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Short Sales are STILL possible, but hurry!

Posted by Connie Gohata on Thursday, July 18, 2013 Under: Short Sale
There are still people in denial - are you one of them?  Are you eligible for a short sale in the Obama plan and have not acted?  You really need to look at your situation, now, and decide that you can beat the bank!  What does that mean?

If your lender has sent you a Notice of Default and a Notice of Trustee Sale, you don't have much time!  You need to call me to figure out your options.

I had a listing in West LA, a couple months ago.  She, the owner, waited too long to call me. We listed her home, which was a really nice condo near Century City.  We had 10 buyers!  The buyer who got the deal knew it was a short sale.  BUT, since we couldn't sent in the right forms quickly enough (the seller was ill and couldn't concentrate on more than one form at a time), the bank couldn't wait any longer and sold the home at auction.  We were a day late!

That was too disappointing.  Even though you have a Realtor, if you don't cooperate and get the forms signed (there is always ONE MORE FORM, always!), you still may lose your home.  At that point, when the bank wants to sell, they won't listen.  They want a good 10 to 15 days before the sale to postpone it.

So, my advice - don't wait!  You can get out of your situation if you don't wait.  It won't go away, but your ownership of your home just may - it will be sold out from under you, you'll have a foreclosure on your credit instead of a short sale, and you will have issues trying to buy anything on credit for at least 7 to 10 years.  Don't be that person!

Call me.  714-553-9146

In : Short Sale 


Tags: "short sale" "home sale" "notice of default" "trustee sale" 
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Short Sales are STILL possible, but hurry!

Posted by Connie Gohata on Thursday, July 18, 2013 Under: Short Sale
There are still people in denial - are you one of them?  Are you eligible for a short sale in the Obama plan and have not acted?  You really need to look at your situation, now, and decide that you can beat the bank!  What does that mean?

If your lender has sent you a Notice of Default and a Notice of Trustee Sale, you don't have much time!  You need to call me to figure out your options.

I had a listing in West LA, a couple months ago.  She, the owner, waited too long to call me. We listed her home, which was a really nice condo near Century City.  We had 10 buyers!  The buyer who got the deal knew it was a short sale.  BUT, since we couldn't sent in the right forms quickly enough (the seller was ill and couldn't concentrate on more than one form at a time), the bank couldn't wait any longer and sold the home at auction.  We were a day late!

That was too disappointing.  Even though you have a Realtor, if you don't cooperate and get the forms signed (there is always ONE MORE FORM, always!), you still may lose your home.  At that point, when the bank wants to sell, they won't listen.  They want a good 10 to 15 days before the sale to postpone it.

So, my advice - don't wait!  You can get out of your situation if you don't wait.  It won't go away, but your ownership of your home just may - it will be sold out from under you, you'll have a foreclosure on your credit instead of a short sale, and you will have issues trying to buy anything on credit for at least 7 to 10 years.  Don't be that person!

Call me.  714-553-9146

In : Short Sale 


Tags: "short sale" "home sale" "notice of default" "trustee sale" 
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About Me


Connie Gohata RealtorĀ® and RE Investor Short Sale and REO Specialist Regular Sales, Distressed Sales CA/BRE #01822665 Phone: 714-553-9146

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