Certified. Licensed. Experienced.
Los Angeles County Short Sale
LA's Top Short Sale Team
25 + Years Experience

Short Sale Agent, Specialist, Expert

Los Angeles County's #1 Short Sale Realtors.   FREE Expert Services.   FREE No Obligation Information

Top Short Sale Agent, Realtor, Specialist Los Angeles County CA

Short Sale Specialist, Realtor, Agents that are Different by Design

They take a different approach to real estate, one that is built on personal touches, win-win deals and positive results. Experienced, Certified and Licensed Award Winning Prudential California Realty Short Sale Agents. They offer unrivaled short sale expertise and keep current with bank short sale market trends (our short sale blog). They are Short Sale Realtors that strive to exceed every client's expectations. Certified Short Sale Specialists that find solutions custom tailored to you and your short sale real estate needs, even if your Short Sale is Investment Property. Serving All of Los Angeles County, California

Successfully Short Sale Your Home Los Angeles County CA

Short Sale your House, Protect your Interests. Goal #1

They understand how difficult the decision must be for you and your family to Short Sale your Home. They aim to build the bridges between home owners, real estate agent professionals and the Lenders, to ensure that you receive the help you need on a one on one basis. Although they have direct connections to most lenders ( Bank of America, Chase, Citi, Wells Fargo plus many others ) they work directly with you and for you to achieve a goal that is in your best interests. See Short Sale Reviews and Testimonials.

Bank Short Sale Experts Los Angeles County CA

Find a Good Short Sale Agent, with Prudential California Realty

Finding the right Short Sale Real Estate Agent to Short Sale your House is one of the most important decisions you'll make. Let Prudential California Realty Short Sale Specialists help by putting you at ease with the fact that you have true real estate professionals on your side! John is a seasoned Full Service Short Sale Listing Agent.  A Home Short Sale Realtor have extensive knowledge of the Los Angeles area and have Successfully Closed 100+ Short Sales in the following cities: Burbank CA, Canoga Park, Winnetka CA, Glendale CA, Granada Hills, Mission Hills, North Hills, La Crescenta, La Canada, Los Angeles, North Hollywood, Northridge, Porter Ranch, Pasadena CA, Sherman Oaks, Studio City, Toluca Lake, Valley Village, Sunland CA, Tujunga, Sylmar, Lake View Terrace, Van Nuys, Reseda, Woodland Hills, West Hills, and Chatsworth.

Mortgage Debt Relief Act EXTENDED through 2013

The Mortgage Debt Relief Act has been EXTENDED and is set to expire Dec 31, 2013. The extension of the legislation will give homeowners who sell their primary residence in a short sale the freedom of not being required to pay taxes on their losses. While avoiding taxes, homeowners will also avoid having their credit score lowered by a foreclosure.
Congress voted to pass an extension of the Mortgage Forgiveness Debt Relief Act as part of tax bill H.R. 8. The act is now gives homeowners who are underwater a chance to Short Sale their Homes without having to worry about the federal tax implications. There are guidelines to qualify, please refer to the 
IRS site.

According to CNN/Money, over 50,000 families lose their homes to foreclosure every month. The number of short sales has tripled over the last three years to the tune of about half a million homes per year. Clearly the extension of this act will benefit distressed homeowners by relieving them of the tax burdens associated with short sales.

Short Sale Realtor Reviews, Ratings, and Testimonials

Ca Short Sale Realtor, Agent Reviews

Can I Short Sale My House ?

Many Property owners have heard of a short sale in the news however unfortunately many who are eligible for this assistance program are not aware if they Qualify. You can Short Sale your Property whether it's a Condo, Single Family Residence, Multi-Family Residence, an Investment Property or a Primary Residence. Banks are now allowing Commercial and Multi-Family 5+ Complexes. Yes you Qualify if: #1 is mandatory and either of 2 or 3 or 4:

  1. The Home's Market Value Has Dropped. Comparable sales must substantiate that the home is worth less than the unpaid balance due the lender.
  2. Hardship – There is a situation causing you to have trouble pay your mortgage or
  3. Monthly Income Shortfall – “You have more Monthly Expenses than Monthly Income.” A lender will want to see that you cannot afford, or soon will not be able to afford your mortgage or
  4. InsolvencyThe lender will want to see that you do not have significant liquid assets that would allow you to pay down your mortgage.

