought!

Understanding Short Sale

• Short Sale may not be for you, at least not yet.

1. Are you in default? How far? Can you recover?
2. Have you considered loan modification?
3. Have you considered BK options? (Can stop/delay foreclosure dates)
4. What are the LONG-TERM goals for you and your family?
5. What are the short/long term impact vs reward results?
6. When all options are exhausted and foreclosure is the next event, it is time to short sale.

• Ready to Short Sale

  I am Chris West, Broker with West Real Estate. We at West Real Estate know how hard this time can be, but the process is not as difficult as you may think. Additionally, there is a strong chance of relocation money being awarded to you in the end. I am excited to be able to speak with you about how we can be of assistance in moving your home through a short sale to avoid the harmful, long-term impacts of a foreclosure.
  

  Although this time can be challenging, it is good news you have chosen the right team to assist you in the transition. We are dedicated to our client’s goals and what we do. We are passionate about helping people get to the next step and securing a new level of financial freedom. We are here to help you for life.

            Our intention is to make each step of the process as easy as possible!

  REMEMBER: THERE IS NO COST TO SHORT SALE WITH OUR OFFICE!! IN FACT, WE ATTEMPT TO SECURE RELOCATION MONEY FOR YOU TO MOVE! SOME RELOCATION AMOUNTS RANGE FROM $3,000-10,000! YOU CAN REMAIN IN THE HOME WHILE WE NEGOTIATE THE SALE FOR YOU. WE CAN STOP THE BLEEDING!

              CALL TODAY: 916-330-4440
  

  Below there is a list of some of  the documents/information that will be required for this process but they are now simply for review as we will have these available for you when we meet. What I would like to do is speak with you at the property where I will take a visual inspection as well as several photos to determine marketability. Once we decide that we are ready to put it on the market I will secure a listing agreement and market the property for sale. Once we obtain a buyer we then officially can proceed with the short sale process with the bank. This typically takes 2-6 months. During this time I will be negotiating with the bank and will most likely require signatures and miscellaneous documents here and there such as updated bank statements and pay stubs. Once the short sale is approved we move into a traditional escrow which can take anywhere from 15-45 days. Then you are free of the property and you did it without a foreclosure!

  Here is a list of initial documents needed to start a short sale-

  • Listing agreement  (Contract employing us to sell for you)
    
  • 3rd party authorization and must include: 
  • Lender name
  • Loan #
  • Last four of clients social sec
  • Mortgage statement
  • Dodd Frank form
    
  • 60 days’ worth of pay stubs (most recent)
  • 2  months of bank statements (most recent)
  • Hardship letter signed and dated
  • Financial worksheet (RMA/710/etc)
    
  • 2 years of tax returns and the 4506-T
  • If self-employed a most current 90 day Profit and Loss statement signed and dated

  Lets determine what your home is worth and then we can find out if this is the right decision for your overall short and long term goals. Call today or click on the "contact us" link above.
  

                                              CALL TODAY: 916-330-4440