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 for over 30 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, INDUSTRIAL, INVESTMENT PROPERTIES, REO'S, BUSINESS OPPORTUNITIES, PERFORMING 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.

Tax Forgiveness in the State of California:
Governor Brown vetoed Senate Bill 907 on 9/13/2016,
which will no longer allow the State of California to forgive mortgage debt on a principal residence in a Short Sale or a Foreclosure. Even though the Lender will forgive your debt to them, that has no effect on the State's taxation process, please contact your Tax Attorney before doing a Short Sale, to see how it may affect your State Tax Liability. Federally the mortgage debt is still forgiven whether it is a Foreclosure or a Short Sale.