For homeowners that are unsure about Venice Short Sales it is very important to consider the long term effects of a foreclosure. Far too often homeowners are concerned about asking for helping when struggling to pay their mortgage because they feel embarassed or ashamed. While many homeowners may have heard about a Venice Short Sale from friends or co-workers it is important to know the truth when you are in need.
Many homeowners have heard nothing but bad things about completing Venice Short Sales but an experienced agent can help you understand the advantages. Homeowners in Southern California are completing Venice Short Sales every day and in turn avoiding foreclosure and years of frustration. Homeowners that complete a Venice Short Sale will be able to qualify for a new mortgage in as little as eighteen to twenty four months. Likewise, a homeowner that allows their property to enter in to foreclosure will be unable to buy a new home for at least seven years. As Venice Short Sales continue to gain popularity private lenders and government programs have also stepped up to offer incentives to those who short sale. This can include relocation assistance after your home has sold and even tax breaks for the debt that is forgiven simply by selling your distressed property. On average Venice Short Sales will take four to six weeks to complete. This means you can be free of your distressed property and mortgage in default in as little as a month. At Toni Patillo and Associates we have been helping homeowners find solutions for their distressed properties for over five years.
Our team has the experience and knowledge to help you make the best decision for your Southern California property. Venice Short Sales are not right for everyone but there are still options to consider that will leave you better off than a foreclosure. All Venice Short Sales start by simply calling an experienced agent to discuss your current real estate situation.