Special offer

It might not be a huge carrot, but at least it's not a stick

By
Real Estate Agent with Keller Williams Realty BRE# 01257844

Last month, the Obama administration passsed the Making Home Affordable program which offered lenders and loan providers an incentive of up to $1,000 for each completed short sale, and up to $1,000 more to share the cost of paying any second-mortgage lenders to release their claim on the property.  Homeowners were'nt left out in the cold, they were offered up to $1,500 for relocation expenses.  In this market any extra incentive the lender gets can be nothing but a good thing when it comes to helping the homeowner out of a bad situation.  Now, also, the homeowner has one less objection, can't afford the move, to just face reality and make the leap into a Short Sale.  Analysts believe short sales are often the best option, even for homeowners thinking about a new loan to save the home. "It's gotten to the point where people understand that sometimes you have to start over," says Andre L Mitchell of VP of Lynx Mortgage Bank.  "A loan modification might help you in the short term, but sometimes what people need to do is get out completely."

If you or anyone you know is behind, or will soon be, on mortgage payments please let us help them today with their problem.  Now with the Making Home Affordable program the chances of success are getting better and better everyday.   With our bleeding edge marketing and Short Sale negotiator with a proven track record we really are you best option.  You can call us @ 916-863-0444 or email me Peter@PeterParkerTeam.com.

PS.  If you need someone to buy your home fast we are working with some investors who specialize in purchasing Short Sale properties.  Just visit their site to contact them.  As an added bonus they will send you a free e-book on "How to Stop Foreclosure in its it's Tracks".

PPS.  For any Short Sale questions that you might need answered please visit the Short Sale Q&A.

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