What if I am a borderline short sale?


Many homeowners who have low-equity or no-equity in their home are unsure of what options they have. California Short Sale Solutions offers help and guidance to homeowners in these scenarios. Being a borderline short sale candidate does not exclude you from the right to sell your home and to be free and clear from mortgage debt. We offer discounted services to help homeowners initially try and sell their home as a traditional sale, which means the money earned from the home sale is enough to repay any mortgage(s) and selling expenses.

Homeowners who initially experienced drastic home value loss may now find themselves in a situations where their home values have increased. The recent jump in home values may have put you or a family member in a situation where you would like to move or rid yourself of higher interest mortgage payments. Most people don't believe they are allowed to sell their home unless they have a significant amount of equity in their home. Current California laws allow most homeowners to sell their homes and be released of their mortgage debt, whether from a traditional sale or short sale.

Much of the short sale process is an additional layer of complexity to a traditional real estate transaction. Because we are experts at short sale transactions, this means we are also experts in traditional real estate transactions as well. If your home value and net sale proceeds fall below the amount of money you owe on your home loan, then a short sale is pursued. Trying to sell your home for a higher price in your market also builds evidence and a case to your lender for approving a short sale. If you are unsure as to whether or not you owe more on your home than it is worth, give us a call at 1‑800‑760‑9156.