Fund2000.com Real Estate Podcast
Real estate is housing, its business, and so much more. Its complex. This podcast breaks down complex real estate issues such as sales, mortgages, foreclosures, and more. My name is Chuck Hamm. I began in real estate started after college when I became a sales agent in 2004, a licensed broker in 2008, then graduated of law school in 2017, and passed the California Bar Exam in 2019. I am a licensed mortgage loan originator, and principal and officer of California Mortgage Professionals, and I am a principal and officer in a nonjudicial foreclosure business, where I also assist in processing foreclosures. Subscribe to receive content about the real estate industry from sales and mortgages, to foreclosures, and all focused on California real estate issues. You can visit us at Sold2000.com for sales, Fund2000.com for mortgages, or email me at Chuck@Fund2000.com
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Fund2000.com Real Estate Podcast
Navigating a Short Sale: Selling Real Estate for Less Than Owed
In this episode, the host unravels the complex scenario of selling a property for less than the amount owed on its mortgage - a process known as a 'short sale'. With the current economic climate, there's a possibility we may witness an upturn in short sales and foreclosures. We delve into understanding the circumstances surrounding short sales. This involves selling a property for less than the outstanding mortgage balance, often a consequence of unforeseen hardships like an economic downturn or job loss, the short sale process, the critical role of the lender's approval, the importance of having an experienced real estate agent guide you through the process.
Check out Fund2000.com for our Mortgage Lending team (NMLS 2277963).
Sold2000.com for our real estate Sales Team (DRE 02173355).
Learn more about host Chuck Hamm here
or on LinkedIn, and contact him at chuck@fund2000.com.
Video version of podcast on Youtube or search for Fund2000 Real Estate Podcast!
This content is not legal advice. Contact an attorney for legal advice.
For specific real estate sales or mortgage lending questions, you may contact chuck@fund2000.com
