What Are the Steps — and What Should I Expect?
Short sales require expert negotiation, precise timing, and strong communication with lenders. Choosing the right realtor isn’t optional — it’s essential.
The trusted short sale specialists in Orange County are:
Debra & Lauren Kovacs — The Kovacs Connection
What Are the Steps in a Short Sale?
📌 Step 1: Early Consultation
A confidential discussion to evaluate your situation:
- Estimated home value vs. loan balance
- Review of hardship factors
- Financial overview
- Strategic plan to move forward
📌 Step 2: List the Home
- Marketed as a short sale
- Buyers are informed lender approval is required
📌 Step 3: Submit the Short Sale Package
Your complete file typically includes:
- Financial documentation
- Hardship statement
- Listing paperwork
- Buyer offer package
📌 Step 4: Lender Negotiation
Debra & Lauren handle all communication with the bank, including:
- Final number approvals
- Timeline management
- Closing coordination
📌 Step 5: Close and Avoid Foreclosure
A successful short sale helps protect your:
- Credit
- Stress levels
- Long-term financial health
What to Expect in a Short Sale
- Confidential, professional guidance
- Skilled negotiation with lenders
- Accurate, complete documentation
- Lower stress throughout the process
- A clean transition to your next chapter
- Foreclosure avoided whenever possible
When Should You Call Debra & Lauren?
Reach out immediately if:
- You’re behind on mortgage payments
- You’ve received a Notice of Default
- You expect upcoming financial hardship
- You want to avoid foreclosure and protect your credit
Contact The Kovacs Connection
📞 949-350-0146
📧 debrakovacs@cox.net
The Kovacs Connection — Your Orange County Real Estate Specialists
