Preview all of the current Ladera Ranch Real Estate Short Sales on the market. A short sale is basically when a home is worth less than what the homeowner owes on the property. When this happens the seller will become delinquent on they're mortgage and will request they're lender to allow them to short sell the home. Sellers are smart and realize they can save their credit score and short sale their home with the bank. The short sale process time period can fluctuate depending on which bank holds the mortgage and how much the seller owes. We have seen some short sales completed in just a couple weeks and others have taken up to 9 months to complete. Recently, the banks have become faster at responding to offers so currently it takes around 1-3 months. If you are bidding on a short sale patience is a virtue. The key to getting a good deal on a short sale is to be the first bidder to make an offer and push to have your offer submitted to the bank as only one offer can be sent at a time. We are very experienced with short sales here in Ladera Ranch and can help guide you to find a short sale home to buy. Short sales continue to be some of the best deals on the market!
Please contact us today at 949-412-3515 with any questions regarding Ladera Ranch short sales!
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.