What is a short sale?
A short sale is when your lender accepts less money for your property than what you still owe. Upon the sale of your property at the negotiated price, your debt for that property will be settled in full. This is a good solution if you find you owe more than your property is worth and cannot continue to make the payments.
What Qualifies Me For a Short Sale?
If you cannot make your payments on your property due to hardship, you may qualify for a short sale. Hardships typically include divorce, death, loss of job, or job transfer. There can be a number of events that may qualify you for a short sale. Once you fill out the form, we will contact you and see if you qualify.
Will I Make Money On My Short Sale?
Unfortunately, you cannot. Part of the requirements of a short sale is that "the seller shall not receive money from the sale of the property". This is a standard requirement from the lender when accepting a short sale.
Will I Still Owe My Lender The Balance After My Short Sale?
Part of our negotiation process includes trying to get the lender to forgive the balance owed after a short sale. We will work to get the lender to excuse the remaining debt, and we will get them to put it in writing. However, there is no guarantee.
How Long Will My Short Sale Take?
Contrary to its name, a short sale is typically not a short process. Our professional negotiators have experience working to get a settlement as quickly as possible. However, the lender can take it's time when deciding whether or not to accept a short sale. The standard time ranges between 2-3 months. However, when you compare it to the alternative, foreclosure, you will find the extra time worth it. Considering how a foreclosure will affect your credit.
Why Should I Use You Instead Of any other Realtor?
Unlike many realtors, who may have no experience in doing short sale we have a dedicated team who knows how to get your short sale done so you can get on with your life. We also have extensive experience and training in dealing with short sales, something many realtors do not. We have the ability to expedite many situations with lenders and get you a settlement in less time. However, we do work with many Realtors.
What Fees Do You Charge?
We do not charge you any fees for negotiating your short sale. We will sell your house, then negotiate commission with the lender. We offer a free service to sellers like you.
Avoid Foreclosure! Simply fill out our Short Sale Questionaire, and we will answer any additional questions you may have and tell you if you may qualify for a short sale.
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