What are Homeowner Hardships in a Short Sale ?

  • A reduction in income through the loss of a job, disability, illness, or just the straight reduction in hours that a causes the inability to continue to make payments.
  • Marital difficulties – Separations and divorces are legitimate reasons a lender will consider a short sale.
  • An increase in expenses – Reasons could include an increase in dependents, an illness, etc.
  • An increase in debts – credit cards bills, medical bills, legal fees and other similar types of debt.
  • Death – Death of a family member who was a contributing factor in keeping the mortgage current. Also the corresponding loss of income or medical bills associated with the death such as funeral expenses, etc.
  • Relocation – Each lender has different criteria as far as distance and reason.
  • Military service – There are some lenders that will accept being called into military service as an acceptable hardship.
*Is there a possibility you could still do a short sale without an actual hardship? Yes it is possible. This is what is known as a Strategic Short Sale. A strategic short sale occurs when there is no hardship and the owner could continue to pay their mortgage but it considering just “walking away” but does not want to suffer the consequences of a Strategic Default (foreclosure). If it makes financial sense to the lender they may still consider a short sale where there is no hardship.

How Do I Short Sale My Home ?

Contact us for a FREE Consultation. Either Call us (818) 478-1600 or fill out contact form provided on this page. The Consultation is Free, All our Services are Free (The Lender Pays us), we do all the negotiations for you with only you best interests in mind, and you can rest assured that you have a California Licensed, Certified Short Sale Agent working for you that will deliver a smooth, hassle free process.

What is The Short Sale Process in California ?

  1. Seller signs a listing agreement with a Short Sale Agent.
  2. A Buyer submits an offer to your Short Sale Agent.
  3. Seller accepts the buyer's purchase offer.
  4. Seller's lender accepts the buyer's purchase offer.
  5. Transaction closes, the lender releases the lien.

What are Short Sale Tax Implications?

The Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of debt on their principal residence. Debt reduced through mortgage restructuring, as well as mortgage debt forgiven in connection with a foreclosure, qualifies for the relief.

This provision applies to debt forgiven in calendar years 2007 through 2012, and has now been Extended through December 31, 2013. Up to $2 million of forgiven debt is eligible for this exclusion ($1 million if married filing separately). The exclusion does not apply if the discharge is due to services performed for the lender or any other reason not directly related to a decline in the home’s value or the taxpayer’s financial condition.

For a brief overview go to IRS Debt Cancellation FAQs. More information, including detailed examples can be found in Publication 4681, Canceled Debts, Foreclosures, Repossessions, and Abandonments. Also see IRS news release IR-2008-17. Ask your accountant to utilize Form 982 with your Return. Further Questions directed to the IRS go to IRS Tax Help at IRS.gov.

* You should speak to your accountant to determine the amount of short sale tax consequences, if any. Depending on your situation state taxes may apply.

Who Can Short Sale My Home?

Only a Licensed Real Estate Agent in The State of California can Short Sale your Home or Property. Banks do not not Short Sale Properties, they must utilize the services of a CA Licensed Realtor. Who Should Short Sale your Property is a different Question. Only an Experienced, Licensed, and Certified Short Sale Realtor Should Short Sale a Home or Property. It is a completely different job than your typical Real Estate Listing Agent. An Experienced California Short Sale Agent knows how to negotiate with banks to make sure all your interests are protected while successfully closing your Short Sale Property. Only Certified Short Sale Experts that personally negotiate with the banks so they know every detail of your transaction and keep in direct contact with the banks. If you have any questions regarding the difference Short Sale Realtor vs Realtor contact us at (818) 478-1600 or utilize the contact form provided on this page. Thank you.

What is a Short Sale in Real Estate?

A short sale is the process by which a homeowner can sell a house for less money than actually owed on the Loan(s) Balance.

