Hello this is Jeff Green from The Jeff Real Estate Team. We’re one of the leading short sale businesses in Central Valley and East Bay and we’re here to serve you with all of your real estate needs. As a team we’ve worked on hundreds of short sales and we’d like to work with you if you are facing foreclosure. The video blog you are viewing right now is intended to provide you with more information about the short sale process.
One of the questions I’d like to address is "What is title and escrow and what do they have to do with the short sale process?" In real estate, we use the analogy that there are three legs to the table: sales, which is what we do, lending, and escrow and title. Essentially escrow is a neutral party where all documents are conveyed and all information goes back and forth. A package is put together that includes all the documentation, contract information, money and other important items to transact the sale. Obviously this is a very important step in the short sale process.
Title is the part of the process that secures the title for the next buyer and provides title insurance. They are the ones that issue a policy that allows the next buyer to know that the title is free from defects; if there are defects that show up later, there is insurance to cover it. These processes are very important and we work together as a team with the lender and with title and escrow to ensure that things are done efficiently.
We look forward to helping you with your short sale. If you have any more questions or are curious as to how the short sale process works before you make a decision, please give us a call because we are happy to answer any questions you may have regarding short selling your home.
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About Jeff Green
Jeff listed and sold his first short sale in early 2006 at the beginning of the Real Estate Recession. While other agents rejected short sales because of their complexity and the work involved to successfully complete them, Jeff embraced them as a rewarding way to help home owners who were facing difficult times.
About Jeff Reyes
Jeff Reyes has been a REALTOR since 2009. In just six short months from starting his real estate career, he dominated the local internet traffic for short sales and started writing a weekly real estate article for the local newspaper. It is Jeff's passion to inform and equip the local community to be able to make smart real estate decisions. Outside of real estate, Jeff's major passions are vacations and his family.
