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“Frozen.”

“Paralyzed.”

“I was a deer in the headlights.”

“There isn’t sufficient information readily available.”

These were the sad statements the owner made. A woman called me a week AFTER her house was lost at foreclosure auction to ask me what her options are. I asked her why she didn’t call me prior to the auction. She hadn’t even sought out a Realtor prior to the auction.

She continued; “Spoke to five people got five different answers which contributed to my paralysis.”

She had spoken to:

  1. Her divorce attorney
  2. The Louisville Jefferson County Clerk because their office sends out the notices
  3. Louisville Jefferson County Foreclosure Sale Commissioner
  4. Foreclosure defense attorney
  5. Bankruptcy attorney

None of them advised her that she should look into a short sale.

Much to my dismay, I often hear variations of this theme, usually when sellers make first contact prior to my listing their home to help them avoid foreclosure through a short sale.

What Is a Short Sale and Why Should I Do a Short Sale?

A “Short” sale is when the foreclosing lender accepts and amount SHORT of the payoff. This enables the seller to avoid foreclosure, and the shortage is usually forgiven.

However, since this case is already lost and irreversible, it is especially frustrating.

************************************************************************************

Sellers looking for foreclosure help in Louisville, KY should call Dave Halpern, Realtor, Louisville Short Sale Expert Realtors, (502) 664-7827.

I will provide detailed information about foreclosure options and short sales. We help dozens of sellers avoid foreclosure every single year in Louisville, Jefferson County, Oldham County, Bullitt County, Shelby County, Nelson County and Spencer County.

We can help. You have options. Call even if you think your house isn't sellable. Many testimonials available.

 

Dave Halpern

Real Estate Broker, Louisville Short Sale Expert Realtors

(502) 664-7827

************************************************************************************

Sellers looking for foreclosure help in Louisville, KY should call Dave Halpern, Realtor, Louisville Short Sale Expert Realtors, (502) 664-7827. I will dedicate to you all the time you need for a full explanation of the process. We are compassionate, caring and patient. I will listen to your needs and wishes and customize a strategy to meet your circumstances.

I will provide you detailed information about foreclosure options and short sales. We help dozens of sellers avoid foreclosure every single year in Louisville, Jefferson County, Oldham County, Bullitt County, Shelby County, Nelson County and Spencer County.

We can help. You have options. Call even if you think your house isn't sellable. Put an expert real estate agent on your side. Many testimonials available.

Dave also trains other Realtors how to perform successful short sales.

IMPORTANT NOTICE: LouisvilleShortSaleExpert.com is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit. We do not provide legal advice, you are encouraged to seek legal counsel. We cannot and will not charge upfront fees.

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This post has been included in Kentucky Real Estate News Jefferson County, KY Real Estate News Louisville, KY Real Estate News
Post is included in group: Short Sales Specialists
Post is included in group: Short Sale REALTORS®
Post is included in group: Realtors®
Post is included in group: Diary of a Realtor
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2 Comments on Louisville Seller Loses House To Foreclosure Without Trying To Short Sell It First. Why?

SEP
08
2010
235,304 Points 6 Featured Posts Called Shot Master

Dave: I wonder what the stats are on homeowners who contact a real estate agents vs. total number of homeowners foreclosed on. Any idea?

11:49pm • #1
SEP
09
2010
272,946 Points 26 Featured Posts Outside Blog Called Shot Master

Matt, that would be a good statistics project and I would like to see the study. In the meantime, thousands of owners are going to foreclosure unnecessarily.

12:15am • #2

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Dave Halpern - Louisville Short Sale Expert

Louisville, KY

More about me…

Short Sales Professionals of Louisville (502) 664-7827

Address: 1815 Frankfort Avenue, Louisville, KY, 40206

Office Phone: (502) 664-7827

Cell Phone: (502) 664-7827

Email Me



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