Orange County REO and Short Sale Property
Finding a deal on Short Sale and Banked Owned property can be surprisingly easy in Orange County. High real estate costs here often cause mortgage borrowers to default on payments, and either go to foreclosure, or sell quickly to avoid it. Slow property sales and level values in recent quarters have also made it harder to sell real estate and recoup losses. For sensitive investors, these market conditions are an opportunity to help struggling home owners get back to financial stability, and pick up a property for less than market value
Sale of Short Sale properties will be subject to bank approval and may take weeks to gain approval, depending on whether the seller has submitted the necessary documention for approval.
Any offer for Short Sale or Bank Owned properties may be subject to additional terms, addendums, lender pre-approval or double application for loan approval to be submitted with purchase agreement (offer) submittal for it to be reviewed. For complete details on any property or to discuss a specific strategy for having your offer accepted, please contact The Hartanov Team for professional and experienced representation.
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