Delta Bay Realty is there for consumers needing to execute a short sale Pittsburg, California

Need to short sell your home?

What is a short sale? A short sale occurs when the amount of the outstanding loans are greater than the amount for which the home could sell. This can be attributed to many reasons, but commonly is a result of a rapidly declining real estate market.

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

What's involved in a short sale?

First, find out the true market value of your property. Since paying for a licensed appraiser may not work with your already tight budget, an experienced local real estate agent that knows the current conditions of the Pittsburg real estate market is the best way to get a realistic opinion of your home's value.


	Pittsburg homeowners who are upside down on their mortgage and need relief fast can rely on the expertise of Delta Bay Realty to guide them through the short sale process. Contact us today for a free consultation.

Next, determine your closing costs. The knowledgeable real estate agents at Delta Bay Realty will account for fees such as title report, appraisal, escrow, property taxes, and agent commissions to estimate your final costs at the closing table.

Finally, contact your lender and make them aware of the situation. They may even have a special department that deals with short sales. Ask about their particular procedures. Some lenders will be more able to work with you than others. They may be able to reduce the amount owed or make other arrangements. Your lender will have to approve the final sale.

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