The short sale process can often be unfamiliar and complicated. In today’s real estate market, short sales and distressed sales account for more than 40% of nationwide home sales. Avoid the stress of foreclosure. The key to a successful short sale is a professional consultant that fully understands the process and has great banking relationships.
www.getmyshortsale.com meets all of those qualifications and more. We will provide you with a comprehensive description of the short sale process as well as advise on other options that may work for you if you are not eligible for a short sale. Why waste any more time? Fill out our form or call us to speak with a representative today!
We can help you get a fresh start
WHAT IS A SHORT SALE?
A short sale occurs when a property is sold at a price lower than the amount the homeowner owes on the mortgage and the lender agrees to that amount as a payoff. Lenders often agree to short sales when the borrower cannot continue to make the monthly loan payment, doesn’t have enough money to pay back the full balance of the loan and needs to move out of the property or if the property is worth less than what is owed on it
WHAT ARE THE BENEFITS OF A SHORT SALE?
A short sale benefits each party involved differently. The following list explains the benefits of a short sale for each party involved:
– Home owner: The homeowner avoids foreclosure and the headaches that come with a foreclosure, allowing a dignified transition into more affordable housing
– Buyer : The buyer purchases a property at a fair market value and avoids having to deal with the risks of buying a foreclosed property
– Seller’s mortgage lender: The lender gets to mitigate its losses by avoiding the process and expenses of foreclosing and reselling the property.
– All other parties: Insurance company, title company, mortgage broker, appraisers, buyer’s agent, and listing agent will all earn a profit from a short sale transaction for rendered services
WHY PERUSE A SHORT SALE?
Homeowners pursue a short sale when they can no longer pay their mortgage, need to move from the property and want to avoid a foreclosure. The impact of a short sale on the homeowner’s credit record may not be as derogatory as a foreclosure.
THE KEYS TO A SUCCESSFUL SHORT SALE.
The success of a short sale relies on the experience and expertise of the specialist handling it. Because of the complex nature of a short sale transaction it is imperative that sellers or buyers work with professionals who have a proven track record in successfully closing short sales. With our agents you get experience, diligence, and relationships that allow for your short sale to close quickly and successfully
Call TODAY to learn more! 1-866-320-9329
Get My Short Sale meets all of those qualifications and more. We will provide you with a comprehensive description of the short sale process as well as advise on other options that may work for you if you are not eligible for a short sale. Why waste any more time? Fill out our form or call us to speak with a representative today!
