Short Sale Advantages

Short sales appear on your credit report as "pre-foreclosure in redemption", not as "debt discharged due to foreclosure"

Your credit score will rebound much faster with a short sale than a foreclosure.

Todd Schiedow's Experiance

I was a lender prior to coming to real estate sales. I have worked with Assett Managers to help negotiate short sales.

 I feel very humbled to have been able to use my knowledge and help so many people succesfully get approved for a short sale, remove the heavy burden from their shoulders and move forward with their lives.

My success is measured in how many people I can help, but also having a 100% approval and close ratio.

Because of my knowledge and expertise in the short sale field Coldwell Banker has chosen me to be one of there short sale specialists in Orange County.

There are quite a few things that can come up in a short sale, for instance unpaid taxes, liens, and association dues to name the ones that come up most often. All property taxes will paid for by the bank, most liens can be negotiated and removed and assocation dues will have to be paid, but in most cases can be negotiated and reduced.

In most cases there is no money required from the titled homeowner do to their hardship. The bank does require proof of a hardship in order to qualify.

All closing costs to list and sell your home are paid for by the bank or buyer.

Please contact me if you would like additional information on getting approved for a short sale.

todds@coldwellbanker.com

949-929-1339