I hope you are having a great week. I wanted to let you know that the market is changing drastically as foreclosures and short sales are becoming very prominent in the real estate market. Over the past several months I have been helping people that are late on payments, in danger of foreclosure, or even need to move for a number of reasons that they cannot avoid. Many of these homes cannot sell for the amount that the bank loan balance is. These homes can be sold as a "short sale."
A short sale is when a lender allows a homeowner to sell the home before it forecloses on the property, agreeing to forgive any shortfall between the sale price and the mortgage balance. This approach avoids a damaging foreclosure entry on the owner's credit report. After a foreclosure, a person would not be able to purchase again for five years. However if a person completes a short sale on the home, they will be able to own a home again after two years.
The reason I am writing this blog, is that you many know of someone, or hear someone who might be having financial problems and be in danger of losing their home. I am a Distressed Home Consultant and my services are completely FREE to the homeowner, and I can help. In some cases I can also assist homeowners in lowering their monthly payments by negotiating a loan modification on their behalf.
How are these services free to the homeowner? During a short sale, the lender will pay all real estate related fees at closing. I have published a short sale book, that I will send to help you or incase you know someone that might like to read it to understand the process better. Please call me at 360-521-7729 or email me at Byeloth@QuickSoldHomes.com , and I will get the book to you immediately. Free of charge!
Please feel free to call me at 360-521-7729 with any questions, and have a great rest of your week!
Make it a great day!
Subscribe to CommentsComment