Foreclosures and Short Sales in Cheyenne Wyoming. The Real Estate market in Cheyenne is still stable, but we are still seeing some foreclosed homes coming on the market. With the government pushing loan modifications, homeowners do have other options. One option is to sell their home as a "shortsale".
What is a Short Sale?
A short sale is a negotiation in which the homeowner qualifies and the mortgage company or companies accept less than the full balance of the loan at closing. A relatively new solution to a financial crisis, the short sale has been used successfully in Laramie County as one of the last options before foreclosure. The short sale is one of the most important aspects in today's market and has been referred to as the "brain surgery of real estate."
Today, 1 out of every 10 homeowners in America is behind on their mortgage payments. These are tough and frustrating times. Now more than ever, it's important to identify your options. Foreclosure in Cheyenne can be avoided, your credit can be saved, and your financial future can be salvaged.
A short sale requires a Certified Distressed Property Expert who understands the complexity of this process and the extensive documentation required. Connie Webb is one of the few Short Sale Experts in Cheyenne that is able to assist homeowners through this difficult and time consuming process. She has taken extensive training and has received her Certified Distressed Property Expert designation.
The success of a short sale depends on the knowledge and ability to work closely with lenders, banks and accountants. While short sales were virtually unheard of only a few years ago, now the majority of banks and lenders are negotiating and closing these transactions. They allow a homeowner with a legitimate hardship to sell their property for less than the balance of their
mortgages and avoid foreclosure. Banks want the right type of transaction with exactly the right paperwork.
Everyones home is their Castle...Home preservation is a high priortiy for all. Please call Connie at 307-630-7637 for a private consultation to see if you are elegible to qualify for a short sale for your home.
Please visit Connie's websites at www.Move2Cheyenne.com www.FEWarrenInfo.com and her blog at www.CheyenneWyomingRealEstateBlog.com
Call Connie at 307-630-7637 for Real Estate Information on the Cheyenne Wyoming Real Estate market. If you are moving to Cheyenne and would like a free relocation packet, call Connie, or visit her website at www.Move2Cheyenne.com and download one from there.
Connie is a Certified Distressed Property Expert and a Certified Residential Specialist and is available to assist you with any of your Real Estate Needs. Call now at 307-630-7637
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