Pacific Sun Properties and Short Sales

Your Leader in North County Coastal Real Estate

 

As a Registered Realtor Broker, Pacific Sun Properties has experience with Short Sale transactions and are here to offer professional and considerate help when deciding if a short sale is your best option.

We offer free, discreet consultations over the phone, at our office, or in your home and there is never any obligation. We never charge you any out of pocket fees. We are only paid by the bank when your home is sold. We close 95% of our short sale listings and you will always deal directly with our team from the first phone call.  CONTACT US TODAY

To get you a better idea of your options, let us explain the short sale process and review some of the benefits.

The Right Choice

A short sale is a win-win solution for the home owner and the lender. The lender gets the highest price for a quick sale at market value. The borrowers get their credit restored and generally get relief from possible future legal actions and deficiency judgments.

Short sales occur when borrowers sell their property for a price less than the amount owed to their lender(s) - taking into account all expenses, including brokerage fees. In order for this to take place the lender(s) must accept a discounted payoff; meaning the bank(s) gets paid less than the full loan amount owed. In a short sale, the homeowners get complete relief from all of their mortgage debt.

The end result is your home is sold; the mortgage is satisfied (paid off); and you avoid a foreclosure or a bankruptcy in the event of hardship.

NOTE: For California Association of Realtors Short Sale website click here.

* Mortgage Debt Relief Act ends at the end of 2012