Shortsales, CA
What is a Short Sale: A short sale is a pre-foreclosure residential real estate transaction where the owner of the mortgage loan, the lender or lien holder (hereinafter sometimes "Lender"), agrees to allow the home owner to sell his or her property for less than -- or "short" of -- the outstanding amount owed on the mortgage loan, and to release the property from the mortgage. Homeowners who are "underwater" or “upside down” with respect to their mortgage loans, seek to sell their homes "short" to avoid the threat of foreclosure action and to lessen the credit damage that would accompany a foreclosure. Because of the "shortage", the transaction may involve "debt forgiveness" by the Lender. But this is often preferable to the Lender compared to a foreclosure – which has costs and risks for the Lender in terms of lost payments, eviction, property maintenance, insurance, taxes, fees, and the like -- or a loan modification, with the associated lack of certainty. Also, a short sale gets the non-performing mortgage loan asset off of the Lender’s financial books. (Reference: Summer Bakotich, Deputy Commissioner of the California Department of Real Estate)
Preferred Realtor in Shortsales
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We Can’t Have Pink Without GREEN.
“Sustainability” is a term you often hear these days with Mary Kay Specials. Ever wondered what it really means? Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs.
Why this? Why now?
From the day Mary Kay Specials opened the doors to her company in 1963, our business has reflected the Golden Rule values of our founder. Mary Kay Ash was a woman of enormous business savvy who understood how to lead with her heart. Her commitment to Go-Give action shaped every decision. So while Mary Kay’s 2021 commitments to sustainable growth and transparency exemplify corporate responsibility, they also reflect a legacy of action we’ve been building for nearly 60 years.
Through our Pink Changing Lives® initiatives, we donated millions of dollars to organizations around the world focused on supporting cancer research, protecting survivors from domestic abuse, beautifying our communities, empowering women and girls, as well as other social impact programs.
Through our historic Pink Doing Green® initiatives, new building projects achieved LEED certification, a reduced amount of operational waste went into landfills, over a million trees were planted to support carbon reduction efforts and we improved water efficiency in our manufacturing facilities.
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