SHORT SALE
The best way to determine if a short sale is right for you is to contact us for a free, phone consultation. We’ll let you know right then and there if you should take the next steps to a short sale or pursue other options
SB 458
Good news for CA Homeowners: July 15th, 2011 Governor Jerry Brown signed SB 458 into California law which states that any lender agreeing to a short sale – which by definition will yield insufficient funds to cover the outstanding loans on a property – must accept it as payment in full for all loan balances.
"SB 458 brings closure and certainty to the short sale process and ensures that once a lender has agreed to accept a short sale payment on a property, all lien holders—those in first position and in junior positions—will consider the outstanding balance as paid in full and the homeowner will not be held responsible for any additional payments on the property,” says California Association of Realtors® President Beth L. Peerce.
What does it Cost?
Nothing! We'll say it again; nothing. We negotiate our fees directly with your lender and you will never be charged for our short sale services. The costs of selling your home (escrow, title, and all other seller’s closing costs) are also paid by your lender.
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