Top Producing Short Sale Specialist, REALTOR and Non Performing Loan Broker DRE#00995730.

Jon Cope has been serving the Real Estate needs of Buyers, Sellers, Investors and Developers in Beverly Hills, Los Angeles County, the entire State of California and Internationally for over 24 years.

I provide fast and outstanding service to all of my clients. Because of my past decades of experience and knowledge in Real Estate Sales, Listings, Development, Construction and Loan Brokering, I can perfect a quick and easy escrow and effectively net you more on the sale or purchase of your property.

Let me show you how to make your Real Estate worth more money, then I will give you a list of exactly how I will market your property for sale.

-- JON COPE, REAL ESTATE BROKER, DEVELOPER AND PURVEYOR OF FINE HOMES, ESTATES, LAND, COMMERCIAL, BUSINESS OPPORTUNITIES, INVESTMENT PROPERTIES AND NON PERFORMING LOANS SINCE 1988. CERTIFIED NEGOTIATOR, SHORT SALE, FORECLOSURE & GREEN SPECIALIST.

Over Ten Thousand Transactions

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SHORT SALE
TESTIMONIALS

LIST OF SHORT SALE TRANSACTIONS

Initiating a Short Sale

Most lenders require the seller to default on payments for at least three months (so they pay the penalty of a ding to their FICO score) before they will consider a discounted payoff to accommodate a short sale. A default in payments is the legal step taken by the owner to exercise the “put option” he holds a contract right inherent in all trust deed loans. The put option allows the owner to force the lender to buy the property through the foreclosure process (or consider a compromise) should the lender refuse a deed-in-lieu, loan cramdown, etc.

Cutoff Date

When a short sale occurs after December 31, 2012 on real estate encumbered by a recourse loan, the seller will incur a tax liability at ordinary income rates on the discount reported by the lender on an IRS 1099 Form, which is labeled discharge-of-indebtedness income.