Have you gotten pre approved with an lender? That you must do.
There are sellers that are able to sell without doing a short sale since prices have been going up.
I have a few questions for you.
Talk to you soon
Ingrid Ski Realtor
I'm not a realtor but a mortgage banker. First step - Get pre approved by a mortgage bank like my firm, Castle & Cooke Mortgage. In addition, there are a few tricks I would advise but would rather discuss in person. It's a strategy thing!
My direct cell is (949) 212-4578 if you have any mortgage financing questions. Use me as a resource!
I look forward to hearing from you.
Castle & Cooke Mortgage
Ph: (949) 212-4578
RE Broker/ CRS/ePRO/ SRES/GRI
Joe Van Fossen
Keller Williams Realty
I have a LOT of experience with short sales & I know how the banks are handling short sales now that prices are going up, not down. I have a 100% success rate closing all the short sales I've listed in California & in my opinion that puts me in the top 1% in the nation who can make that claim.
I would be happy to talk to you about either side of the short sale process & give you tips & excellent advice for either buying or selling a short sale property.
Shoot me an email directly, I don't look back on this same Trulia posting for answers after mine.
Emily S. Knell
Realtor Since 1996
Realty ONE Group
Short Sale Listing Agent
100% Success Rate in CA
It is absolutely a great time to pursue buying any home in the OC right now especially short sales and foreclosures. The only difference is that short sales can be a much longer process than a foreclosure. Prices are up almost 8% since February and are projected to only go higher this year. I am working with many short sale buyers right now and would be more than happy to give you more information and send you a list of homes. Please feel free to contact me directly anytime. Have a great day!
Keller Williams Realty
Best time if ever if what you are saying is true. Banks have BPO's (Broker Price Opinions) done on the property to find out what the Market Value is. If property values are rising in the are so would the opinion of the Broker and what the bank would be willing to short the property to.
So if a short sale meets you buying criteria hurry up and jump in to purchase.
Note: Find an excellent agent in your area that works with short sales.
Good Luck and Respectfully,