Short Sale is a great option to avoid Foreclosure and it is absolutely FREE to the homeowner!
What is a Short Sale?
A short sale, also called "Short Pay" or "Pay Off", is a transaction that allows for the sale of a property for an amount that is less than the amount that is owed to the lender. The bank in return may accept the proceeds as full settlement of the debt.
What is Foreclosure?
Foreclosure is a process in which the estate becomes the absolute property of the lending institution. It is a termination of all rights of the homeowner covered by a mortgage.
Foreclosures and Short Sales are extremely time sensitive and consuming for negotiations. The sooner we can begin the negotiations with your lender, the greater the chances of a successful resolution. There is no need to wait until the lender sends you a notice of default or initiates formal foreclosure proceedings against you.
TIME is very important....Contact me to see if you qualify!
www.remaxann.com for more info!
Call Ann Urias 714-588-7676 for a private consultation.
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