Short Sales and Pre-Foreclosure Properties
Trust the Experts for Your Short Sale Needs
Are you struggling to keep up with your mortgage payments? Whether it’s due to a change in interest rates, divorce, illness, job loss, or relocating for work, falling behind can cause significant financial hardship. But did you know that you may qualify for a short sale instead of facing foreclosure?
A short sale can be a great way to resolve your mortgage debt if you owe more than your home’s current market value. Rather than having a foreclosure on your record, you can sell your home for what it’s currently worth, even if it’s less than what you owe. This could save you thousands of dollars and make a huge difference in your financial future.
Don’t let a mortgage crisis ruin your financial security. Contact me today to explore your options and find out if a short sale is right for you.
Time is of the essence in a real estate short sale.
Our team of top-tier real estate negotiators and attorneys have a proven record of success in the DC Metro Area. Don’t risk losing your home to foreclosure by choosing the wrong agent. Let us guide you through this unique and time-sensitive process with confidence. Call us today to protect your investment.
Discover the Benefits of Short Sale over Foreclosure.
Looking to avoid the devastating impact of a foreclosure on your credit score? Opt for a short sale instead. By negotiating with the bank to sell your property for less than you owe, you can avoid having a foreclosure in your credit history. This means that your credit report would only show a few late payments of 30, 60, or 90 days. In contrast, a foreclosure can prevent you from getting another mortgage for up to seven years.
By opting for a short sale, you can potentially qualify for a new mortgage in just a few years. However, it’s important to note that the lender may require a discount on what is owed, often up to 20% or more. If you have a FHA mortgage, your lender may accept up to 82% less than the appraised value. Don’t let foreclosure ruin your credit – discover the benefits of a short sale today!
As Your Realtor, We Work Hand In Hand With Your Lenders For Seamless Cooperation.
Do you owe more on your home than it’s worth and facing foreclosure? A short sale can be the answer. By accepting less than the amount owed, your lender can avoid the costly and lengthy foreclosure process. Foreclosing requires hiring an attorney, property maintenance, securing the property, dealing with mold issues, and real estate fees, among other expenses.
Lenders are not property managers, they prefer to lend money. If left vacant, a foreclosed home can be damaged by vandals and nature during the winter months. Not to mention, it adds to the lender’s already high costs.
Our team of real estate professionals specialize in pre-foreclosure homes. We assist in marketing your home to potential buyers and work with your lender to complete the short sale process. Don’t let foreclosure ruin your credit and financial future. Contact us today to learn more about how we can help!