Short Sale Granite Bay vs. Foreclosure – This is a continuation of a former article about short sales. I often get asked if a short sale
is even worth the effort.
“Why don’t I just let the bank have the property”, sellers tell us. “I don’t ever think I’ll be able to fix my credit to be able to buy another house.”
Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here.
Short sales are worth the extra effort. They enable you to buy another home much faster than you would have to wait if you experience a foreclosure.
And they cost you nothing. All the costs are covered by your lender. Now, I’m sure you’re thinking, “I might have to pay my agent to sell the house.That sounds risky.”
That is a legitimate concern. Here is why the lenders are willing to pay your agent. If they foreclose on the home, they will have to hire an agent to sell it.
So why not just pay the short sale agent. Extensive studies have been done on the advantages of a short sale versus a foreclosure.
The study results showed that a lender will make more on a short sale than a foreclosure. Oftentimes the difference is huge.
I have seen some lenders lose hundreds of thousands of dollars. They turned down a short sale thinking the home would sell for more as a foreclosure.
The home ended up selling for much less. That is why lenders like short sales and are willing to pay all of the costs. Considering Short Sale Granite Bay vs. Foreclosure?
I can help you short sale your property and never pay the bank another penny. Send me an e-mail at mdpeek@gmail.com. I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (916) 580-6084
Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.
Thinking about a loan modification? Our Granite Bay loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.
Thanks for reading this, Mark Peek.
Mark is a Real Estate Agent at Keller Williams Realty. Granite Bay Short Sale Agent. Short Sale Granite Bay vs. Foreclosure
Phone: (916) 580-6084. mdpeek@gmail.com.
"Know Your Options"
View My homes for sale at www.CallPeek.com.
Mark Peek specializes in loan modification assistance and short sales in Granite Bay CA and surrounding areas. Granite Bay Loan Modification Help, Granite Bay Short Sales. Granite Bay Short Sale Agent. Short Sale Realtor. Granite Bay CA Short Sales. Granite Bay Real Estate. Short Sale Granite Bay vs. Foreclosure
Suggested Reading
Should You Stop Making Your Mortgage Payments During A Short Sale?
Four Questions To Ask Before You Hire A Short Sale Agent.
How To Avoid Paying A Short Sale Deficiency.
Copyright 2010 SFI Marketing Institute, LLC. All Rights Reserved. This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing. The views expressed here are Mark Peek's personal views and do not reflect the views of Keller Williams Realty on a Short Sale Granite Bay vs. Foreclosure
This information on Granite Bay Short Sale or Foreclosure - Why Should I Short Sale? It Costs You Nothing is provided as a courtesy to our viewers to help them make informed decisions on a Short Sale Granite Bay vs. Foreclosure.
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