Thanks for visiting East Bay Short Sale Group. We are experienced Short Sale Realtors/Listing Agents covering Contra Costa and Alameda Counties. Please start off by watching the introduction video to the left. In San Leandro We are excited to have just closed another San Leandro home in the San Leandro Hills. This one located in San Leandro at 16075 Carolyn St, not far from I-580.
Lafayette Short Sale Just Listed Lafayette short sale specialists are very excited to have another listing coming on the market this weekend. This property is located in a highly desirable community of Lafayette. It's a single family residence located at 1986 Marion Court. This is a four bedroom, three bath. 4736 La Vista Dr. Oakley Just Closed - Non Short Sale - Probate Sale We are proud to have closed another listing located in Oakley, this one at 4736 La Vista Drive.
This property is a very nice two-story, four-bedroom, three bath, 2,065 square feet located in the community of Holly Creek. Very nice home. This is a very nice newer townhome community located in The Villas.
Lafayette Short Sale Just Listed Lafayette short sale specialists are very excited to have another listing coming on the market this weekend. This property is located in a highly desirable community of Lafayette. It's a single family residence located at 1986 Marion Court. This is a four bedroom, three bath. 4736 La Vista Dr. Oakley Just Closed - Non Short Sale - Probate Sale We are proud to have closed another listing located in Oakley, this one at 4736 La Vista Drive.
This property is a very nice two-story, four-bedroom, three bath, 2,065 square feet located in the community of Holly Creek. Very nice home. This is a very nice newer townhome community located in The Villas.
Services
We are a group of experienced short sale realtors/listing agents who help homeowners in the East Bay who are in default on their mortgage or risk being in default sell their home before losing it to foreclosure.
We are HAFA and CDPE certified, and have worked with most major bank short sale departments such as Wells Fargo, Indymac, Bank of America, CitiMortgage, Chase, Walls Fargo, GMAC, Suntrust, Wachovia, EMC, and WAMU, as well as smaller bank and credit union short sale departments.
As we focus nearly 100% of our real estate efforts to helping homeowners sell their homes as short sales, we have the expertise and resources that most other agents do not.
We are HAFA and CDPE certified, and have worked with most major bank short sale departments such as Wells Fargo, Indymac, Bank of America, CitiMortgage, Chase, Walls Fargo, GMAC, Suntrust, Wachovia, EMC, and WAMU, as well as smaller bank and credit union short sale departments.
As we focus nearly 100% of our real estate efforts to helping homeowners sell their homes as short sales, we have the expertise and resources that most other agents do not.
The running joke in real estate is "Why do they call it a Short Sale if it takes so long to close?".
Great question, seeing as how there is not much that is "short" within the short sale process.
The real name for a Short Sale is called a "Short Pay Transaction".
Simply put, the owner owes more on the loan(s) than the property is worth and the bank must agree to accept a short payment for the amount owed.
In many cases there is more than 1 lender, all lienholders on the property must agree to the short sale terms.
Great question, seeing as how there is not much that is "short" within the short sale process.
The real name for a Short Sale is called a "Short Pay Transaction".
Simply put, the owner owes more on the loan(s) than the property is worth and the bank must agree to accept a short payment for the amount owed.
In many cases there is more than 1 lender, all lienholders on the property must agree to the short sale terms.
If you are considering putting your home on the market as a Short Sale, chances are you have a lot of questions.
We'll try to cover some of the major points of listing your home here, but remember that a free consultation will help you the most to understand what your options are and how the process works.
Listing and Marketing Your Home - In this stage we take care of the listing paperwork, and get prepped for listing.
Once it is ready to show, we market the property on the MLS as well as 40+ websites, through our network of agents and buyer leads, and other avenues.
We'll try to cover some of the major points of listing your home here, but remember that a free consultation will help you the most to understand what your options are and how the process works.
Listing and Marketing Your Home - In this stage we take care of the listing paperwork, and get prepped for listing.
Once it is ready to show, we market the property on the MLS as well as 40+ websites, through our network of agents and buyer leads, and other avenues.
Most buyers and investors today immediately run to the REO (bank-owned) properties to find a great deal.
The reality is, however, that Short Sales can many times be bought at a huge discount, provided you have the patience as a buyer to see the process through.
In Alameda and Contra Costa Counties there are a very large number of Short Sale homes for sale, and with that said, there are many very nice move-in ready homes and fixer homes to satisfy most buyers out there.
Beware of ultra-low priced homes as your list price is not necessarily the price you will pay for the home.
The reality is, however, that Short Sales can many times be bought at a huge discount, provided you have the patience as a buyer to see the process through.
In Alameda and Contra Costa Counties there are a very large number of Short Sale homes for sale, and with that said, there are many very nice move-in ready homes and fixer homes to satisfy most buyers out there.
Beware of ultra-low priced homes as your list price is not necessarily the price you will pay for the home.
A Short Sale is the sale of a home when sales proceeds do not fully pay off the existing loan(s) and lender(s) accepts a discounted payoff to fully satisfy the loan.
The best part, the existing lender pays virtually all sales costs, including commissions, escrow and title fees and repair costs.
You get your home sold, the loan(s) paid off and you avoid foreclosure.
Is a Short Sale right for me?
Mortgage lenders are increasingly willing to work with borrowers faced with a financial hardship to accept a discounted payoff on a mortgage.
The best part, the existing lender pays virtually all sales costs, including commissions, escrow and title fees and repair costs.
You get your home sold, the loan(s) paid off and you avoid foreclosure.
Is a Short Sale right for me?
Mortgage lenders are increasingly willing to work with borrowers faced with a financial hardship to accept a discounted payoff on a mortgage.
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