Most Pasadena real estate agents do not understand how to work with a ˜short sale. They do not understand how to counsel their buyers appropriately and do not want to put in the time or effort into the short sale, thus avoiding any listings that state that they are ˜short sales.
We have been fortunate over the last 6 to 8 years not to work with loss mitigators at the banks in handling these home sales. It is an art more than a science. Each bank has thier own idiosyncrasies. It does get complicated and requires a lot of work on the part of your Pasadena real estate agent.
Can YOU buy a home through a Short Sale? YES¦ I just helped buyers purchase and successfully close a ˜short sale home last week.
Stay tuned for more information on how Short Sales work and what to expect. Ask your Pasadena real estate agent whether or not they know how to deal with a short sale.
There are currently 24 single family homes for sale that fall into the ˜Short Sale category in Pasadena as of today. They range between $349,000 and $799,000.
If you are looking to buy a home in Pasadena, it is important to understand all your options including Short Sale homes.