Are you looking for a Santa Monica realtor to help you avoid foreclosure on your home? If so, the team at Toni Patillo & Associates is here to help you with that. There are a number of different reasons as to why a person may be facing foreclosure on their home and there’s also many different reasons why your lender will approve you for a short sale explains Santa Monica realtor Toni Patillo.
A short sale is when you get approval from your lender to sell your home for less than what it is worth; you are required to work with a Santa Monica realtor that has experience in short sales, unlike a loan modification where you work directly with your lender. It is currently the most common foreclosure alternative says this Santa Monica realtor because of its ability to free the homeowner from their distressed mortgage as well as provide them with a fresh financial start. When facing foreclosure on your home it’s important that you understand what all of your alternatives are and a short sale is more than likely one of them. To qualify for a short sale you have to have a legitimate hardship, foreclosure being one of them says this Santa Monicarelator. There are other reasons that a lender will approve a short sale but foreclosure is the most common one.
If you are facing foreclosure and have looked at all of your options but still don’t know where to turn reach out to the experienced Santa Monica realtors at Toni Patillo & Associates for help. They’ll sit down with you, help you assess and analyze your situation to determine whether or not a short sale is the right choice for you. If it is, they can help you get the process started and get you started on the path to financial freedom. Contact these knowledgeable Santa Monicarelators today.