BURBANK IL - We just recently successfully negotiated this Burbank IL Short Sale with both CitiFinanical and Beneficial as the homeowners mortgage and lien holders. This was great news for these Burbank homeowners as now they can move on with their lives and begin to repair their financial position for the future. Both CitiFinanical and Beneficial both agreed to release the remaining balance on the home and forgive the homeowners.
Some of the benefits of a Short Sale in Burbank IL are as follows; Avoid an expensive and financially damaging judicial foreclosure, decrease negative impact on your credit, reduce or mitigate tax liabilities, no Realtor commissions, no real estate attorney fees, get your remaining balance waived, traditional seller fees are paid by your lender as part of the loss, be put back in the market to purchase sooner than a foreclosure, avoid a bankruptcy and avoid further financial damage down the road. For more questions, please contact Raymond Kennedy at 708-620-4460.
Short Sales can be a tricky process and can be very daunting for many homeowners in Burbank IL. It takes a professional who knows how to navigate the corporate structures of the banks to successfully complete these sometimes difficult transactions. There are many factors that can determine your success when negotiating with lenders on a Short Sale like CitiFinanical and Beneficial. The type of loan, the end investor, lien types, existence of PMI are just a few factors that can make a big difference.
It is also important that the person helping you understands the in and outs of HAFA (Home Affordable Foreclosure Alternatives), options such as Deed-In-Lieu, cooperative programs such as the Bank of America Cooperative program, pricing strategies with Short Sales in Burbank IL, how to effectively market Short Sales in Burbank to the public and of course how to negotiate different terms of a Short Sale.
Click the following link for a list of existing Short Sales and Foreclosures in Burbank.
Raymond Kennedy
Illinois Real Estate Broker
Certified Distressed Property Expert
Short Sale Specialst
Keller Williams Preferred Realty
Direct: 708-620-4460
www.IllinoisShortSaleAgent.com
Services South Cook County, Will County & Dupage County.
Home office Located In Orland Park IL
Comments(0)