What is a Short Sale and Will it Help Me?
A short sale is a sale of real estate in which the sale proceeds fall short of the balance owed on the property's loan. It often occurs when a borrower can no longer afford to continue paying the mortgage on their property, but the lender decides that selling the property at a moderate loss is better than foreclosing on the property and taking an even bigger loss. Both parties consent to the short sale process because it allows them to avoid foreclosure, which involves hefty fees for the bank and poorer credit report outcomes for the borrowers.
As a real estate professional, I wanted to make sure the home owners in this unfortunate position had the best resource available to help them. I have taken the extra effort to obtain my Short Sale and Foreclosure Resource (SFR) certification. I am also a designated Short Sale Expert within the Keller Williams family.
I am always available to answer questions about short sales as well as some of the other options that may be available to you. Please contact me to discuss your situation today. I'd love to be able to help.
A short sale is a sale of real estate in which the sale proceeds fall short of the balance owed on the property's loan. It often occurs when a borrower can no longer afford to continue paying the mortgage on their property, but the lender decides that selling the property at a moderate loss is better than foreclosing on the property and taking an even bigger loss. Both parties consent to the short sale process because it allows them to avoid foreclosure, which involves hefty fees for the bank and poorer credit report outcomes for the borrowers.
As a real estate professional, I wanted to make sure the home owners in this unfortunate position had the best resource available to help them. I have taken the extra effort to obtain my Short Sale and Foreclosure Resource (SFR) certification. I am also a designated Short Sale Expert within the Keller Williams family.
I am always available to answer questions about short sales as well as some of the other options that may be available to you. Please contact me to discuss your situation today. I'd love to be able to help.
