Am I too late for a short sale? I just got a notice of default from the bank. . .

Time is not on your side. . .you should act fast.

With most lending institutions, you can begin the short sale process as late as a week or two before the scheduled foreclosure date but it will depend on your particular situation.

When I list a home as a short sale, I immediately  contact the bank on your behalf and try to convince them to wait for us. . since a short sale will probably bring them more money than a foreclosure. Most of the time we are successful doing this.

But just remember. A lot goes into the process of a short sale, and is very dependent on your financial situation plus  your ability to show a hardship to the bank. It is not an easy process, but with the correct PROFESSIONAL experience it can usually go quite smoothly.

In Maryland usually the homeowner gets two notices from the bank's attorney. First comes the "Intent To Foreclose(NOD Notice Of Default")and that follows a few weeks later with the actual date set of the foreclosure.

For Virginia, is a little different and you should contact someone inmediately. . in Virginia unfortunately for it's residents. .the foreclosure process is a lot faster compared to Maryland.

Click on my eBook about Short Sales.. .you will have a clearer vision if you are contemplating a short sale as an option.

Why Should You Call Us If You Are Short Selling Your Home?

We are not investors. . we just want to help you.
If we can, the bank will pays us. . .
. . if we can't help you, we lose and we do not make a dime.
                        WE ARE IN THE SAME TEAM  WITH YOU!


Fernando Herboso is a Certified Distressed Property Expert


and a Gold Member Certified Default Resolution Specialist^TM with (CDRS)


You can reach Fernando Herboso by calling him directly@  240-426-5754
or email : Fernando@Herboso.com

Herboso & Associates is one of the Top Realtor Groups for the  most CLOSED SHORT SALES for 2009 in Montgomery and Frederick County Maryland

IF YOU ARE HAVING TROUBLE WITH MAKING YOUR PAYMENTS OR ARE HAVING ANY FINANCIAL DIFFICULTIES A SHORT SALE MIGHT BE YOUR BEST OPTION.

CONTACT US TODAY TO SEE IF YOU CAN QUALIFY. OUR SERVICES ARE FREE AND EVERYTHING IS KEPT IN THE STRICTEST CONFIDENTIALITY.

"We Bring you The Results When It Counts!"

Check this other question also: 

Should we stop making our mortgage payments?