- Short Sale to an Investor- This is almost always a mistake. The investor is interested in only his own interests. He will attempt to negotiate with the bank to accept less money and if the bank goes low enough, he will purchase, if the bank does not go low enough, he can just walk away, and months of valuable time has passed and most of your other options are gone.
- Sell to an Investor- This will require that you have a lot of equity and are willing to sell for 60-70% of fair market value. The safest way to do this is through a Realtor. Most Realtors that have been in business a while will have a handful of investors that will buy your home for way below market, but you have the security of having an expert to see that your interests are protected.
- Sell Your Home the Regular Way- If you have enough equity to cover the mortgage and cost of the sale, this is a good option. We have techniques that may get your lender to agree to postpone the sale to provide you with the time needed to sell your property. Give us a call.
- Foreclosure- Basically you don't do anything. You leave with nothing in hand and a foreclosure on your credit report. This is without question the worst option of all. By nearly any measure, a foreclosure is the most damaging event your credit status can encounter - worse than bankruptcy.
- Short Sale With one of our Experts - Assuming you have no equity and have to sell, you can list your home with a Realtor who has been trained how to do short sales. Almost always your best option.
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