YOU MUST ACT FAST!
Completing a successful short sale could mean less of an impact on your credit, reduction times in being able to purchase another home, cash incentives to assist with moving costs, and assisting your neighbors and community by preventing additional foreclosures. By requesting a short sale with my office, I will do the work for you!
No out of pocket costs for you! You are not obligated to anything.
It is very important that you have a Realtor who specializes in short sales and has a relationship with banks with an understanding of their process. Call me today to set up an appointment for more details! The faster you respond, the more time you have before the foreclosure date.
This can be a very stressful time for you, however there is a way out and you can come out better on the other side. I can also assist you with finding a new home that fits your needs. I promise to take the stress off of you and work with your lenders with your best interest in mind.
A short sale is often used as an alternative to foreclosure because it mitigates additional fees and costs for both the creditor and borrower. The negative impact on the borrower's credit score is typically smaller in a short sale than in a foreclosure, but a short sale usually involves a lot more paperwork for all parties.
SHORT SALE BENEFITS
Credit score can drop 50-150 points vs foreclosure drop of 300-400 points.
Foreclosures are required to be documented on future loan applications. Short sales may not be.
Qualifying for a new mortgage could be done 1-3 years. Average 5-7 years after foreclosure.
Banks will waive their right to a deficiency judgement against you.
You can remain in your home and sell with the same process of a traditional closing.
Preventing home vacancies in your community, maintaining community standards.
Your mortgage lender may pay you to assist with moving costs
All your neighbors will thank you!
**Be advised that lender requirements and Government regulations can change or be modified and may affect the benefits of a short sale**