|
|
|
What Is A
A short sale is a legal, lender approved solution |
|
|
|
What Is A
A short sale is a legal, lender approved solution |
|
|
|
|
The Details... What we will do for you is handle the complete process with the lenders and you don't have to worry about anything, because we take care of it all. It can be done very quick, sometimes as little as 30 days, and in some instances can take up to 6 months or more. This all depends on which banks we will be dealing with. The average time should take from 2 to 4 months. We have a team of licensed reputable realtors and experienced savy negotiators that we use. We also have an attorney backing us. WE HAVE NEVER LOST A HOME TO FORECLOSURE!
In the current real estate market and economy, in
Here are some of the many advantages to doing a short sale:
* Your property is saved from a foreclosure thus helping you to save your credit rating. A foreclosure can affect your credit for up to 7-10 years.
*You will no longer have to worry about making payments. If you are still living in your house you can live rent free while we are working your short sale.
*You can walk away from a major problem and a property that is worth much less than what you owe on it.
We only use agents who are reputable, honest, extremely knowledgeable, and have done numerous short sales. Our main short sale specialist is with Century 21. We have now successfully completed dozens and dozens of short sales in all price ranges. We have a 100% closing ratio to date. We will be happy to provide all the references you need. We are very capable and confident handling the luxury and high end short sale market.
If you do decide to do a short sale and you go through someone else....just a word of caution...short sales are still pretty new and they can be very difficult if you don't know what you are doing. Many different and tricky situations can come up and you need someone who has handled all types of these scenarios before. Many agents take these on without the proper knowledge, training, or experience and we have seen many lose their client's home to foreclosure. Don't let that happen to you!
If you are wondering how we get paid, we don't get paid by you for this service we provide for homeowners. We get paid by the banks when we complete the short sale. If we don’t get it done, we don’t get paid. In some cases we have even been successful getting the banks to pay you the seller up to $3,000.00 at closing.
Another benefit of using us is in most cases you will have a very solid investor (either us or someone we work with) making the offer to buy your house. That way you don't have to worry about waiting for the short sale to be approved and then having a buyer who has walked. Since a short sale can take awhile to complete, it can be a very common thing to have lost the buyer for various reasons by the time the lender approval comes.
Although doing a short sale is not for everyone, sometimes it is the right decision to just be done and move on. Many home owners are stuck in a house right now that is worth anywhere from 40% to 75% less than what is owed on it. It can be very rough trying to keep making that large note on a house worth so much less. Who knows how long it will take for your home's value to come back up to the balanced owed on your mortgage. We can't give you an exact answer but we can tell you it's likely to be a very long time before you can even get close to having any equity in your home. It can quickly turn into being a very bad business decision to keep doing it. We will be very happy to discuss this with you in detail and fully explain the short sale process and answer any questions that you may have. You will find that it is very important to us to take care of our clients and we take our work very seriously.
|
|
