Pasadena Short Sale Agents

What is a short sale-By Los Angeles Short Sale Agents Munson Realty What is a Short Sale-. In the past, it was rare for a bank or lender to accept a short sale. Now, however, due to overwhelming changes in the market, banks and lenders have become much more flexible when it comes to approving sho...

Los Angeles Short Sales FAQ s by Los Angeles short sale agents Munson Realty Los Angeles Short Sales FAQ- 1-What is a Short Sale? A short sale is when the sale of a homes net proceeds do not fully pay off the existing mortgage loan(s) and the Lender is willing to accept a discounted payoff. The c...

Marketing a short sale- by Los Angeles Short Sale Agents Munson Realty Our Los Angeles short sale agents understand that not all sellers are comfortable with a “For Sale” sign in there front yard and “Short Sale” slathered all over the marketing material associated with their homes sale. It’s rea...

Why would your lender take less than you owe on your mortgage? By Pasadena short sale agents, Munson Realty Why would your lender accept less than what is owed on my mortgage? Lenders are in business to lend money, not to own real estate. They do not want the expense of the foreclosure process an...

What is a short sale hardship? By Pasadena short sale agents Munson Realty Short Sale Hardship-In a traditional short sale where there is a true ”hardship” for the underwater homeowner, the bank will often ask for a “hardship letter” explaining the homeowners case for “short sale hardship”. A sh...

Backing out of a home purchase Backing out of a home purchase in California is not so difficult as it is a very consumer friendly state for home buyers. One of the MOST important rights you have as a buyer is backing out of a home purchase! Let's imagine you find a home that is perfect fit for y...

Short Sale vs Foreclosure- by Los Angeles short sale agents Munson Realty It’s no “news flash” that many homeowners are underwater and desperate for relief.  They are experiencing hardships such as job loss, death or illness in the family or frankly their adjustable loan rates have spiraled out o...

How much for down payment? It really depends on your situation. Are you a first time buyer, move up buyer or an investor? Here are some guidelines for each: First-time home buyers- First time buyers have many options. VA Buyers- Can put Zero down and the seller must pay the closing cost FHA Buye...

Short Sale vs Foreclosure By Pasadena Short Sale Agents, Munson Realty Short Sale vs Foreclosure-by Pasadena short sale agents Munson Realty- It’s no “news flash” that many homeowners are underwater and desperate for relief. They are experiencing hardships such as job loss, death or illness in th...

  What Is A Strategic Short Sale? By Los Angeles Short Sale Agents, Munson Realty  What is a Strategic Short sale? Traditionally an underwater seller must prove some sort of hardship like job loss, death of a spouse, illness or some other unfortunate circumstance to qualify for a short sale. But ...