Avoid Foreclosure With a Short Sale

If you’re late on house payments and worried you might be in foreclosure soon, there is help available.

In California, 1 out of every 9 home owners is behind on mortgage payments and facing the possibility of foreclosure. Like the rest of California, San Jose home owners feel this pain and it’s important that you investigate and understand your options to avoid foreclosure. It is possible to avoid foreclosure and save your financial future!

Handling a variety of distressed properties, my team has found that it’s quite difficult to find the facts about your options as you fall behind on your payments. You need to navigate state and federal government housing assistance programs, California foreclosure law, tax issues, and your bank’s way of handling your situation before you can make a decision on how to move forward.

My team is here to help you understand your options so that you can make the best decision for your situation. This website is designed to help you start understanding your options and I’m personally available to help you with any questions about foreclosure, short sales and how to move forward through your tough situation.

San Jose, CA Short Sale: Best Realtors In California

Find out all you need to know before attempting to sell or buy your San Jose, California home via short sale. Get info on the short sale process, options to avoid foreclosure and opportunities to get a discounted short sale property.

Foreclosure Vs Short Sale San Jose

Short Sale vs. Foreclosure – What must property owners do? Should you choose a short sale over a foreclosure?
Regardless of whether you should do a short sale or let your house go to foreclosure relies upon on many factors. Considered by many one of the best options available to avoid foreclosure, the short sale is an increasingly popular option. In this option, the lender accepts less than what you owe on the property, relieving the homeowner of debt. Lenders are often willing to accept a short sale because it greatly reduces the expense and time involved in foreclosure proceedings. In most cases, a short sale does less damage to your credit than a foreclosure. A qualified realtor in San Jose, California will be exceptionally helpful in completing the short sale process with you.

San Jose Short Sale Advantages

Below are a few advantages for doing a short sale that may not have occurred to you in foreclosure:

• A short sale allows you to stop the foreclosure and get a fresh start. This is the primary benefit to you.
• A short sale also prevents additional damage to your credit.
• A short sale results in the mortgage actually being paid off, which reflects positively compared to a foreclosure.
• Your home sale will be treated like any other property sale.
• The other advantage of a Short Sale is the sense of dignity and responsibility. During a Short Sale, the homeowner is marketing the home for sale with an experienced Short Sale Realtor or Short Sale Specialist, in an attempt to sell the home at the best price thus bringing in as much money as possible to the Bank.