What is The Short Sale Timeline?

We have a 98+% Success rate in receiving Short Sale Approvals from the Banks / Lenders. Do Short Sales take longer than Standard Sales? Probably. But depending on the Lender and how many loans are on the property we expect it take anywhere from 60-120 days.

Can I Short Sale my Investment Property?

Yes. We have sold many Short Sale Investment Properties. Investment Properties are about 30% of all our sold short sale properties and the percentage is increasing. Many landlords have exhausted all their savings on negative cash flow investment properties. The deficiency laws in California also apply to investment properties from condos and single family homes to multi-family units of 2-4 units. Taxes on deficiencies are quite a bit trickier on investment properties. If you have lived in one or more of the units 2 out of the last 5 years you may be able to claim it as a primary residence for tax deficiency purposes. Consult your accountant for clarification. Please call us to find out more information. Selling a Short Sale Investment Property is a complicated procedure and should only be done by an Experienced Short Sale Agent. Even if you own a Multi-Family with 5+ Units a Short Sale can be done. Banks, now more than ever, are willing to negotiate.

What is The Affect of a Short Sale on My Credit?

The credit consequences of a short sale vary slightly. Clients have informed us that a short sale will show up on your credit report as a 'settlement', 'settlement for less than owed' or a "pre-foreclosure in redemption". A short sale credit score can drop by 50-100 points.

There is no way to predict exactly how a short sale is going to affect your credit for it. We've had some clients who have mentioned that they’ve been able to rebuild their post short sale credit score in as little as 12 months. Other people who have not maitained their credit with other items, well, it’s probably going to take a little bit longer in order to rebuild their credit.

Can a Short Sale Stop Foreclosure?

YES, It can stop a Foreclosure Sale. But Technically it is a Postponement of The Foreclosure Process. The lendor/investor will postpone the Foreclosure Sale and re-schedule a later date. Until the lender sees action on the Property owners such as: the listing of the home, timely receipt of required documents, and a reasonable offer on the property, will the lender actually consider not re-scheduling a Trustee Sale Date. The foreclosing party—in most cases a lender—can stop a trustee sale up to the final day of the process. Today, many lenders will postpone a foreclosure with as little as a phone call from us explaining that you are trying to sell, and almost all lenders will postpone a foreclosure with a legitimate contract. For real estate professionals who understand foreclosures and short sales, there is time available avoid foreclosure and short sale your home.

Short Sale vs Foreclosure

Foreclosure is The Absolute Worst Option (see Foreclosure vs Short Sale) a Homeowner can choose. A Foreclosure can Damage your Credit for up to 10 years, and can lower your Credit Score up to 250 points. Your are continuously hassled by phone calls, letters, and door knockers with Notices of Default and Notices of Sale. Eventually there is a day of Reckoning. The Sheriffs show up to your door and you and your family are Evicted from your own home in plain sight of the entire neighborhood. A Short Sale typically Costs you Nothing, you get to stay in your home during the short sale process, and most the time the Bank / Lender will offer Cash Move-Out Assistance for your cooperation. You Sell your home with your acceptance, under your terms. The Home is Marketed by us like a Standard Sale and you get to leave your home and Neighborhood with Dignity.

Short Sale vs Loan Modification

It Depends. The Facts show that only 10% of Loan Modifications get Approved by their Lenders and of the 10% approved, Homeowners were not happy with the small amount of change in their payments. But if your lender lowers your payment significantly, you are happy with your home, future maintenance & repair costs are affordable, and you feel that the home will appreciate back to it's loan balance then a loan modification is a good option for you.

However, The great majority of homeowners are now opting to Short Sale their home for the following reasons:

  1. They are not with happy with the depreciation and drop in value of their home
  2. The potential repair and maintenance costs may put them right back into Default. (50% of Loan Modifications Default within 1 year)
  3. Their income and expenses will still be a struggle after the slightly reduced payments
  4. They Just want to move forward with their lives and start life anew.
  5. They wish to put their money towards a worthwhile investment, not a bad asset.

