As a leading escrow company, Inspire Escrow Services offers clients a range of effective services including residential, commercial, and refinancing escrow. Another common escrow service that we provide pertains to short sale transactions. These are situations in which homeowners at risk of being foreclosed on seek to sell their properties for values below the amounts owed on the mortgages. Experienced, knowledgeable, and dedicated to providing an exceptional experience from start to finish, the escrow officers at Inspire provide the best short sale escrow services in Covina, California.
Short sale deals can be a worthwhile option for homeowners that find themselves unable to afford their mortgage payments. Rather than going through the harmful process of foreclosure, these homeowners instead put the houses on the real estate market, but for less than the existing mortgage obligations. For those considering Covina short sale escrow, it is important to note that these particular transactions cannot take place without the express consent of the lending institution.