Selling Short Sale or Pre-Foreclosure Homes in Fresno, Clovis, Sanger, Selma, Reedley, Madera Real Estate
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Short Sale Definition:
Short Sales occur when a property is sold and the lender agrees to accept a discounted payoff, meaning the lender will release the lien that is secured to the property upon receipt of less money than is actually owed. The primary advantage of a short sale is that a borrower can typically obtain a loan and purchase a new property in less time than with a foreclosure.
Short Sale Expert:
With over 20 years of experience in the Fresno and Clovis real estate market, Harold Penner is an expert in the listing and buying of short sale properties. A leader in the Fresno and Clovis real estate market, Harold was honored as "Top Sales Agent" for Guarantee Real Estate in 2007 with over $29 million in sales.
One of Harold's specialities is listing and successfully closing short sale (pre-foreclosures) properties in Fresno, Clovis, Sanger, Selma, Reedley, Kingsburg and Madera, California. Currently, in the Fresno real estate market, only 4% of listed short sales successfully close each month. There are significant challenges in negotiating with financial institutions and identifying qualified, patient buyers. It is therefore, essential to choose an experienced short sale specialist if your home is in danger of foreclosure.
If you would like Harold's professional assessment regarding whether your home would qualify for a short sale please complete the information below.