Short Sale vs Bankruptcy

It Depends. This is usually called The Option of Last Resort. As far as your Home is concerned a Bankruptcy usually just delays the inevitable. But it may be a good option depending on your financal condition and willingness to damage your credit for up to 7 years. A Bankruptcy typically also costs thousands of dollars to initiate.

Chapter 13
bankruptcy lets you pay off the late or unpaid payments over the length of a repayment plan you propose 3-5 years in some cases. But you'll need enough income to at least meet your current mortgage payment at the same time you're paying off the late or unpaid payments. (Avg Cost $2500 plus Court Costs...Up to a Total of $5000)

Chapter 7 bankruptcy will stall the foreclosure sale and give you two or three more months to work things out with your lender. Chapter 7 bankruptcy gets rid of your personal liability under the promissory note, but it doesn't remove the lien. Chapter 7 gets rid of debt but not liens--you'll still probably have to give up the house under the lien since that's what provided collateral for the loan. Your income cannot exceed $86,000 annually. (Avg Cost $2500 plus Court Costs...Up to a Total of $5000)

A study done by the American Bar Association indicated that 96 percent of the people who filed for bankruptcy protection ended up in foreclosure anyway. Many people feel that bankruptcy will stop foreclosure and save their home. However, because it entails that you continue to pay your mortgage (Chapter 7) or that you consolidate all of your debt while still paying your mortgage (Chapter 13) it is usually not a long term solution.

With a Short Sale their are NO Costs to initiate and typically No Cash out of pocket costs. A Short Sale damages your credit score less and takes a lot shorter time to rebuild your credit from 1 - 2 years. But a Short Sale will not relieve other financial debts.

Can I Short Sale after Bankruptcy?

Yes. As a matter of fact thta's what most homeowners and property owners do. We have many client's that opt to Short Sale home after bankruptcy.

Should I Short Sale after Bankruptcy?

It Depends. If it is still very hard to keep your head above water and you owe more than the property is worth, it is probably a good option for you. Contact us to get Free Advice on what options are best for you (818) 478-1600 or by contact form provided on this page.

What are The Costs to Short Sale My Home?

ALL our Services to you are FREE. The Lender pays our Commissions. We have Successfully Negotiated No Closing Closts for All of our previous Short Sale clients and don't expect that to change with any of our future clients. All of our Clients have Walked Away from their Short Sale FREE and CLEAR and the majority have walked away with NO CASH out of Pocket!

How Does a Foreclosure Affect my Credit Score?

A Foreclosure on your credit report can take 7-10 years to remove and can cost your credit rating (FICO) up to 200-280 points which is a very big hit.

My Payments are Current. Can I Short Sale? 

YES. Today's lenders are looking for verifiable hardship, monthly cash flow shortfall, or pending shortfall or insolvency. Many of our clients have had their Short Sale Home closed while they were current on their payments. They were one step ahead of the pack.

Do our Neighbors have to know our Home is a Short Sale? 

NO. We do our best to respect your confidentiality and privacy. Our Sign will be displayed in the same exact way our Standard Sale signs are. Our Marketing to the general public Will Not indicate anywhere that your home is a Short Sale. However, the one place we are obligated to designate your home as a Short Sale is our MLS.

Only other Real Estate Agents should have access to this information. It is understandable to have reservations about letting the world know that you owe more on your home than it is worth. However, according to recent estimates, more than one out of eight homeowners in the U.S. is in the same situation. You are to be congratulated for admitting you need help, taking action, and finding a professional who can work with you toward a solution.

With recent estimates showing 40-60% of U.S. sales will be short sales or foreclosures, you are not alon

I've Decided I Need to Short Sale My Home. Now What?

Contact us for a FREE Consultation. Either Call us or fill out contact form provided on this page. The Consultation is Free, All our Services are Free (The Lender Pays us), we do all the negotiations for you with only you best interests in mind, and you can rest assured that you have a Short Sale Realtor working for you that will deliver a smooth, hassle free process. About Us.

I have Two or More Loans. Can I Short Sale My Home?

