Excel Funding Real Estate Services, Inc. is there for consumers needing to do a short sale Rancho Palos Verdes, California

Are you ready to short sell your home?

What is a short sale? A short sale happens when the value of a home is less than the amount of the outstanding loans. Short sales are typically the result of home prices in a market rapidly declining.

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

How do I proceed with a short sale?

First, determine the true market value of your home. For those whose finances are already strained, hiring a licensed appraiser may not be an option. Therefore, an experienced local real estate professional that knows the current conditions of the Rancho Palos Verdes real estate market is a sound way to get an accurate estimate of what your home could sell for.

When you're ready to get started, contact me through my site or e-mail me. I'm glad to address questions you have about real estate short sales.

Next, determine your closing costs. My experience means I know to account for fees including title report, appraisal, escrow, property taxes, and agent commissions to calculate your final costs at closing.

Finally, contact your lender and tell them of the situation. They may even have a special department that deals with short sales. Ask about their particular steps. Some lenders will be more willing to work with you than others. They may be able to decrease your loan principal or make other arrangements. Your lender will have to give approval for the final sale.


Excel Funding Real Estate Services, Inc.

28924 South Western Avenue, Suite 110
Rancho Palos Verdes, CA 90275