Another Chino Short Sale In the Inland Empire Closed By The Randy Charlton Real Estate Team Of Keller Williams Realty Rancho Cucamonga
Lien Holders: Wells Fargo / Original List Price: $219,000.00 / List Price: $245,000.00 / Sales Price: $246,000.00 / Sold Terms: Cash / Deficiency: Waived / Seller Cash Contribution: $0.00 / Total Days On Market: 131
February 4, 2013 (Newswire.com) - The Randy Charlton Real Estate Group just closed a Wells Fargo Short Sale with a property located on Flight Ave. in Chino. There were two lien holders, both Wells Fargo. The property was listed for $245,000.00 and sold for $246,000.00, in which the purchaser had cash and received no contributions in closing costs from Wells Fargo. The seller received an approval letter with no deficiency language.
The Randy Charlton Real Estate Group, lead by Randy Charlton, a Certified Short Sale Specialist in the Inland Empire, under the brokerage of Keller Williams Realty Rancho Cucamonga, uses a comprehensive plan to help sellers facing foreclosure make informed decisions about what is best for their situation. Homeowners facing foreclosure can request an appointment with Randy Charlton for a confidential consultation about their needs. Although Randy Charlton never encourages a Short Sale, many homeowners in Rancho Cucamonga and the surrounding areas of Fontana, Ontario, Corona, Upland, Chino, and Chino Hills, are facing true hardships that force them to attempt a Short Sale rather than face a foreclosure.
Many Chino mortgages now exceed the fair market value of the home. Negative equity has become an increasing problem for the nation, but is excessive in Chino. With the prices of Chino homes decreasing, and the interest rates on previous subprime loans increasing, many Chino home sellers have no choice but to negotiate with the bank to take less (also known as a "short") on the sale of the property. The seller proves a hardship to the bank which could include divorce, loss of income, health issues and other various situations proving the monthly mortgage payments are impossible for the homeowner to pay. The home owner hires a Real Estate agent, such as Randy Charlton, with The Randy Charlton Real Estate Group, to sell their home and negotiate the sale with the bank.
The Randy Charlton Real Estate Group is an award winning real estate team in Rancho Cucamonga with Keller Williams Realty and is owned by Randy Charlton Realtor. The Randy Charlton Real Estate Group consistently ranks in the top 20% of all producing real estate agents in The greater Inland Empire Board of Realtors and is in the top 10 short sale closers in Rancho Cucamonga for 2012.
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