A home owner in Encinitas had received a Notice of Default and a Trustee Sale date on his property and was facing an auction and possible eviction in nine days. He had spent many months applying for a Loan Modification from his lender and had just foundout that the lender would not agree to the loan modification.
Marilyn Dashe, a local Encinitas realtor from Century 21 Sea Coast, worked with this homeowner to list his house as a Short Sale. In three days, he listed his home on the market, had an open house for 70 possible buyers and agents, and received 10 offers on his property. With his agent’s help, he chose the strongest offer, submitted it to the lender, and postponed his date of Trustee Sale.
This Encinitas homeowner is now in the process of having his Short Sale negotiated by a team of processors at Century 21 Sea Coast in Encinitas and expects short sale approval soon. He will then have 30 days to move out of his house and will only experience two years of damage to his credit instead of 7-9 years of damage expected from a foreclosure.
If you are an Encinitas homeowner facing possible foreclosure, please call Marilyn Dashe from Century 21 Sea Coast in Encinitas to learn more about your options. She is certified by the National Association of Realtors as a Short Sale and foreclosure resource.