YES. This is very common in California Short Sales. We commonly work with more than one lender and get them to cooperate to put together a smooth Short Sale Transaction. Contact us for a FREE Consultation. Either Call John & Mike (818) 424-8340 or fill out contact the form provided on this page. The Consultation is Free, All our Services are Free (The Lender Pays us), we do all the negotiations for you with only you best interests in mind, and you can rest assured that you have a Certified Short Sale Specialist working for you that will deliver a smooth, hassle free process.

My Property is in Rough Shape. Can I Short Sale My Home?

YES. In fact, lenders are more motivated to do a Short Sale on Home that is in need of repair, than ones that are not. Contact us for a FREE Consultation. Either Call John & Mike (818) 424-8340 or fill out contact the form provided on this page. The Consultation is Free, All our Services are Free (The Lender Pays us), we do all the negotiations for you with only you best interests in mind, and you can rest assured that you have Certified Short Sale Experts working for you that will deliver a smooth, hassle free process.

*The information presented in this website is for informational purposes only and should not be construed to be formal advice. Please consult a tax accountant and attorney before making any decisions regarding your house, legal advice, financial advice, or it's tax implications.

HomeOwner Short Sale Incentives up to $35,000 ?

What's the deal with this Short Sale Incentive "up to $35,000" to Short Sale My Home? Is it True?  You can see the advertisements all over Page 1 of Google, and on articles in CNN Money and The New York Times. Contact us so we can go over all the available programs and options that can benefit you. All our services and consultations are 100% FREE and obligation FREE to you. You can submit your request in the form provided on this page or call us at (818) 478-1600.

We promise to do our Best to make the
Short Sale Process - Hassle Free. We would love the opportunity to earn your business. Results may vary. Previous results are not indicative of your results. Not every Home owner will qualify for a Short Sale or some of the benefits previously received by our clients.

Short Sale News - SB458 Signed into Law 

LOS ANGELES (July 15) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) announces the signing of SB 458 (Corbett) into law.  SB 458 extends the protections of SB 931 (2010), to ensure that any lender that agrees to a short sale must accept the agreed upon short sale payment as payment in full of the outstanding balance of all loans. Under previous law, a first mortgage holder could accept an agreed-upon short sale payment as full payment for the outstanding balance of the loan, but unfortunately, the rule did not apply to junior lien holders. SB 458 extends the protections of SB 931 to junior liens.

“The signing of this bill is a victory for California homeowners who have been forced to short sell their home only to find that the lender will pursue them after the short sale closes, and demand an additional payment to subsidize the difference,” said C.A.R. President Beth L. Peerce.  “SB 458 brings closure and certainty to the short sale process and ensures that once a lender has agreed to accept a short sale payment on a property, all lien holders – those in first position and in junior positions – will consider the outstanding balance as paid in full and the homeowner will not be held responsible for any additional payments on the property.”

The CALIFORNIA ASSOCIATION OF REALTORS® (www.car.org) is one of the largest state trade organizations in the United States, with nearly 160,000 members dedicated to the advancement of professionalism in real estate.  C.A.R. is headquartered in Los Angeles.

California Short Sale Certifications and Licenses

California Licensed
California Short Sale Realtors
Short Sale Realtor

National Short Sale Realtor

San Fernando Valley
Licensed San Fernando Valley Short Sale Realtor
Short Sale Specialist

Short Sale Certified
Certified Licensed Short Sale Realtors
Short Sale Agent

National Certification
Certified CA Short Sale Expert
Short Sale Expert

Prudential Short Sale
Top Short Sale Agent


Licensed California
Licensed Short Sale Real Estate Broker
Short Sale Broker

California Realtor
Certified California Short Sale Realtor
Short Sale Certification

@LA - the guide to Greater Los Angeles and Southern California

Why Should I Short Sale?

