Newport Beach homes that are selling as a short sale or bank foreclosure often represent a great way to get a deal on a home. Both short sales and bank owned properties are very complex transactions and having experienced representation is imperative. Read more about Newport Beach short sales
Short Sale Information For Newport Beach Home Owners
No doubt short sales are a hassle in today's market since many short sales involve not knowing how long the bank will take to make a decision or if they will even accept your offer- quite frustrating! But, the good news is that some banks are becoming more efficient and shortening up their approval process. For the patient buyer, Newport Beach short sale homes can provide outstanding values.
are becoming more accessible as the banks go through their inventory-reduction process and review and accept a prospective buyer's offer only to see that the original buyer has moved on or can't qualify. In these cases, the short sale is "approved" and in most instances a new buyer can submit an offer and get a response within a much shorter period of time. These can be the best short sale properties in Newport Beach to make a purchase offer on.
It is important for you to know that we are highly experienced in dealing with banks and in negotiating short sales and bank owned foreclosures for our clients. If a Newport Beach short sale home appeals to you, we can find the very best value meeting your specifications and make the home-buying process as smooth as possible for you and your family. Please feel free to contact us for a complete strategy on buying a short sale or bank owned home.