If you are a struggling homeowner who is experiencing some kind of financial hardship and can no longer afford your mortgage payments, then the Home Foreclosure Alternative ( Short Sale) may just be for you.
During a short sale, the lender will give the homeowner permission to sell the property for less than the amount owed on the mortgage loans. In order to qualify, the lender will ask you to provide proof of your hardship and make up what is called a short sale package. Short sales are becoming increasingly popular because of its ability to help a homeowner overcome their financial difficulty, in their home at least. Choosing a short sale versus a foreclosure is typically the most reasonable path to restoring your credit.
With a short sale:
when you short sell you can rebuid your credit within two years or less
If you have any questions or want to learn about how to short sell your home and prevent foreclosure. CALL ME*** Please do not wait until your time runs out!
Call sharyn:
631-979-2965
Category : | Real Estate News |