Roberto V. Cardenas Real Estate Services is there for sellers needing to execute a short sale Oxnard, California

Is it time to short sell your home?

Not sure what a short sale is? A short sale happens when the value of a home is less than the amount of the outstanding loans. Short sales are often the result of home prices in an area rapidly declining.

Short sales could be a way for homeowners to preclude foreclosure and pay off their loan with the lender by settling.

How to do a short sale:

First, figure out the true market value of your property. For those whose finances are already strained, engaging a licensed appraiser may not be feasible. Therefore, a qualified local real estate agent that knows the current conditions of the Oxnard real estate market is a sound way to get a reliable opinion of what your home could sell for.


	Should you have questions pertaining to real estate or the process of going through a short sale in Oxnard, California just contact me here or e-mail me.

Next, find out your closing costs. The experienced agents at Roberto V. Cardenas Real Estate Services will take into account fees such as title report, appraisal, escrow, property taxes, and agent commissions to calculate your final costs at closing.

Finally, get in touch with your lender and make them aware of the situation. They may even have a particular department that deals with short sales. Ask about their specific procedures. Some lenders will be more able to work with you than others. They may be able to reduce your loan principal or make other arrangements. Your lender will have to agree to the final sale.

Roberto V. Cardenas Real Estate Services 200 South A. Street Suite 208 Oxnard, CA 93030-5727

Phone: Cell: Fax:

Copyright © 2012 Roberto V. Cardenas Real Estate Services
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map
All rate, payment, and area information are estimates and approximations only.