There has Never been another time in History when Banks/Lenders are forced to Forgive Debt by Law. A Short Sale in Real Estate also provides that the State and Federal Taxes on that Forgiven Debt is generally exempt as well. The Lenders have been paying all Fees Associated with the Short Sale as well including Realtors Fees, Escrow Fees, Title Fees, and Even Over-Due Property Taxes. If you are Upside Down in your home, and have an over-whelming mortgage, it is time you learn why you should short sale your home and about the benefits a Short Sale in California can provide. We are a Certified, Licensed Short Sale Agent / Short Sale Realtor with over 20 years of Real Estate Experience. We have already Helped Many Good Down to Earth People Get Out of Their UnderWater Homes ...FREE and CLEAR. Contact us Today for a Free Consultation See Form on right of page or EMAIL US at Info@GetShortSaleApproved.com. Our previous clients have benefitted by:

  • Apply for MOVE-OUT CASH up to $35,000*.

Contact Us

Short Sale Home Sylmar California

FREE Advice. FREE Services.
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Choose a Top California Short Sale Realtor

Short Sale Experience. Short Sale Certified, Approved, and Licensed.

Recognized as one of the top Short Sale and Foreclosure Prevention Teams in the nation, We have been asked to speak at many short sale symposiums and short sale forums and have successfully listed and Short Sold properties with the following Lenders; Bank of America Short Sale Department, Chase Short Sale, CitiBank, GMAC, NationStar Short Sale Department, PNC Short Sale, Wachovia, and Wells Fargo.

A Short Sale is a highly specialized field in Real Estate and in order to be properly represented you should insist on the experience and training of a Certified Short Sale Expert. John Scillitani CDPE, SFR, Broker Associate is specially trained, certified, licensed and experienced in Home Retention, Stopping Foreclosure, and negotiating Short Sale homes with an unequaled rate of success.

We are Certified Home Retention Specialists. They give you unbiased straightforward information that will help you make the best decision for your Real Estate needs. If a Short Sale is not in your best interests we will tell you!

With over 20 years of Real Estate Experience, and have Successfully closed 100+ Short Sale Homes and 100's of Foreclosure Homes.

In addition to the vast knowledge they have accumulated through training and experience, John and Mike pride themselves in keeping up with latest short sale information, by attending many seminars, symposiums, and forums.
We dedicate our energy, time, training, and knowledge, to providing their clients the best Short Sale Services and Foreclosure Help possible. Their Success Rate completing Short Sale Homes while keeping all their clients interests in mind is unparalleled.

We are seasoned professionals. The listing should appear a standard real estate listing to you, your neighbors, your family, and the general public.  The inner workings and processes of a short sale are kept confidential.*

Certified Professionals that vigilantly protect your interests and needs during the entire Short Sale Process | Foreclosure Process. You are not alone. We understand.

* We are obligated to designate your home as a short sale in our MLS for only other agent's eyes.

-  No Obligation FREE Consultation.


Short Sale Department Experience

Certified, Licensed, and Approved to Short Sale Bank of America, Aurora, Chase, CitiMortgage, Credit Unions (Many), GMAC, Green Tree, ING, NationStar, PNC, SunTrust, Wachovia, WaMu, and Wells Fargo Short Sale Homes. We have Successfully Closed Short Sales with the following Lenders:

Bank of America Short Sale
Chase Short Sale
Citi Mortgage Short Sale
nationstar mortgage short sale
wells fargo short sale
wachovia short sale department
PNC Short Sale Specialists
HSBC Short Sale
ING Bank Short Sale
California Credit Union Short Sale
Aurora Loan Services Short Sale
US Bank Short Sale
Washington Mutual Short Sale Process
GMAC Short Sale process
SunTrust Short Sale
indymac bank short sale
onewest bank short sale
ally bank short sale
Countrywide Short Sale my Home

Here's What our Customers are Saying...

