Facing foreclosure? There are options!

By
Real Estate Agent with iMetro Property

There are many people out there who are experiencing hardship and are not able to afford their homes.  At the same time they do now know where to turn and think they can not afford a real estate professional to help them out.

That is false!!!!  You need a real estate professional!  You need a professional who is experienced with short sales and coordinating the sale of your home with the bank.  With all the short sales I have done, I have received compensation from the lenders or banks.   Depending upon the loss the lender is taking commissions are sometimes negotiated, but the sellers have not been responsible for the real estate commission(s). 

So thinking you have to sell your home "For Sale By Owner" is one of the biggest mistakes you can make if you are headed into foreclosure and need to sell your home.  Call a real estate professional, don't try to take this on yourself.      

Comments (1)

Peter Lindquist
Guaranteed Rate NMLS #2611 - Woodbury, MN
SVP of Mortgage Lending

Great insight to a difficult problem.  I like your approach and I hope the news gets around to help struggling homeowners.

Jul 30, 2008 03:08 AM

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