Mortgage Debt Forgiveness Act – No Cause to Delay Short Sale
In 2021 the the Mortgage Debt Forgiveness Act was extended through 2025. This is good news if planning to short sale your home. Learn more here!
Short Sale Process
Beginning back in 2008 when many lost their jobs and their homes, we became experts on short sales. Thank goodness, our economy recovered but we published a number of posts to help those in our community better understand what short sales were all about. You can still view the posts as listed below.
Short Sale – Fixer Home – “Sold” in Lake Elizabeth!
This is an example of a Short Sale Fixer in Lake Elizabeth we sold back in 2015. See how we sold this home & helped the seller avoid foreclosure.
Matt Gregory on KHTS Hometown Radio – Don & Gino
Back in 2011 Matt Gregory appeared on the KHTS Hometown Radio show discussing the real estate market with Don and Gino.
How To Get Money to Move After Short Selling Home
Is it still possible to get money to move after short selling your home? There’s no promises, but it is possible. Find out more.
Santa Clarita Homeowner Receives $3000 After Short Sale
In some instances, homeowners short selling their homes could walk away with some relocation cash to help with rental housing. Learn more here.
What is a Santa Clarita Short Sale?
What is a Santa Clarita short sale and how does this type of transaction differ from a standard sale transaction. Questions answered here!
IRS Update Good News for Santa Clarita Short Sellers
Although the Mortgage Debt Forgiveness Act expired, there is now the Qualified Principal Residence Indebtedness Exclusion.
Home Affordable Modification Program
Although the Home Affordable Modification Program is now expired here we mention some viable alternatives to help those facing foreclosure stay in their homes.
Santa Clarita Short Sale Transaction with 6 Liens Closed!
Back in 2011 when short sales and foreclosures were going wild, when helped a client close a short sale resulting in 6 liens cleared!
Santa Clarita – San Fernando Valley – Short Sale Resource
HUB page with link to valuable information about short sales in SCV and SFV areas.
3 Tips for Buying a Short Sale Property
Here are 3 tips to help anyone planning to buy a short sale property. A good way to get a deal, but inexperienced buyers must be cautious.
Useful Information About Short Sales
If you have general questions about short sales or the short sale process, have a look above at our reliable postings covering a wide range of topics as related to short sales. Also, it doesn’t matter if you are located in Santa Clarita or anywhere in the SoCal vicinity, we can help. We are committed to helping consumers expand their knowledge regarding short sales, but most importantly we help our friends and clients by giving them the information needed so they understand the process of buying or selling a short sale property.
One of the best ways to avoid foreclosure is to short sale your home. Conversely, if you’re looking to buy a short sale or any distressed property, it’s possible to get a deal. In either case, when if comes to short sales, you must understand the potential obstacles in the road ahead.
Time and Patience Required. Reliable short sale information can sometimes be difficult to find and transactions are often difficult to close. When buying a short sale, the primary ingredient is “patience.” It takes time to purchase a short sale property but if you do your homework, you can buy short sale homes under market value.
Our short sale posts include useful tips, for both buyers and sellers. The information provided is specific to residential short sale properties only. We do not cover commercial short sales.
Seller Received $3K Back. Santa Clarita Homeowner Receives $3000 After Short Sale – With this short sale, we obtained $3000 in cash back to the homeowner. It’s might not sound like all that much, but considering the circumstances, it certainly helped.
Seller Receives $6K and 6 Liens Wiped. Santa Clarita Short Sale Transaction with Six Liens – Closed! – Our client walked away with $6000 and six liens were wiped out! What a relief for the homeowner to avoid foreclosure and finally be rid of this burden. Also, the extra money resulting from this short sale transaction was icing on the cake!
As evidenced by our short sale success stories above, it’s true how short sale transactions help homeowners avoid foreclosure. Starting the short sale process is easy and costs the struggling homeowner nothing! The real estate broker fee is paid by the lender.
Who to Contact for Short Sale Help? Should you need short information specific to your situation, please feel free to contact us. Matt Gregory is a Certified Distressed Property Expert and we have helped many homeowners avoid foreclosure by short selling their homes. 661-713-4799.