Amer Real Estate & Investment Co is there for sellers needing to do a short sale Long Beach, California

Are you ready to short sell your home?

Don't know what a short sale is? A short sale is when the amount of the outstanding loans are greater than the value of the home. Short sales are often caused by values in an area rapidly declining.

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


What's involved in a short sale?

First, figure out the true market value of your home. A qualified REALTOR®, like those at Amer Real Estate & Investment Co, will be able to give you a realistic idea of what your property should possibly sell for based on prior sales of similar houses in the neighborhood. Beware of websites where a computer estimates your home's market value since they may not have complete information or know important things like neighborhood trends and current listings.

Need real estate advice? Contact us today to find out how Amer Real Estate & Investment Co can help.

Next, determine your closing costs. The qualified REALTORS® at Amer Real Estate & Investment Co will consider fees such as title report, appraisal, escrow, property taxes, and agent commissions to calculate your final costs at the closing table.

Finally, call your lender and make them aware of the situation. They may even have a particular team that oversees short sales. Ask about their specific process. Some lenders will be more able to work with you than others. They may be able to decrease your loan principal or make other arrangements. Your lender will have to approve the final sale.

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