Pasadena Short Sale Investing

Get the Flash Player to see this player.

What Is A Short Sale
A real estate short sale, or quick sale, is a negotiation between a homeowner and their mortgage lender for the lender to accept less than they are owed for an outstanding loan.

In many cases a lender may prefer to accept a short sale of a property rather than go through a foreclosure process and then sale of a home on the open market. If successful it provides the seller with a more dignified method of getting out from under a mortgage that they can no longer afford and the mortgage holder is relieved of perhaps a soon to become non performing loan.

It also provides a new buyer with a great opportunity to purchase a home at a reduced price. If you’re in the market to purchase a home, these opportunities have never been greater. Click on the above video link for some additional information.  No matter if you’re buying or considering a short sale of your home, call us.   We’re your local experts in getting the sale closed.  

Pasadena Homes For Sale | Pasadena Condos For Sale | San Pasadena Short Sales

Pasadena Foreclosures | Pasadena Open Houses | Pasadena Luxury Homes