foreclosure alternatives

The Final Step: Closing Escrow

Posted on Oct 28, 2011 in Short Sale

Thank you for joining me today; my name is Jeff Reyes and I’m part of The Jeff Real Estate Team, one of Central Valley and East Bay’s top short sale businesses. Every year we help people avoid foreclosure by working with them to short sell their home. Today I would like to discuss the fifth, and final, step in the short sale process as part of our continuing series on the short sale timeline. If you are curious about the previous steps feel free to check out our website and view our other video blogs.

The fifth step in the process is escrow closing, which everyone looks forward to. It’s a huge milestone for the seller because they can move on and start a new beginning. Many agents will stop assisting their customers at this point because they feel their work is done. At The Jeff Real Estate Team, we have members that have been through this process personally, so we know what it’s like and we don’t stop working with you just because we’ve sold your home.

A lot of people don’t realize that most banks will lend to them again in 2-3 years. While some people may not be interested in purchasing another home, the cost of living in regards to owning versus renting is a substantial difference. After that time period is over and we’ve helped you through the process of restoring your credit, we are right there with you helping you find a home to purchase at an amount that you can reasonably afford.

The Jeff Real Estate Team is here to help you in any way possible, whether it’s short selling your home, or finding a new home after you have previously done a short sale. Please feel free to give us, The Jeff Real Estate Team, a call today; we’d love to work with you.

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Related info:

  1. The Second Step In The Short Sale Process: Contacting The Lien Holder
  2. Entering Into A Sales Contract: The Third Step In A Short Sale
  3. The First Step In The Short Sale Process
  4. Obtaining An Approval From the Lender
  5. The Jeff Team Discusses Pre-Foreclosure Timeline In California