I want to sell my house....No, I NEED to sell my house!
Many homeowners are wondering whether or not they can afford to sell their home? They're trying to think of a way to sell their home when they owe more than what it is worth plus how could they list it with a Real Estate Agent and afford the commission? Another more important question might be - "How can they afford not to sell their house?" Many homeowners continue to be faced with financial difficulties in their households just as I reported back in 2008 and homes across South Florida have been affected by job loss, reduced hours, and a whole host of other hardships realizing that they can't sell their home the traditional way "with equity" so they must sell their home as a South Florida Short Sale reluctantly, and the emphasis, I understand, is on reluctantly.
If homeowners are behind on their mortgage payment and they simply cannot afford the payment going forward they do have an out; an out that they absolutely cannot afford to miss particularly now with the uncertainty of the Mortgage Forgiveness Debt Relief Act set to expire Jan 1, 2013. How does this Act affect Short Sale Sellers? Homeowners need to open the avenue and seek out help. Too many homeowners just think there is no hope and give up. Don't lose hope. There is hope for those that need to sell their home as there are many who specialize in helping homeowners sell their home as a Short Sale. Yes, a Short Sale can be their answer. When homeowners sell their home as a Short Sale it's because they owe more than their home is worth and when they add on all of the costs associated with a closing such as a Real Estate Agent's commission it puts them even further away from the homes value. So yes, the home can be sold as a Short Sale with these facts present.
If the homeowner doesn't try to sell their home, the alternative is much worse - Foreclosure. Foreclosure can be avoided. Homeowners can contact a Short Sale Realtor in their neighborhood who knows the ropes when it comes to Short Sales - this is critical; ask the Realtor : "What is your experience with Short Sales? What is your closing ratio?" Homeowners need to deal with Real Estate Agent's who know what they're doing in a Short Sale. My Short Sale closing ratio is at 99%. They can't assume because the Realtor has been around a long time and is well known that they have what it takes to take a homeowner through a successful Short Sale. In fact, to me Short Sales are very challenging and I welcome the challenge and more important, I love helping people get on with their lives in hopes of better things to come. Of those of us who handle Short Sales, we know they are a lot of work, more work than a traditional Real Estate Transaction. But oh the satisfaction, when it clicks, just right and it gets sold.
So to you homeowners: The next time that you think you just can't afford to sell your home, think again as you can't afford not to. Don't think that you'll just forget about it and let your home be foreclosed on as that will not alleviate your worries as you'd then have your deficiency balance after the Foreclosure that your Lenders can pursue you for to pay with a judgment. Don't delay. Call now at 954-46401100 with your questions to find a little bit of peace in your life or contact me below:
If you're in Coral Springs and South Florida and need some guidance, let me know as I specialize in Short Sales. Or if you're out of town, let us know here, as there are a number of Real Estate Agent's who specialize in Short Sales; probably one right in your neighborhood that I can refer you to.
Re-Blogged 1 time:
- MichelleCherie Carr Crowe Just Call...408-252-8900 08/06/2012 11:53 AM
- Topic: Home Selling