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Are You or Someone You Know Having Trouble Paying Their Mortgage>

By
Real Estate Agent with Keller Williams Realty Reston/Herndon 0225223165

The KTeamAdvantage at Keller Williams Realty...We May Be Able To Help!!

YOU MAY BE ABLE TO USE A "Short Sale" TO ESCAPE FORECLOSURE.

Let Karen Komo & the KTeamAdvantage show you how.

If you find that you are "UPSIDE DOWN" and owe more than your house is worth and/or you can't afford your payments,you might be able to sell it for less than you owe -- without having to pay the lender the difference.

FORECLOSURE MAY NOT BE YOUR ONLY OPTION!!


A short sale, in real-estate terms, is the sale of a house for less than what the owner still owes on the mortgage. If the lender agrees to a short sale, the rest of the homeowner's debt typically is forgiven. Lenders sometimes agree to the procedure in order to take a small loss and avoid the lengthy and costly foreclosure process.

A market saturated with foreclosures can cost lenders billions -- and as much as $50,000 per foreclosure -- according to a study by the congressional Joint Economic Committee. A "Short Sale" of a property is the preferred course of action.

An ever-increasing number of properties are being advertised with the "Short Sale" label.
It may be an option for you, too.

Let's discuss your options.  No pressure...no obligation.

Karen Komo

Realtor Associate/Owner

KELLER WILLIAMS REALTY ATLANTIC SHORE

200 Tilton Road, Northfield, NJ 08225

Office:  609-484-9890

Cell:  609-705-5505

DreamHome609@comcast.net

 

 

Comments(2)

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Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, ABR,CNE,CRS,ePro,PSA,RENE,SRS

Thank you for posting this valuable information on such a great topic!

Mar 28, 2010 07:54 AM
Catherine Chaudemanche - Edison & Central NJ
Metuchen Keller Williams Elite Realty / Middlesex County, NJ - Edison, NJ
Full Time, Informed and Involved- Results Driven

"A market saturated with foreclosures can cost lenders billions -- and as much as $50,000 per foreclosure..."

That is interesting data, thanks-

Mar 28, 2010 11:05 PM