Why Are Short Sale Homes Not Closing at Better Rate at Huntington Beach?

Short Sale home deals are not closing quickly at Huntington Beach.

 

Why is that?  Huntington Beach is not unlike other areas of Orange County for short sale closings. 

 

Many if not most such short sale deals fall apart.  Some owners lose interest, or they get loan modifications, or some don't get their debt forgiveness applications completed for lenders to be satisfied, or lenders deny some applications for debt forgiveness, or some owners file bankrupty, or some owners want to live at the property rent free, and some lenders eventually foreclose.

 

Harrison K. Long, Explore Group, Coldwell Banker Previews, Irvine, CA.  Irvine Realtor.  CA DRE #01410855.  ExploreProperties@gmail.com.  Tel. 949-854-7747.

                   

 

See Marilyn Kalfus article, Orange County Register (click here for article).

 

Posted via email from Explore OC Homes