Do I have to move as soon as I list my home as a short sale ?

  A question that potential short sale sellers often ask is "Do I have to move as soon as I list my home as a short sale ?"  The short answer is no.  The lender would soooo much rather that the house is occupied....heat in some parts of the country...stays on, walks shoveled or grass cut.  We keep our short sale sellers, tuned in to what is happening with the offer, the progress with the lender, discussions we have with them and when we believe that the potential closing will take place.
  A short sale may be the very best thing you can do as a seller who has a legitimate hardship and is unable to pay the mortgage.  May is the operative word.  We have had potential sellers believe that somehow the bank waves their magic payment wand and takes care of their credit card bills, legal expenses, income taxes....and that is not the case.  We had one couple call us  who had over $100,000 in credit card bills using the cards to pay the mortgage...cards to pay cards...unemployment and serious health issues compounded their financial problems. If you are a seller considering a  short sale  be sure the realtor has given you a financial worksheet and suggested other trusted professionals including attorneys and accountants that may need to evaluate your entire financial situation.
   If you, or someone you know, for reasons of hardship...divorce, death, unemployment...under employment....and are unable to pay your mortgage, please give us a call, 414-525-0563 or email and we will be happy to help you or refer you to a qualified professional in your area.  Sometimes the best things in life are free, let us be the people who show you how it's done.....and begin your happily after now.