Dublin Short Sale Help - What is a Short Sale

Dublin Short Sales are on the rise and hiring a Short Sale Realtor and local expert is extremely important. Messing up your Dublin short sale could lead to foreclosure.

If you are a Dublin homeowner it might be interesting to know there are currently 64 short sales in Dublin.

What is a Short Sale? Basically a short sale is selling a home short of what is owed on the mortgage. If you owe $500,000 on your home and similar homes are selling for $400,000, you would be shorting the bank $100,000 if you had to sell. Fore more info contact us at 925.621.4064.

Benefits of Short Sale. Avoiding foreclosure and saving credit score. Most of the negative effect of a credit score comes from missed payments on your loan, that is why hiring an agent who knows the short sale process can actually help save your credit too.

Negatives of Short Sale. Time and a lot of lookers. If you need to sell your home and you are short, you need to price it well enough to attract buyers and keep them around. The process of a short sale can take months and buyers can walk away. There will also be a lot of activity if the pricing is right to keep acitvity high. Again make sure the agent you hire knows the short sale process.

If you are a Dublin resident and need help selling a home and you fit the scenario above, contact us at 925.621.4064, or send us an email. We have successfully sold many short sales in Dublin and Pleasanton.

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