San Clemente Short Sale Listing: Bank Approval - 609 E Ave San Juan
Posted by Sam Smith on Monday, May 16th, 2011 at 4:21pm.
A San Clemente short sale listing at 609 E Avenida San Juan in the southeast San Clemente area of San Clemente, California just got bank approval from the 1st trust deed holder. The short sale was successfully negotiated by local San Clemente Short Sale agent, Sam Smith who submitted an offer to bank for short sale approval. The property has a total of three loans on the property so approvals are being secured from both bank this weeks. Typically in a short sale you work on getting approval from the first mortgage holder in the 1st position and then work on junior loans. Junior liens will typically just get a fraction of what is owed in a short sale but is better than the alternative of a foreclosure where the 2nd & 3rd trust deed holders get wiped out all together. If you have been thinking about short selling your home please contact Sam Smith today for a free consultation at 949-291-0424. Sam specializes in short sales throughout San Clemente and will walk you through the entire short sale process and see if you qualify to sell your home as a short sale.
