California Short Sale Essentials

 

Have your short sale overseen by a Licensed California Attorney and Real Estate Broker who actually has a great deal of experience negotiating short sales as a Realtor. 

 

Our short sale essentials program includes:

 

Consultation with our attorney. 

 1. Our trademark Upside Down Analysis - Before there were walk away programs there was our upside down analysis. What is your risk if you just walk away. Will you be protected by California's anti - deficiency protections.  Will the one action rule help.  At you at risk of having to pay a sold out junior the entire loan balance, and more.We also explain to you when you may wish to go into default on your loan(s).  Very few people should go into default without talking to a lawyer first.  (Especially if you have refinanced your loans.)

 

2.We provide you with a list of basic questions which should be answered in writing by your Realtor before your even consider listing with him or her.

 

3.We provide you with a model listing agreement. 

 

4. We provide you with a model purchase and sale agreement with the clauses and addendums you need to be protected from liability to the buyers, Realtors and lenders, should we decide you should hold out for a better deal with your lender. 

 

5. We do an audit of your closing paperwork to see if you are being released from liability on your loans.  And we put our analysis in writing (upon request). Please do not be fooled by people pretending to give advice in this area who are not licensed.  If you are told to sign the short sale paperwork a not to worry about a deficiency because of the one action rule....  Run for the hills.  We have had multiple people told such silly things and are now facing 100,000 dollar collection cases.   

 

If you are interested in our short sales essentials program - please fill out the following form. 

(we work with people all over California). 

 

With this program you can use your own Realtor or work with one of ours at McConnin & Company Realty.