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Pre-Foreclosure #2

By
Real Estate Agent with ERA Network Real Estate

 

 

Hi and welcome back, I have been away taking some more Pre-Foreclosure glasses, to see what I can do to help people in trouble now!! Today we are going into "What Should I do? Let the Banks have it back, File Bankruptcy or Call Marv and do a Short Sale". Let's start! I have borrowed some of this from Will Weaver and Floyd Wickman.......

 

 

SHORT SALE                     VS.                  FORECLOSURE

                  PRE-FORECLOSURE

 

•·       Negotiated Settlement with Bank                                                                           Court Decide on Settlement

•·       Seller's Credit is Bruised                                                                                         Seller's Credit is Ruined

•·       No Attorney Fees                                                                                                     Big Attorney Fees

•·       Seller's Have Peace Of Mind                                                                                  No Peace Of Mind For Seller's

•·       Can Buy Again In 2 Years                                                                                       Can Buy In 5 to 10 Years

•·       Liens Are Negotiated (Banks Settle for less money)                                              All Liens Extinguished (But Banks can still go after you)

  

  

  

Call the Stanford Team and let us help you through this. We are not after your home and we will not buy your home. We are only trying to help you if we can. Call us at (800) 371-2289 ext. 110

  

  

*I'm not an Attorney or CPA. You should check with one of them for any legal advice.