A San Clemente Short Sale home has just been put in escrow by Sam Smith, a local San Clemente Real Estate agent. The home is located on the north side of San Clemente and featured two bedrooms and two baths and listed for $359,900 where Sam represented the buyers in this real estate transaction. If you have been thinking about buying a home here in San Clemente then a short sale property is one of the best ways to find a "good deal" in today's marketplace. A short sale provides excellent opportunity to find a home that is priced slightly under market value as long as you are willing to wait. Short Sales can take anywhere from a quick one month period to as long as six to eight months depending on the banks involved and the level of expertise of the short sale negotiator. That's why we always recommend working will an expert short sale agent that can explain the process to you but also avoid the pitfalls that every short sale transaction will have. If you have any questions regarding San Clemente short sales and the home buying process please contact us today. Keep in mind that if you are looking for a single family home in the $500,000 range or an ocean view or golf course view property in the $600,000 range, chances are that the property is a short sale. The key to a buying a short sale is to be the first offer in but also to have the highest and best offer on the table. Only one offer is sent to the bank for approval and you want to make sure you offer is the one that is being selected. Many of the newer construction homes in the Talega area of San Clemente have also seen a large decrease in prices and as a result more and more short sales are coming on the market.
If you need to sell you home and are considering selling your home as a short sale we can help you. Our dedicated San Clemente Short Sale agents take the time to explain the entire short sale process and answer any questions you may have. Our goal is to help our clients achieve their real estate goals whether they are looking to buy or sell. You will need to have two months worth of bank statements, a hardship letter explaining the reason for your hardship and why you want to short sale your home and the last years tax returns. Once an offer is received this short sale packet is sent to the bank. We then use our skilled short sale negotiator team who work on your behalf to negotiate with the bank to forgive the difference between what you owe to the bank and the buyers purchase offer. One of the biggest challenges is to keep the buyer motivated through the short sale process. If the buyer gets tired of waiting or finds another property than the short sale process will have to start over with a new buyer. That's why it's so important to work with a knowledgeable short sale agent that can perform all of these tasks to successfully sell your home. Please contact us today at 949-291-0424 to start the short sale process.