"They Listed our Short Sale Properties quickly and professionally. We couldn't have asked for any better results!"
- Rick and Raleigh, Sherman Oaks, CA


"We Only use them to Buy or Sell our Short Sale Homes! They are True Pros and Negotiate Hard for All our Interests. They have our back big time!"
- RAM Inc., Burbank, CA


"Our Sherwood Forest Home Sold with Multiple Offers in Only Two Weeks! They even handled objections by the appraiser without any concessions!"
- Joe and Sue, Northridge, CA


"I needed real Pros to sell my upside down home that was already listed with no avail. They even handled a tough situation with my tenants during the Short Sale Process! They got the job done...smoothly!"
- Frank, North Hollywood, CA


"John and Mike got us our beautiful Short Sale home in Pasadena...for well below market value!."
- Mary and Sherry, Pasadena, CA


"My Fiance and I were FHA approved and couldn't get any of our offers accepted. Then we met them and things changed! We got our great Short Sale home in Noho thanks to John and Mike."
- Susana, North Hollywood, CA


"They handled our buying experience in a professional and prompt manner, when others couldn't get it done!"
- Robyn and Scott, Mount Washington, Los Angeles, CA


"They were Great! It took time to find the right place for the right price and they stuck with me the whole way!"
- Jeremy C., Tujunga, CA


"I have recently started investing in properties, John walked me through the short sale process and landed me some great properties in Pasadena and West Covina. I'm going to keep coming back for more!"
- Ken L., Los Angeles, CA

See More Short Sale Reviews and Testimonials

California Short Sale Recognition Awards

Trulia California Short Sale Pros
Zillow Short Sale Expert  California
California Short Sale All Stars Zillow
Short Sale Expert
movoto short sale specialist
Movoto California
Short Sale Expert
Short Sale Expert Author
Author Ezine


Backed by the substantial resources and support of
The Prudential California Realty Short Sale Division, are proud to offer an exceptional level of service, knowledge, and integrity impossible to find elsewhere. Client service and satisfaction are the underpinnings of their business.

They Specialize in Short Sales, and Helping people get out of their Under Water Homes and Avoid Foreclosure. They are Officially recognized as Preferred Short Sale Agents for Bank of America, Chase, Citi Bank, GMAC, Wachovia, World Savings, and Wells Fargo Banks.
We are CA Licensed, Short Sale Listing Agents, Certified Short Sale Agents, Certified REO Agents, and Short Sale Buyers Agents. They are Award Winning Prudential California Realty Top Producers and are Five star rated in client satisfaction.
John Scillitani, CDPE, SFR, Broker Associate, is a Graduate of Rutgers University with Dual Bachelors Degrees in Industrial Engineering and Economics. Licensed since 2002, His experience ranges from Being an Automotive General Manager to the Real Estate Business with both The Luxury Market and First Time Buyers. He has extensive Knowledge in with Bankowned Homes.

Real Estate Agents with The CDPE, Certified Distressed Property Expert Designation have trained extensively to understand the solutions, and effective methods for dealing with homeowners facing the hardship of foreclosure. Don't risk your financial future and the potential sale of your home with an agent who does not have the training, experience, or tools to best help your needs, Contact Us with Form Above or Call 818-424-8340 for prompt and caring assistance.

Short Sales and Foreclosures — The New “Traditional” Transaction For many real estate professionals, short sales and foreclosures are the new “traditional” real estate transaction. Knowing how to help sellers maneuver the complexities of short sales as well as help buyers pursue short sale and foreclosure opportunities are not merely good skills to have in today’s market—they are critical. And while short sales and foreclosures are not for the faint of heart, agents with the proper tools and training can use these specialty areas to build their business for the long term.

Don’t Go It Alone — Choose an SFR Trained Professional
Designed for real estate agents, the National Association of REALTORS® (NAR) Short Sales and Foreclosure Resource certification, or SFR for short, is a Comprehensive approach. NAR’s SFR certification is the only one of its kind that focuses on both the buyer and seller sides of distressed property transactions.

In conclusion, Agents with the CDPE and SFR Designations have been trained in all aspects of the distressed property / short sale process, and know how to deal with the parties involved in foreclosures. Finding a CDPE can explain what options you have, and get you on the path to recovery.

Call our Team Leads John Scillitani, Broker Associate, CDPE, SFR, and Oilivia Prebula Realtor Associate Direct at 818-478-1600 for Free Advice.

Certified Distressed Property Experts fully understand that selling your house, can save your family life, and save your future buying ability.

What is a Short Sale in Real Estate ?

