Equity or Short Sale
Equity Sales
An Equity Sale is a normal real estate listing and transaction when you have sufficient equity in your home. You list your home with a Realtor and pay normal closing costs including real estate commissions from your equity.
If you are behind in payments, have received a Notice of Default (NOD) or Notice of Trustee Sale (NOTS), the lender will normally suspend the process while you sell the property and pay off the loan balance and preserve your equity and credit.
Summit Real Estate Group is offering a Turn-Key Marketing Plan to avoid Foreclosure and/or Delay the Foreclosure Process to facilitate the Sale of your Property and obtain the highest possible Price and Net Equity.
The Turn-Key Marketing Plan has the following key features:
1. Defer cost of Necessary Repairs and/or Minor Improvements to Close of Escrow to Facilitate the Sale of Property and obtain the highest possible price
2. Decluttering and Relocate Excess Furniture to Garage or Storage
3. 35 Point Comprehensive Marketing Plan
a. Professional Virtual Tour and Photography
b. Exposure on All Major On-Line Real Estate Websites
c. Listing placed in Regional CRMLS and Orange County MLS
d. Multi-media Advertising, Social Media and Networking with top Southern California Real Estate Agents
e. Competitive Commission Rate
f. Comprehensive Disclosure Package to Avoid Future Litigation
g. $1,000,000 Errors & Omissions Insurance Protection
4. Strong Negotiating Skills to Obtain Highest Possible Price, in the Shortest Time Frame, with Favorable Terms and Conditions
5. Double App Loan Applications for a second opinion to Verify Buyer will Qualify for Loan Approval based on Credit and Assets
6. Control Escrow Process by Selecting Services including Escrow, Title and Termite Southern Inspection
7. Closely Monitor Buyer Inspections and Loan Approval Process
8. Proactively Remove All Buyer Contingencies (Home Inspection, Termite Inspection, Disclosures and Loan Approval) at Front End of Escrow
9. Coordinate Seller Moving Arrangements
a. Assist in Disposal/Sale of Unwanted Personal Property
b. Schedule/Coordinate Seller Relocation (Pods/Moving Company/etc)
Our Goals To Help You
1. Prevent Foreclosure if Possible, but if not Possible…..
2. Preserve and Protect Your hard-earned Equity and Credit
3. Obtain the Highest Possible Price in the Shortest Time Frame, with Favorable Terms and Conditions
4. Obtain Highest Possible Sale Price and Maximize your Net Equity
Let our Team of Real Estate Professionals and Business Associates with 25+ years of experience and 1,000+ successfully closed transactions represent your best interests. Call now to schedule a Free, No Obligation Consultation and learn more about our Turn-Key Marketing Plan.
Short Sales
Say you’re selling your home; however, the offer you get is so low, it won’t cover the total amount you owe your lender on your mortgage balance. But you need to unload it, so you’ll take it. This is a short sale simply put, you end up “short” on paying back your lender, and your lender agrees to accept less than what’s owed on the loan.