Help With Short Sales

After a battle with cancer in 1995-1996 I was financially devastated and lost my home to foreclosure. Even though I was a real estate agent, I had not ever considered a short sale. While I was able to recover financially over the following seven years, if a short sale had been an option, I might have been able to recover much sooner.

Is the property where you live or an investment property you own worth substantially less than what you paid for it?

Are you currently or expecting to be behind in payments on either your first or second mortgage?

Have you been turned down for a loan modification with your loan company(s)?

Do you have a hardship that is currently or will in the future impact your ability to pay your mortgage payments?

If you can answer yes to any of the questions above, you should seriously consider the benefits of selling your property under Short Sale Terms.  In spite of the common misconceptions about Short Sales, there are benefits of selling your property via short sale that most people are not aware of. Educating yourself about the benefits of short sales and other options can help you make the best decision possible.

How much is your property worth? Free Broker Price Opinion CLICK HERE

Two of the Benefits of Short Sale over Foreclosure Include:

1. Less impact on your credit report than a foreclosure:

    Many experts have come out to say that credit scores of those people who sell their  

    properties via Short Sale terms will see less of a negative impact on credit scores and 

    people who sell short today might possibly qualify for a loan to buy another property in as

    little as two years from the date of short sale.

2. More control of the situation:

    Seller's who sell their property rather than wait for the foreclosure to come and take the

    property away have greater peace of mind knowing that they control a part of their future

    instead of leaving it to chance. Once the bank has agreed to the short sale, you will be given a

    move date and have knowledge that the system is working in your favor.

To prepare yourself for the paperwork needed in a short sale situation, we have created our Short Sale Checklist. Click Here to download this checklist and get the process started.

Contact my office immediately to get your questions answered. If you know what I know and realize just how much I care about helping you, you will be able to make the best decision possible. Call us at 1-888-558-0421 ext 1 or CLICK HERE to send us a note.