Is a Short Sale for You?

Are you telling yourself that you’ll just “walk away” from your home? Foreclosure is the worse choice possible. There is no such thing as “walking away’. The bank will file a judgment and you will have to file bankruptcy. That is really no fun. Your credit will be shot for years. If you can’t keep up your home payments there are other options than foreclosure.

Are you in a financial hardship of any kind? Divorce, loss of income or job, home in need of major repairs, increased living expenses. Are you late on your mortgage payments, in default or foreclosure? Are your savings depleted? Need to sell but can’t sell for what is owed on the mortgage?

A short sale is the loan and lien holders will accept less than what is owed. The homeowner (you the seller) must prove a hardship. Based on your situation, your lender may agree to allow a short sale. A good negotiation process can release you free and clear from you mortgage without deficiency judgments.

Banks are under pressure to perform short sales. More and more short sale purchases have been closing. In fact, the new HAFA program offers $3,000 BACK for relocation expenses, and somelenders are offering up to $5,000 as an incentive for homeowners to do a short sale.

How do you initiate a short sale?
Hire a local Realtor, me for example, with successful short sale experience. I will market your home to get a solid contract at market price. Have your recent financial information and a well written hardship letter to your bank prepared. My expert negotiation team will submit all your info to your banks asset manager in your behalf. Then the negotiation process begins. Usually nothing more is required of you. Expect the bank to pay all closing costs including negotiation fees and real estate commissions. The process will take a few months depending on your bank. Meanwhile, you can stay in the home until the short sale closes…. FREE

Do you qualify to sell your home as a short sale?
Are you upside down on your primary residence or 2nd home and need to sell? Have you stopped making mortgage payments because you really can not afford to do so? Selling the home as a short sale may be the answer. I look forward to working closely with you and guiding you through most the decisions you’ll be making when short selling a Cape Coral home. My record for successful short sale transactions is 99%. Please view my testimonials at www.incredibleagents.com.

Stop the denial, stop kidding yourself, stop going through your savings, stop drowning in debt and contact me. My advice is FREE. Contact me for a confidential consultation with no obligation.