New Yucaipa Blvd (Yucaipa, CA)
By Todd & Devona Garrigus, Broker / REALTORS®
(Garrigus Real Estate)
Yucaipa, California Housing Inventory as of 10/31/2016There are 301 listings in Yucaipa either Active, Pending, Act Under Contract (Back-up), or on Hold. Here is a simple breakdown of all these Yucaipa listings, according to the MLS (Multiple Listing Service):Yucaipa Housing Inventory: Total Current Yucaipa Listings: 310 Active Yucaipa Listings/Homes For Sale: 188 Yucaipa Act Under Contract/Back-up Listings: 44 Yucaipa Listings Pending/In Escrow: 59 Yucaipa Listings On Hold: 10 Search Yucaipa Listings HereIf you are interested in buying or selling a home in Yucaipa, we can help. We are local REALTORS and know the area. We also have been in the business since 2008 and have successful experience with standard sales and short sales. Call us today to talk about your unique situation:Todd & ...
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By Todd & Devona Garrigus, Broker / REALTORS®
(Garrigus Real Estate)
What Is A Yucaipa Short Sale, And Why Would A Bank Consider It? Simply stated, a Yucaipa short sale occurs when the bank accepts an offer on your home that is less than what is owed on the mortgage. For example, let’s say you owe $300,000 on your home in Yucaipa, and the market value is $150,000. Our Yucaipa CA REALTOR team lists the property for sale, and receives an offer of $150,000. Basically, we are “shorting” the bank $150,000. In doing so, your lender will “forgive” the debt and allow you to move on with your life. Banks accept Yucaipa short sales because they are better for their bottom line, when compared to foreclosure. A typical foreclosure will cost the bank anywhere from $15,000-$50,000 in legal fees, maintenance costs, utilities, etc. A Yucaipa short sale not only recoups ...
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Yucaipa, CA Real Estate Professionals