Are you behind in your mortgage payments? Has your lender contacted you to discuss a loan modification or a Santa Monica short sale? If you are behind on your mortgage payments, then a Santa Monica short sale might be the right decision for you. There are several steps that you have to complete in order to fulfill a Santa Monica short sale on your property. A Santa Monica short sale usually begins with the homeowner being behind on their mortgage payments. Usually a lender will not even consider accepting a Santa Monica short sale unless the homeowner is a couple of months behind. Usually the homeowner owes more than the home is worth, so that makes them upside down on their mortgage.
If you are interested in how much your current home or property is worth, check out our new short sale calculator. It will help you determine if a Santa Monica short sale is the right decision for you and your family. Once you enter in some of your property information, the short sale calculator will instantaneously send you a detailed report showing you the amount of money it will take and the length of time before you break even on your home and it becomes an asset again. If you have any questions about the short sale process, please contact us today. We would be glad to go over your situation with you and help you determine if in fact a short sale is the right decision for you. A Santa Monica short sale could be just the answer you are looking for. Thanks and we look forward to speaking with you soon.