chicago short sale: What fees am I responsible for paying if I 'Short Sell' my house?
- 08/08/12 11:57 PM
It's frustrating, isn't it? Here we are, trying to do the best we can to get through these tough times, and we are now faced with the pressures of losing our home. The reality sets in, and we try to put our emotions aside, and agree that it's time to move on with our life.We need to take a step backwards in order to start moving ahead in a direction that will be financially beneficial to our families. We realize that not only will we not get any money from the sale of our home but most likely will have to … (1 comments)
chicago short sale: Do I have to be late in order to be considered for a 'Short Sale'?
- 08/08/12 11:55 PM
I'm often asked 'Do I have to be late in order to be considered for a Short Sale'? That is a great question that has a quick 'YES' answer usually associated with it. However, every situation is unique. A 'Short Sale' is a sale that takes place when a mortgage lender, usually a Bank, agrees to accept less to settle the debt than the full amount contractually owed by the debtor. To be 'forgiven' of a large portion of a mortgage debt is a blessing for which a debtor may be very thankful. In order to have your personal and unique … (0 comments)
chicago short sale: How long does it take to sell my home if it is considered a 'Short Sale'?
- 08/08/12 11:53 PM
I'm often asked 'How long does it take to sell my home if it is considered a 'Short Sale'? That is a great question that doesn't have a common answer. A 'Short Sale' is a sale that takes place when a mortgage lender, usually a Bank, agrees to accept less to settle the debt than the full amount contractually owed by the debtor. To be 'forgiven' of a large portion of a mortgage debt is a blessing for which a debtor may be very thankful. A lender typically takes up to 90 days to review all the paperwork and approve a … (0 comments)
Our experience with Randy as a realtor was great! He was very pleasant and made the challenge of finding a home enjoyable. Randy was very responsive ... more
5.0/5.0
by user656624
620599
Randy was great to work with. He helped us every step of the way. He has great knowledge of the lending and closing process and was very helpful in ... more
It's frustrating, isn't it? Here we are, trying to do the best we can to get through these tough times, and we are now faced with the pressures of losing our home. The reality sets in, and we try to put our emotions aside, and agree that it's time to move on with our life.We need to take a step backwards in order to start moving ahead in a direction that will be financially beneficial to our families. We realize that not only will we not get any money from the sale of our home but most likely will have to … (1 comments)
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