“I have had dreams and I have had nightmares,
but I have conquered my nightmares because of my dreams.” – Jonas Salk
A Short Sale May be Right Solution to Avoid Foreclosure
You may already have experienced the frustration of talking directly with your bank about your options. It can be a humiliating and frustrating process to ask for help … and find none.
If you’ve been turned down for a loan modification, or more likely, been approved for a modification that actually increased your payment, it might be time to consider a short sale.
In a short sale, you sell your home for less than you owe on it, and the bank agrees to discount the loan payoff. In most cases, you will not be responsible for the unpaid balance, and you may not have to pay extra income taxes either.
And if you qualify for our Short Sale Lease-Back Program, you might not even have to move.
Short sales net banks 12 percent to 25 percent more than they would gain from a foreclosure because of the time and expense to take back, repair, maintain, market and resell a property. And as many as half of loan modifications redefault within the first year, later turning into foreclosures and short sales.
Thus lenders prefer short sales over foreclosure. And they have streamlined processes and created attractive offers to help distressed homeowners.
For homeowners, a short sale is a better alternative than a financially devastating foreclosure. It can limit damage to a credit report, and help you re-enter the housing market more quickly as an able buyer – before home values again shoot through the roof.
More importantly, a short sale allows a homeowner to get out from under a bad situation on their own terms, with dignity intact.
Want to know if you qualify for a short sale on your home? Perhaps with a relocation incentive of $3,000 to $45,000? Contact us today for a no-obligation consultation.
Call (951) 778-9700 for a FREE consultation. Or use the Contact Form Below.
Don’t wait – it may be too late. We are currently scheduled one week out for appointments.
Image courtesy of m_bartosch / FreeDigitalPhotos.net
IMPORTANT NOTICE: We are not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit.
Having Trouble Making Your Mortgage Payment? | Avoid Foreclosure | Loan Modification | Short Sale | Riverside Short Sale