Short Sales Maryland "Are you considering a short sale? "
Worry about your mortgage underwater?
What is a Short Sale? A short sale is when a homeowner facing foreclosure sells his or her property for less than what is owed to the mortgage lender. The sale has to be approved by the lender.
Short sales have become so popular these days. There are several reasons why they are so prevalent right now. In some instances homeowners with adjustable-rate loans can't make the payments when their interest rates rise; others fall behind because of job loss, others because of a divorce or sickness.
A lot of homeowners have seen their homes values drop and when they want to refinance. .they simply can't because of new regulations set by banks.
They don't qualify and the house will not appraise to refinance
What are the advantages and disadvantages of a short sale?
A short sale will be less damaging to your credit score than a foreclosure. Just try to have a normal life with a foreclosure on your record. .. it’s almost impossible to rent, to finance a car, future job applications . .simply put, you will be paying trough the nose next time you want to just finance a car. Sure they could probably give you a loan but they will charge you trough the nose!
When should you consider a short sale?
When your loan modification has gone NOWHERE. When you realize that a loan modification becomes a loan mortification and you refuse to pay month after month for a home that may take years for the value to catch up with your mortgage
Why Should You Consider a Short Sale?
How Much a Short Sale Will Cost Me After All?
It costs you nothing. . .
When I list a home as a short sale, I recognize my clients are in hardship and they need all the help they can get.
Some of them have fallen trap to the loan MORTIFICATION fiasco and paid some lawyer a lot of money for nothing.
When I do a short sale, I tell my clients we are in the same boat. . .no can guarantee you a successful short sale.
Read more about how much a short sale should cost you?
Should We Stop Making Our Mortgage Payments?
A question I hear very often being asked frequently by homeowners. . when considering a short sale.
Nobody, outside of a lawyer, can tell you whether to stop making your mortgage payments. . especially not Real Estate Agents, because we are not licensed to give you legal advice.
What's the Difference Between a Short Sale and a Foreclosure ?
In a short sale you SELL YOUR HOME . . .
In a foreclosure .. . .YOU LOSE IT!
Read my eBook "Is A Short Sale an Option For Me?
Why Should You Call Us If You Are Short Selling Your Home?
We are not investors, we just want to help you. If we can, the bank will pays us. . .. . if we can't help you, we lose and we do not make a dime.
WE ARE IN THE SAME TEAM WITH YOU!
Fernando Herboso is a Certified Distressed Property Expert
and a Gold Member
You can reach Fernando Herboso by calling him directly@ 240-426-5754
or email : Fernando@Herboso.com
Herboso & Associates is one of the Top Realtor Groups for the most CLOSED SHORT SALES for 2009 in Montgomery and Frederick County Maryland
IF YOU ARE HAVING TROUBLE WITH MAKING YOUR PAYMENTS OR ARE HAVING ANY FINANCIAL DIFFICULTIES A SHORT SALE MIGHT BE YOUR BEST OPTION.
CONTACT US TODAY TO SEE IF YOU CAN QUALIFY. OUR SERVICES ARE FREE AND EVERYTHING IS KEPT IN THE STRICTEST CONFIDENTIALITY.
"We Bring you The Results When It Counts"
How we surprised our client with a $23,000 doing her short sale in Maryland
Yes, we got the bank to give her all this money by asking the right questions and qualifying for all the existing programs available. .
It matters WHO does your short sale!!!
Watch us in action!!!