When it comes to Santa Clarita short sales it is important to be prepared to wait, the process can be a lengthy one. The difference between a foreclosure and a short sale is that in a foreclosure the bank (or lender) owns the house, in a short sale the home owner is still in the picture and the bank (or lender) has to agree to the sale price. A short sale is shorting the bank, selling the Santa Clarita property for less than the balance of the loan. The bank can take a while to make a decision on a short sale and can change their mind about a deal until closing.
The short sale process can be a long one and using a Santa Clarita Realtor who is familiar and experienced with the process can make a huge difference in its success. Contact us today to learn more about buying or selling Santa Clarita short sale property.
Contact us at Remax Santa Clarita today to learn more about Santa Clarita real estate, as well as to have free access to the Santa Clarita MLS and all Santa Clarita properties that are currently listed for sale.