Short sales are occurring across all price levels on the Monterey Peninsula with the one home in Pebble Beach currently listed for sale at $5,950,000. These transactions can be complex with nearly always a “second” loan and often a third. In these cases the negotiation between the seller and the lenders is often the more challenging and time consuming than the negotiation between the seller and buyer. As a buyer of a short sale it is imperative that your agent … Continue reading Pebble Beach and Carmel Short Sales, Complex Financial Transactions
