Good Warning Californians - Beward Short Sale Scams

The OC Register has reported on the rising number of distressed home sales in the Orange County real estate market. One option for some distressed homeowner is the short sale process. It's important to note that with the growing number of short sales in California, so-called "short sale negotiators" are cropping up statewide.  In a recent article it was reported that the number of cases involving short sale fraud is increasing. This is a huge concern. Short sales are unchartered terrain for many nervous homeowners and short sale scams add to that confusion. However, short sales can be a safe, viable option for many homeowners if they are executed correctly.If you are a distressed homeowner and you would like to find out if you can qualify for a short sale, please remember that only qualified real estate agents (or attorneys) can help you with a short sale.A real estate agent who asks for an upfront fee in a short sale case needs to submit special paperwork to the Department of Real Estate so make sure to find out more about the fees. This request could be a red flag.About Torelli Realty: Torelli Realty  has been servicing Costa Mesa, California almost exclusively for over 25 years and knows Orange County real estate. The company has 100% success with short sales. Feel free to contact Torelli Realty for a consultation and for all your real estate needs.WEBSITESHORT SALE WEBSITETWITTER  – FACEBOOK - COMPANY BLOG