The current economy has made this real estate market trickier than ever and only capable experienced agents are successful helping sellers with their current Real Estate challenges.
There are alternatives to Foreclosure. We have a team dedicated to helping folks with Short Sales. A short sale is when your lender agrees to take less than they are owed in exchange for their release of the lien on your home. A short sale allows you to have some control when selling your home. This Free service (yes, I said, free) can help you keep a Foreclosure off your credit report. We’ll have the lender pay all the closing costs and commissions, so the sale of your home costs you nothing. Short sales are not always the best alternative for some people (investors with multiple properties, for example) since the Mortgage Debt Relief Act of 2008 only provides exemptions for primary residences, and only up to $1 Million. There is also no guarantee the lender will agree to take less than they are owed, even though it saves them money on attorneys’ costs, foreclosure companies’ costs, eviction costs, holding costs, etc…
Give us a call today to discuss your options. We will give you honest answers. We have workable solutions and the experience to sell your home as a Short Sale. We can help you get through what can be a very difficult time.
