Stoneridge Realty & Property Mangement Services is there for sellers needing to do a short sale Vista, California

Is it time to short sell your home?

Don't know what a short sale is? A short sale occurs when the value of a home is less than the amount of the outstanding loans. This may be caused by many factors, but often is a result of a rapidly declining real estate market.

For many homeowners, a short sale is an ideal way to avoid foreclosure or bankruptcy when they can get the lender to write off the difference.

What's involved in a short sale?

First, assess the true market value of your property. Since paying for a licensed appraiser may not work with your already tight budget, a qualified local real estate professional that knows the current conditions of the Vista real estate market is a sound way to get a reliable opinion of your home's worth.


	Need an honest idea of what your home today's market? Contact us today to find out how Stoneridge Realty & Property Mangement Services can help.

Next, estimate your closing costs. The knowledgeable REALTORS^® at Stoneridge Realty & Property Mangement Services will consider fees such as title report, appraisal, escrow, property taxes, and agent commissions to tally your final costs upon closing.

Finally, get in touch with your lender and let them know of the situation. They may even have a specific department that deals with short sales. Ask about their exact procedures. Some lenders will be more willing to work with you than others. They may be able to reduce how much you owe or make other arrangements. Your lender will have to give consent for the final sale.

Stoneridge Realty & Property Mangement Services 735 Shadowridge Drive Vista, CA 92083

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