East Ontario (Ontario, CA)
By Todd & Devona Garrigus, Broker / REALTORS®
(Garrigus Real Estate)
SHORT SALE ONTARIO CA | ONTARIO CA SHORT SALE | SHORT SALE AGENTS ONTARIO | ONTARIO SHORT SALE REALTORS Each bank processes Ontario CA short sales differently so to better understand your situation and if you would be a good candidate for a Ontario short sale you need to examine the following information: 1. How many loans do you have on the Ontario CA property? 2. Who are the mortgage holder(s) for this Ontario house? 3. Have you stopped making payments, and if yes, how long ago? 4. Do you have an HOA, and if yes, are you behind on the HOA dues? If you are behind on the HOA dues, how many payments have you missed? 5. Is the home in a 55+ Ontario CA community? 6. Is the Ontario house your primary residence? If yes, do you still reside in the Ontario CA home? If no, do you have a tenant ...
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By Devona Garrigus, REALTOR® / Short Sale Specialist
(Garrigus Real Estate)
ONTARIO CA SHORT SALE AGENTS A Ontario CA real estate short sale is a sale of a Ontario CA home in which the proceeds from selling the property will fall short, or not be as much, of the balance owed on the Ontario CA house because the property owner cannot afford to repay the full mortgage amount(s).  In another words, the under-water homeowner sells the Ontario, CA home for less than what they owe on it. This is why banks must approve a short sale for the transaction to happen. This is also why an experienced real estate short sale professional should be used when selling short your Ontario CA home. A Ontario CA short sale is often used as an alternative to foreclosure because it can save additional foreclosure and credit fees, costs and implications to both the creditor (bank(s) hold...
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Ontario, CA Real Estate Professionals