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Avoiding Foreclosure in Mount Pleasant, SC - Short Sale

By
Real Estate Agent with Exit Realty Charleston Group

 

Avoiding Foreclosure in Mount Pleasant, SC - Short Sale

If you are a Home Owner, who has fallen behind in making your mortgage payments and you see no way in catching up.  There is no better time than now to consider your options in dealing with your home.  Unfortunately, many Home Owners owe more than what there homes are worth in the Mount Pleasant, SC market. 

If you are Home Owner, who may be in this situation, you have 4 options:

  1. Loan Modification (i.e. work with the bank to reduce payments or create repayment plan to get caught up).
  2. Let it go into FORECLOSURE (i.e. walk away and do nothing).
  3. Give it back to the BANK (i.e. Deed in lieu of Foreclosure).
  4. SHORT SALE (i.e. sell it for less than you owe).

Since every Home Owner's situation unique, the first step is to sit down with a REALTOR to discuss the options.

Matt Naumann – Charleston & Goose Creek, SC Real Estate Agent & Entrepreneur
"Taking Real Estate Home Buying, Investing and Selling to the Next Level" is my personal goal. I specialize in using creative strategies to help my clients buy, invest, or sell real estate in the
Charleston & Goose Creek, SC Real Estate Market. My motto is “There is always a way!” Google or Call me (843) 818-9898 and let’s discuss how I can help you in save $1,000s when you buy, invest, or sell real estate.

 

Posted by

Matt Naumann – Charleston & Goose Creek, SC Real Estate Agent & Entrepreneur
"Taking Real Estate Home Buying, Investing and Selling to the Next Level" is my personal goal. I specialize in using creative strategies to help my clients buy, invest, or sell real estate in the
Charleston & Goose Creek, SC Real Estate Market. My motto is “There is always a way!” Google or Call me (843) 818-9898 and let’s discuss how I can help you in save $1,000s when you buy, invest, or sell real estate.

Larry Lawfer
YourStories Realty Group - Newton, MA
"I listen for a living." It's all about you.

Never can hear this enough, homeowners are devastated out there and quite often don't know what their options are.  You could write a whole blog on any of these options.

Mar 23, 2010 02:53 PM