Short Sale in Real Estate Definition

Tax Consequences of a Short Sale

Sellers: If you are not sure if you are upside down in your house, and would like a FREE Market Evaluation from Certified Short Sale Realtors. Please Call us at (877) 604 -2026 or Fill Out Form and provide us with Home, Name, and Contact Information and we will have Evaluation Ready as soon as possible.

Short Selling a home successfully requires experience, time and resources. Selling your home can be a daunting task. We work hard so our clients can enjoy having their homes sold worry-free.

Working with a Top Short Sale Real Estate Agent ensures that your transactions will be handled professionally – which is why it makes sense to talk to us before you buy or sell!

Please Call us for a NO CHARGE, Confidential Consultation, and if you Qualify for a Short Sale, Selling Expenses, Move Out Expense, and our Services in most cases, will be paid for by the Bank! Please Do Not Pay for any Services that may be available to you at NO CHARGE!

Why will a Short Sale Work in California?
Banks do not want to foreclose
on your property because the foreclosure process is incredibly costly. Bank of America, CountryWide, Wells Fargo, Wachovia, Washington Mutual, and even the federal government have all publicly stated that if a person is qualified for a short sale, the process needs to be considered. Overwhelmingly, banks receive more on their investment through a short sale than a foreclosure.

Short Sale Information - Miscellaneous

Another good side to doing a short sale in regards to your credit is this: if you’ve gone behind your payments and you feel the road you’re going down now would ultimately lead to a foreclosure, well, as it stands right now, if you have a foreclosure on your record, then you would not be able to buy or purchase with a loan backed by Fannie Mae for a period of seven years.

Likewise, a foreclosure can impact people as far as their security clearance if they’re in the military and a foreclosure can impact a lot of people’s employment especially if they’re working any type of financing or handling of other people’s money. A lot of jobs are cracking down on this. A lot of employers are starting to check credit as well when they see a foreclosure on there. It can impact in that way. That’s one of the detriments of having a foreclosure on there

Serving All of Los Angeles County, California  and Surrounding Areas:

Licensed and Certified Short Sale Agents / Real Estate Agents / Realtors Serving All of Los Angeles County and The Surrounding Areas; including The San Fernando Valley, The San Gabriel Valley, and Downtown Los Angeles. Serving in the following areas:

Alhambra, Altadena, Arcadia, Arleta, Atwater, Azusa, Baldwin Park, Bellflower, Beverly Hills, Boyle Heights Real Estate, Burbank, Canoga Park, Calabasas, Claremont, Covina, Culver City, Downey, Duarte, Eagle Rock, Echo Park, El Monte, El Sereno, Glassell Park, Glendale, Glendora, Hermosa Beach, La Canada Flintridge, La Crescenta, La Crescenta-Montrose, La Puente, Lancaster, Los Angeles, Lynwood, Malibu, Manhattan Beach, Monrovia, Montebello, Monterey Park, North Hills, North Hollywood, Northridge, Norwalk, Palmdale, Palos Verdes, Panorama City, Pasadena, Pico Rivera, Porter Ranch, Rancho Palos Verdes, Redondo Beach, San Dimas, San Fernando, San Marino, Santa Clarita, Santa Fe Springs, Santa Monica, Shadow Hills, Sherman Oaks, Sierra Madre, Silver Lake, South El Monte, South Gate, South Pasadena, Studio City, Sun Valley, Sunland, Sylmar, Temple City, Tujunga, Valley Glen, Valley Village, Van Nuys, West Covina, West Hollywood, Westlake Village, Whittier and Woodland Hills.

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4839 Cartwright Avenue, North Hollywood, CA 91601 | 9827 Craig Mitchell Lane, Sunland, CA 91040
2300 W. Magnolia Blvd, Burbank, CA 91506 | 1625 W. Glenoaks Blvd., Glendale, CA 91201
13300 Ventura Blvd, Sherman Oaks, CA 91423 | 5653 Range View Street, Los Angeles, CA 90041
827 Foothill Boulevard, La Canada, CA 91101 | 2315 Foothill Boulevard, La Crescenta, CA 91214