Michael Sebastian, Realtor in Orange, California
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- Business name: Michael Sebastian, Realtor
- Address:
- 2901 E Katella Ave
Suite D
Orange, California 92867 - Phone number: 714-771-3222
- Business hours:
- 9 AM - 6 PM
- Year established: 2009
- Credit cards accepted: N/A
- Number of employees: 1-5
- Map:
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- Email address:
- Category: Business & Professional Services
- Description:
- Michael Sebastian, Realtor provides professional real estate services for Villa Park, California, Orange, California, Anaheim Hills, California and Orange Park Acres, California. Search michaelsebastianhomes.com for featured listings, real estate buying and selling tips, MLS listings and more. Michael Sebastian received his California Real Estate license in 1979. For the next 30 years, he helped establish a successful business and invested in residential real estate. In 2009, backed by his wealth of experience in business and client satisfaction, he joined OC Signature Properties, Inc. in Orange. OC Signature Properties, Inc, founded by Villa Park real estate legend Ron Accornero is a small, boutique Real Estate firm specializing in Villa Park, Orange, Anaheim Hills and the surrounding areas. OC Signature Properties' emphasis on effective marketing insures the quickest sale for their client's properties at the highest market value. For buyers, OC Signature Properties focus on the local area means that buyers receive expert analysis on any property they may consider acquiring. Michael Sebastian is a member of California Association of Realtors and Pacific West Association of REALTORS. Through these associations, Michael Sebastian stays on top of the most current trends, real estate regulations and training, which is highly beneficial to his clients. Michael Sebastian is an experienced short sale expert. A short sale occurs when a property is sold to a new buyer for less than the total amount of liens against the subject property. In the current market, short sales represent almost half of all residential real estate transactions, due in part to the last 10 years of rapid and significant appreciation of residential real estate and relaxed lending standards. As the economy cooled and headed further into recession, many of those recent homebuyers lost their jobs and became unable to continue making mortgage payments. With current market values often times less than the amount of liens, the homeowner cannot sell the property without the consent of the lienholder(s) to accept less than what they are owed, hence the term “short-sale”. The alternative to a short sale for the homeowner who cannot continue making payments as required is foreclosure. Since foreclosure carries with it a higher penalty with regard to future ability to re-acquire real estate, a short sale is preferred. A short sale also avoids the significant costs to the lienholder in foreclosure. As much as a short sale may seem to benefit the homeowner as well as the lender/lienholder, these types of sales present many challenges that must be overcome to successfully market and sell short sale properties. Michael Sebastian and OC Signature Properties, Inc. are knowledgeable and experienced in this process and welcome inquires about it. Today’s real estate market is exciting and presents a tremendous potential for investors and prospective homeowners. For the finest in representation, analysis and advice, make your first call to Michael Sebastian!
- Photos:
- Last update: 2010-04-22
- Visits: 1043
