The economy is improving but unfortunately not everyone is doing better. I just finished a short sale for my clients who were going through one heck of a time. Both unemployed for over a year, they were depleting their savings in an effort to stay current on their mortgage…they wanted to keep making their payments and sell their house. Unfortunately, their house was not worth what they owed on it, and they didn’t realize a short sale was an option for them. When I met them they were hoping we could price the house based on what they owed, which wouldn’t leave room for closing costs. Not to mention the fact that making this an overpriced property, probably wouldn’t get the house to sell either.
When I told them, they could sell their house and not pay a penny, they couldn’t believe it. They also ran out of money to continue making their mortgage payments so the timing was perfect. The bank accepted the short sale, and even gave them a few THOUSAND dollars to help them with the expense of having to move and find a new place. Nationstar was their lender and they actually processed the short sale very quickly. The point is that there are so many people just like them still trying their best to make ends meet…Just reach out for help! If you can no longer afford to keep your home, CONTACT ME at 916-480-8371 or email YURIMR@KW.COM and I will tell you what options you have. You will be glad you did!
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