There's Absolutely No Comparison!
Ranked in the top 1% percent of 1.2 million agents in the United States! Uniquely connected to the highest net worth clients in the world!
The Joe Schembri Team is recognized as one of the TOP 100 Teams for Coldwell Banker Real Estate Nationwide out of 1,400 teams!
We will not rest until your home is sold for the highest price!
Over 3,100 homes sold YTD!!!
Coldwell Banker is the Largest Real Estate Firm in the Bay Area!
Recently named the #1 Team for Coldwell Banker Real Estate Company for the San Francisco Bay Area Region in 2008-2017 & 2018 YTD.
WHAT IS A SHORT SALE?
A short sale is a sale of real estate in which the sale proceeds fall short of the balance owed on the property's loan. It often occurs when a borrower cannot pay the mortgage loan on their property, but the lender decides that selling the property at a moderate loss is better than pressing the borrower. Both parties consent to the short sale process, because it allows them to avoid foreclosure, which involves hefty fees for the bank and poorer credit report outcomes for the borrowers. This agreement, however, does not necessarily release the borrower from the obligation to pay the remaining balance of the loan, known as the deficiency. (Definition source -Wikipedia)
Sample Short Sale Package (items may vary depending upon the lender):