Short Sale 101

 

 

Difficult Questions, Simple Answers

 

 

 

What is a SHORT SALE?

 

In a short sale, a seller facing potential foreclosure strikes a deal with their lender to accept less than they owe on the property, in exchange for avoiding foreclosure.

How can a REALTOR help me with my short sale?

A Realtor will negotiate with the Bank on your behalf and do all that she can to get the Bank to forgive the difference between what you owe and what the home is worth (even if you have multiple mortgages on your home).  The best part is the Bank pays all closing costs including a Realtor's commission!

  • Are you behind on your mortgage?
  • Is the loan modification process a nightmare?
  • Do you owe more money than your home is worth

Contact me, for more information or assistance

 

 

Benefits of a Short Sale...

 

1.  Sell Your Home Quickly and Easily for Top Market Value
2.  Pay Absolutely NO COMMISSIONS & NO CLOSING COSTS
3.  Avoid Foreclosure and Bankruptcy
4. Save your CREDIT
5. Potentially Walk Away From Your Home with No Debt and No Tax Consequesnces


Do you currently owe more on your property than what it is worth?  You may be able to walk away from your property without having a foreclosure on your record and without owing the Bank anything.  You can relieve yourself of the bad investment, the stress, and the burden. 

Contact Me for additional information or assistance.

 

Helpful Articles

 

AOL Real Estate

Short Sales vs Foreclosures - The Real Deal

CNNmoney.com:

Don't foreclose! Do a short sale

 

             
 

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