Prevent Raleigh Foreclosure with Raleigh Short Sales

By
Real Estate Agent with MainStreet Realty Services, Inc. 270888

For the legions of homeowners facing foreclosure proceedings, the prospect of selling their home with a short sale can only be a source of hope. Real estate short sales in Raleigh is not an ideal solution to one's mortgage problems, to be sure, but it can prevent foreclosure and allow a homeowner to get out of an expensive mortgage without ruining one's personal credit. However, if you are doing a short sale transaction with your home, you need to be very detail-oriented and precise. Be sure that you attend to all of the myriad details that need to be addressed when doing a Raleigh short sale transaction. Although more and more banks are willing to do Raleigh short sales in the current real estate climate, you must make sure that you don't make any mistakes that would prevent the sale from taking place smoothly and efficiently. Be sure that you have filled out the short sale paperwork packet completely. If the packet is incomplete, it could simply be disgarded by the lender. Lenders are faced with hundreds of these packets each day, and the incomplete or incorrectly completed ones will not be given a high priority. If you want your packet to be considered promptly, be sure that it is correct and complete.

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