Awarded Short Sale and Foreclosure Resource Certification (SFR) by the National Association of Realtors.

If you're seeking a good deal in the current real estate market, it's truly a race.

Whether you're a first time buyer or an investor, I can help.

My learnings from working with clients wanting to purchase a distressed property:

  • Buyers must be immediately informed the day a property becomes publicly available. 
  • With any offer, buyers must present a pre-approval letter from their lender. A letter from a reputable mortgage broker is fine to get started. However, some banks require pre-approval from a direct lender. 
  • Buyers must be prepared to view the property the day it's publicly available.
  • If they want their offer to be considered, buyers must be willing to submit an offer that very same day.
  • At a minimum, the offer must be based upon current short sale comparables. I recommend matching comparables, plus an additional 3-5%.
  • It can take 2-4 months before a bank responds to any offer.
  • There is a good chance that the bank(s) will ask for agreement from the buyer to pay other liens or fees, i.e., delinquent property taxes, delinquent HOA dues, loan mediation fees.

If I may offer you my assistance with locating a short sale or foreclosure property, please complete the form below. I watch the market daily for properties that meet my client's specific requirements and will notify you the day they become publicly available.

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Coast Sotheby's International Realty
381 Forest Avenue Suite 100A • Laguna Beach, CA 92651
Direct 949.606.2776 • Office 949.494.0001
Fax 949.215.1084
DRE# 962413


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