Home Selling in 90703 : Advice

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Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
What are the consequences if you try to short sale a home in California but it does not close before the Mortgage Debt Relief Law expires in December?
Let's get it listed and sold and funded. We have time if we start today.

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0 votes Share Flag Mon Oct 1, 2012 Home Selling in 90703
Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
If a house is on the market as a short sale, would the process be expedited if the house would be in move in condition?
No, there is no way to expedite a short sale. The many banks are coming up with ways to speed up the process but even a cash purchase takes almost the same amount of time. Let's get it ... more
0 votes Share Flag Mon Oct 1, 2012 Home Selling in 90703
Minna Reid, Real Estate Pro in Southington, CT
Minna Reid answered:
What is the longest a short sale can take? Can the house be sold as is?
Ive had short sales that took over 2 years, Ive had some take less than a month. The average is maybe 3-5 months from list to close. Yes you can sell your home as-is.
0 votes Share Flag Wed Aug 8, 2012 Home Selling in 90703
Sara Mehrpou…, Real Estate Pro in Woodland Hills, CA
Sara Mehrpouyan CDPE answered:
Do you have to keep paying mortgage while in a short sale? When is a short sale not approved? Then what do you do when you don't want the house?
No one can really tell you whether or not you should keep making your mortgage payments. However, majority of the time we find that homeowners are not able to make the payments and are ... more
0 votes Share Flag Tue Jul 31, 2012 Home Selling in 90703
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