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25 Αυγ 2020 · Learn how a short sale process works in California for homeowners, what the length of a short sale depends on, and how to get free professional help to process your short sale.
This short sale California guide is designed to provide you with the basic information you need to move forward with a short sale, which can be good option if you can’t pay your mortgage and your home is worth less than the amount you owe on it.
A short sale hardship letter is critical to your client’s short sale process. Essentially, they write a letter to the lender outlining why they can’t keep up with their mortgage payments. As a real estate agent, you already know how vital this step is to approve a short sale.
27 Οκτ 2022 · 123 Rocky Rd. San Diego, CA 91911. Oct. 27, 2022. Loss Mitigation Department. Thrifty Regional Bank. 456 Pistachio St. San Diego, CA 91923. To Whom It May Concern, I’m writing to request a short sale for my home on 123 Rocky Rd., where I’ve lived with my family for the last 30 years.
Examples of qualifying hardships include the onset of a disability or life-threatening illness; divorce; job loss; and/or death of one of the homeowners.
What Is an SFR® Certification, and Who Is It For? The Short Sales and Foreclosure Resource (SFR®) certification is for REALTORS® who want to hone the skills that will allow them to help buyers and sellers of distressed properties. Benefits of Becoming an SFR®. A framework for understanding how to.
1. Educate and Prepare Yourself. Ask your broker if your company has policies and procedures regarding short sales. Follow those guidelines to the extent they comport with federal, state, and local laws, MLS rules, the REALTOR® Code of Ethics, and your state’s real estate regulations.
