Published April 5, 2019

How do I know if a Short Sale is right for me?

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Written by Linda Banales

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How do I know if a Short Sale is right for me? 

If you bought a home when the prices were at a all time high and then took money out on a second mortgage, chances are you are upside down. This means you owe more than what you home is worth. If you are now in a position where you can no longer afford to make your mortgage payments, a Short Sale may be for you. Short Sales can be the results of many life situations such as divorce or loss of income. It happens all the time and this is why the Short Sale was created. 

How do you determine if you are upside down or need a Short Sale? We will provide a Market Analysis on your home to determine what it could sell for. If that amount is lower than what is owed then a Short Sale may be an option for you. We can then communicate with your bank to request a Short Sale approval. BUT you must act fast. If you wait until a Foreclosure date has been set, we might be too late. 

We would love to discuss your Options. Call or Text Linda Banales today! 661-303-5401 

If you are need of a Short Sale, we ACT FAST! 
Or Click Here to Get Started! 

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Linda Banales

Listing Specialist | Bakersfield Real Estate Group | Watson Realty

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