Is a Short Sale Right For Me?  

What is a short sale?  If the sale proceeds from selling your house are less than the total amount owed to the lender, the lender(s) may agree to a short payoff or "short sale" and write off a portion of homeowner's mortgage that exceed the net proceeds from the sale. 

Why would the bank do this?  Short sales work for lenders because they reduce costs on at-risk loans that are deliquent and on their way to defaulting.  When a lender approves a short sale, they are avoiding foreclosure costs to themselves as well as costs to local government services such as court actions, inspections and unpaid water/seweage bills.

What if I'm not in default? Today, Lenders may accept short sale offers or requests for short sales even if a Notice of Default has not been issued or recorded with the locality where the property is located. 

Do banks accept all short sales?  In a word, no.  That is why it critical to seek assistance of a short-sale/pre-foreclosure trained professional. Such as the JonRon Real Estate Team. 

How much will this cost me?  A short sales requires no out-of-pocket expense from the seller.  

Why are the advantages of using the JonRon Team? They are short sale/pre-foreclosure trained and certified with the necessary experience to assist you.   They have the resources to streamline the negotiation process while saving you the embrassement of excessive legal postings or visits from the sheriff.  Making sure you are treated with respect and dignity during your hardship. 

What do I do if I have questions?  Give us a call and we would be happy to answer them for you.  We can be reached at:

949-364-0400 or 949-939-8183 or email us at info@jonronteam.com

What do I do if I would like to talk to you about listing my house for a short sale?  You can call us at the numbers listed above or fill out this online request.