TNG Real Estate Consultants is an independent real estate brokerage, committed to providing outstanding service and value to buyers and sellers. We are widely recognized as the preeminent real estate company in California. We are known for developing quality working relationships with our clientele; relationships based on respect, integrity, and trust. TNG is proud to have developed beneficial relationships with lenders, inspectors, contractors, and a wide range of housing professionals. We pride ourselves on building a solid foundation for your home to rest upon. Whether you are purchasing, selling, or both...we ensure that you have the support you need to make to make sound decisions and receive the best deal possible. We go the extra mile for you!
The agents at TNG Real Estate Consultants take the time to listen to your needs and dreams. We work tirelessly to facilitate your goals without compromise. Jenelle and Wayne are committed to treating every client as if they are our #1 priority.
Whether you are buying, selling, or simply considering a move, we will be happy to speak with you.
Short sale specialists
We have helped numerous homeowners in the counties of Orange, Los Angeles, Riverside, San Bernardino, San Diego, and elsewhere in California, and we can help you as well. Don't trust your home Short Sale with just any Real Estate Agent !! You may only have one shot at this, and there is a lot riding on the successful negotiations with your Bank and subsequent sale of your Home.
What is a Short Sale ?
In simple terms, a short sale is transaction in which the banks accepts a discount on their mortgage to allow a sale, and thus avoid foreclosure or bankruptcy. For example: A homeowner, who is facing foreclosure, has an existing first mortgage of $600,000. The market value of the home is $350,000. The Mortgage Bank agrees to wipe out $250,000 in mortgage debt, and accepts the offer for $350,000 and the home is sold. In actual practice, a Short Sale is the most complex of all transactions, so make sure you work with seasoned professionals.
Major Banks are Encouraging Short Sales over Foreclosure
Fannie Mae recently changed their underwriting policy so that a past home owner now has to wait 5 years after a Foreclosure before FNMA will underwrite a new loan. If the homeowner conducted a Short Sale the wait time is just 2 Years! Freddie Mac also offers participating Banks a $2,200 incentive to conduct a Short Sale versus Foreclosure.
The Intelligent Choice!