Whether you’re upside down and behind on your mortgage or can no longer afford the payments, a short sale may be the answer to help you avoid foreclosure. In a short sale, the line holder agrees to take less than the balance of the mortgage for a faster closing. Working with a home renovation loan provider in San Diego, CA can help you get your home ready to sell quickly and as close to market value as possible. Here’s what you need to know about short sales cycles and how you can avoid a foreclosure by going this route.
Make Fast Home Improvements
Before you put your home on the market as a short sale , you want to make sure that it’s in the best shape it can be given the short time and limited funds you have to make a sell. Depending on the condition of your home and how fast you need to sell, your best option may be to work with a home remodeling loan provider in San Diego who can provide you with the means to renovate, remodel, or repair as necessary to sell your property faster and for a higher price.
Hire an Agent Experienced in Short Sales
After the renovations and repairs are completed, hire a real estate agent experienced in short sales. There’s a lot of paperwork and potential pitfalls when selling your home on a shorter sale cycle, so make sure the real estate agent you hire to handle the sell is equipped and experienced to get you the best price for your home despite your desperate situation.
If you need to sell your home fast, Renovating Lives may be able to help you sell it faster and for a higher price than you expected. Our real estate investors provide home renovation loans to qualified homeowners in San Diego, CA. To get in touch with the team at Renovating Lives to learn how we can help with your short sale, call us toll-free at (888) 265-4613.