Late Mortgage Payments? Talk with us today!!
COLUMBUS SHORT SALE HELP
LOAN MODIFICATION/ SHORT SALE FEASIBILITY..
PLEASE COMPLETE THE FORM
YOUR INFORMATION WILL NOT BE SHARED WITH THIRD PARTIES
WHEN THE DEBT EXCEEDS YOUR HOME'S VALUE
One option to consider that we can help you
with is called a short sale pay off.
What is a short sale pay off?
Imagine your home is worth $200,000, but, your owe $220,000 on it. If you were to sell it in the open market at $200,000, you might net $184,000, or $36,000 less than what you need to pay off the loan. A short pay off is where your lender will forgive a portion or all of the short amount and cover the closing costs of the sale including real estate sales commissions.
What lender would just write off that type of money?
Just about all of them will, with justification. Justification might mean a
substantial loss of income that would prevent you from paying on the
mortgage, therefore being forced in a position to sell the home.
Examples of hardship include but are not limited to- Job Loss, Serious
Health Condition, Ensuing Balloon Payment, a coming adjustable rate
reset or some other financial calamity that will stop you from being
able to make your payments.
NEWS! Effective October 1, 2008- US Department of Housing and Urban Affairs "Hope for Homeowners" allows troubled mortgage holders to avoide foreclosure by refinancing into smaller, more affordable FHA back mortgages, provided Federal Government gets a piece of the equity - growth action and provided the lender voluntarily agress to the deal, which includes writing down or reducing loan balances. If you are living in your home and it is your primary residence- you may want to check with your lender to see if you are eligible.
Many people on the verge of financial distress tend to procrastinate until the threat reaches epic proportions. The earlier and more time allows increases the chances of a beneficial outcome. While you may think you have no choice, other than staying in your house and letting the bank foreclose, YOU DO HAVE A CHOICE. Another real estate agent may have told you that there was nothing he or she could do to help, The opposite is true WE CAN HELP! We can help you negotiate a short payoff arrangement with your lender.
CONFIDENTIAL QUESTIONS ANSWERED !!
Why not foreclosure? This may appear minor at this time, but a short sale vs a foreclosure, bankruptcy or deed in lieu makes a substantive difference in your ability to rebuild your credit and /or purchase a home in the future.
We can help owners who are in default or on the brink, or have little or no equity, yet need to sell and walk away with credit intact. Our process begins by offering your property for sale on the open market which is less than or close to what is owed against it.
Sounds easy, but it can be complicated and difficult. Our real estate team can guide you through the nightmare of the lenders paperwork.
Why Homes that Click! ... Try US ..take 10 minutes of your time to find out if you qualify!! Trained Short Sale Consultants working with a variety of banks. Hundreds successfully negotiated!
We have a proven track record of being one of the most successful residential real estate companies in Columbus area and have chosen to assist home sellers during this difficult time.
We have the education, experience and expertise to assist you!
What do you have to loose??
The Lender usually pays closing cost fees including our Real Estate Sales Commission, upon successful completion of the short sale.
REVIEW YOUR OPTIONS !!