Military Personnel - Short Sale help!

By
Real Estate Agent with Joy Daniels Real Estate Group, Ltd.

Military Personnel - Short Sale help!

I need help and I am hoping there is an Active Rain member that can advise or direct me to the right path.  I just met with a couple that is moving to Alsaksa (or should I say being deployed) and they have owned a home sign 2008 that is not worth what they paid and to make matters worse, they took out a home equity loan and owe more than they paid for the home.  Not to mention in most situations a vacant home (they had to take all their furnishings) does not show as well as a furnished home.

I want to help this couple, but it seems like a short sale is their best answer.  After I mentioned short sale, the soldier said to me that military personnel had special short sale advantages - one was that their credit rating would NOT be affected.  Is this true?

Thank you in advance for any help you can give!

Posted by

Joy

Joy Daniels, GRI, ABR, CSP, e-PRO
JOY DANIELS REAL ESTATE GROUP, LTD
2793 Old Post Road, Suite 200
Harrisburg, PA  17110

(717) 695-3177  office - Call TODAY and let me help you find your dream home!

www.joydaniels.com

Joy@JoyDaniels.com - Email TODAY and let me help you find your dream home!

What is your home worth?  Find out at MLS Market Snapshot

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Rainer
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Not a real person
San Diego, CA

Happy Monday!

Aug 14, 2011 09:12 PM #1
Rainmaker
322,226
Laura Sargent
Carolina One Real Estate - Mount Pleasant, SC

Can't you sell this home using the HAP program?  Best of luck!

Aug 15, 2011 03:40 AM #2
Rainmaker
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Joy Daniels
Joy Daniels Real Estate Group, Ltd. - Harrisburg, PA
Thanks for your advice Laura
Nov 17, 2011 01:57 PM #3
Rainmaker
589,983
Phil Leng
Retired - Kirkland, WA
Phil Leng - Retired

Hi Joy,

I am researching the same question right now

Thanks for the post

Phil

Jan 11, 2012 10:05 PM #4
Rainmaker
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Joy Daniels
Joy Daniels Real Estate Group, Ltd. - Harrisburg, PA
We will post what we find out Phil....please post what you learn too.
Jan 12, 2012 05:25 AM #5
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Joy Daniels

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