Short Sale vs. Foreclosure In Newport Beach CA One of the toughest decisions facing homeowners in Newport Beach these days is whether or not to do a short sale. Most homeowners don’t understand the process, but what’s even scarier is that most real estates don’t either. Many agents tend to shy away from short sales because they don’t understand how they work. #1 – SELECT THE RIGHT AGENT Like all other professions, real estate agents are not created equally! A Newport Beach short sale is a very complicated and arduous type of transaction, and most agents just don’t not where to begin. As a seller, YOU MUST SELECT YOUR AGENT CAREFULLY! Choose an agent that is familiar with the process and who has successfully completed at least a couple of short sales preferably with multiple lenders. Mak... 11/27/2011