Tag Archives: Central Coast Short Sales

Short Sale vs. Foreclosure When You Have a HELOC in California

Posted on March 29, 2011 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

Just walking away may seem like the easiest way out, but it may in fact make things more complicated for you. If you have a HELOC, I do believe a short sale is usually worth the hassle. At the very least, a short sale gives you the opportunity to negotiate with your lender up front – and, foreclosure is always there as an option, but a short sale isn’t. Continue reading →

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How Time Can Run Out On Your Santa Maria Short Sale

Posted on March 13, 2011 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

One of the worst things that distressed Central Coast homeowners do is waiting until the clock is ticking before contacting a short sale agent. When does the clock start ticking? I tell people it starts ticking when you stop paying. Ideally, if you know a financial hardship is imminent, you should begin exploring your options, including a short sale, before any payments are even missed. In its recent Open Letter on Short Sales, the California Association Realtors reports that according to surveyed California Realtors® only about three out of five short sales close. Continue reading →

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Should I Make an Offer on a Central Coast Short Sale Property?

Posted on January 12, 2009 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

Short sales are popping up all over the Central Coast of CA due to the recent housing boom/bust. Many buyers are interested in these properties because they offer the possibility of today’s prices with less competition from other buyers. Continue reading →

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