Century 21 Preferred Realty is there for homeowners needing to execute a short sale Lompoc, California

Are you ready to short sell your home?

Not sure what a short sale is? A short sale occurs when you owe more than what the house is worth. This could be caused by many reasons, but most often is a result of a rapidly declining housing market.

Short sales can be a way for homeowners to preclude foreclosure and pay off their loan with the lender by settling.

What's involved in a short sale?

First, find out the true market value of your home. A qualified REALTOR^®, like those at Century 21 Preferred Realty, will be able to give you a realistic idea of what your house will likely sell for based on a market analysis. Watch out for websites where a computer estimates your home's market value since they may not have complete information or know important things like neighborhood trends and current listings.


	Need an honest idea of what your home could sell for today's market? Contact us today to find out how Century 21 Preferred Realty can help.

Next, estimate your closing costs. The qualified REALTORS^® at Century 21 Preferred Realty will account for fees such as title report, appraisal, escrow, property taxes, and agent commissions to tally your final costs at closing.

Finally, get in touch with your lender and let them know of the situation. They may even have a specific department that deals with short sales. Ask about their specific process. Some lenders will be more inclined to work with you than others. They may be able to decrease how much you owe or make other arrangements. Your lender will have to agree to the final sale.

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Data maintained by Lompoc Board of Realtors may not reflect all real estate activity in the market. Information contained herein has been provided by sellers or other sources and has not been verified by the broker or his agents. Interested persons should independently verify the accuracy of all information.