What is a Short Sale?
A short sale applies when the homeowner owes more on the property than what it’s worth.
The situation could be the result of many factors, but regardless of the reason it is important to have a certified distressed property expert representing you when contacting the lien
Through proper negotiations, the lien holder can be persuaded to work with the owner and approve a short sale.
These negotiations can begin after getting a bonafide offer, but only with proper representation.
The lien holders must agree to take a short payment and release the liens on the title so the sale concludes with a clear title transferred to the new owner.
The short sale transaction not only avoids foreclosure, it provides immediate financial relief and is far less damaging to your credit than a foreclosure.
Since the processing of a short sell is tiresome and paperwork oriented; getting someone to help you through this is more of a wise idea.
A short sale is the last resort we can help you go through to avoid foreclosure which is far much detrimental to your credit score.
If you are facing the risk of foreclosure, we surely can help you get approved for a short sale deal instead. This includes drafting a perfect hardship letter explaining all your difficulties to the lender. We’ll also guide you through the whole process and handle the paperwork for you.
Our firm has stood the test of time with a good reputation in helping several borrowers go through their financial challenges as far as home ownership and property is concern.
If you are experiencing such a hard time with your borrower, we have got you covered. Simply give us a call and we’ll be more than happy to lead you through a financial crisis.
If you feel short sale’s an option for your property or would like more information to see if you qualify for a short sale, I would be glad to meet with you and review the details.
You have nothing to lose and everything to gain. Remember, the timing involved in a short sale is very important.
I look forward to meeting with you soon and finding the perfect solution for your real estate needs.
Antonio Atoche Real Estate Blog
1425 W Artesia Blvd Suite 18