Short Sale Specialist
What is a short sale?
A short sale, also known as a pre-foreclosure sale, is when you sell your home for less than the balance remaining on your mortgage. If your mortgage company agrees to a short sale, you can sell your home and pay off all (or a portion of) your mortgage balance avoiding foreclosure.
Simply put, a short sale occurs when a lender agrees to take less than the amount that is owed on a piece of property. The benefit of a short sale occurs when your net proceeds from a short sale are insufficient to cover your loan balance, but the lender agrees to take a lesser amount. A successful short sale includes the lender forgiving any remaining loan balance, clearing you from any future contractual obligations to the lender. Ritehomes.com will negoitate with the bank and sell your home for you. The bank pays the agent commission, leaving you at no out of pocket cost.
Short sale is an alternative to foreclosure and may be an option if
You are facing a long-term hardship
You are behind on your mortgage payments
You owe more on your home than it’s worth
You have not been able to sell your home at a price that covers what you still owe on your mortgage
You can no longer afford your home and are ready or need to leave
Speak to an agent today
Want to know your options? Give us a call at 661-888-4311 and we can answer all of your questions at no cost.
"I want to avoid foreclosure, but I can't sell my home for
what I owe on my mortgage.
What can I do?"
We at Ritehomes.com can identify and implement the best possible Short Sale solution, which will help you avoid foreclosure. Our counseling and short sale services are provided at no cost. Once we have reviewed your situation we will negotiate with your lender to come up with a solution. Speak to an agent today: 661-888-4311
What documents will I need?
Signed Letter of Authorization for all mortgages
Most Recent Mortgage Statement for all mortgages
Financial Statement For any Salaried Borrowers on the Loan Note
Last 30 Days of Paychecks
Last two years Tax Returns including all schedules
Last two years W-2 forms
Last 2 months of Personal Bank Statements including all pages
For any Self Employed Borrowers on the Loan Note
YTD Profit & Loss Statement
Last two years Personal & Business Tax Returns including all schedules
Last two months of Personal Bank Statements including all pages
Last two months of Business Bank Statements including all pages
If Any of the Following Documents Apply
Social Security Letter
Lease Agreements for all property rentals
Call Today 661-888-4311
4900 California AveBakersfield, Ca, 93309