Are you living in southern California in a house that is upside down? Is your home worth less than what you own on your mortgage?
If you owe our mortgage lender more money than you can sell your house today for, you are upside down in your mortgage. This is never a good place to be in.
Maybe you need to relocate or sell in order to retire. What to do?
We recommend you contact Sidney Kutchuk at Realty Works in Temecula California. His number is 951-217-6745.
Sidney has been helping homeowners such as yourself negotiate terms with their lenders in order to get homeowners out from under their upside down situations. This is called a “short sale”.
In order to do a short sale, your house will need to be put on the market, listed for sale.
After your house gets an offer Sidney sends that offer to your mortgage lender along with your short sale package.
Find out the paperwork you need to put together prior to meeting with Sidney.
This was create a smoother and easier transition.
This is not something you will be able to do on your own.
If you have two mortgages on your property or maybe you have a mortgage and a HELOC, home equity line of credit, these take extra time to negotiate as now there are two lenders to deal with on getting them each to take less than what you owe them.
We have been working with Sidney Kutchuk for many years now. He will not let you down. Him and his team are very efficient, no wasted time or resources.
Selling your house as a short sale tends to bring people around who think they can buy your house dirt cheap. This is not the case. The banks know how much they are going to want to get for the property.
You will want to stage your home, putting it in the best light possible and get it ready for showings.
You can find out more about Temecula short sales and selling your house as a short sale by clicking here.
You can tell him you learned about him from our blog!