What is a Short Sale?
Short sale is for owners who can no
longer afford to keep mortgage payments current and do not want to go through
bankruptcy or foreclosure proceedings.
When lenders agree to do a short
sale it means the lender is accepting less than total amount of loans due.
Banks hate to take over homes,
especially in a declining market; this is why short sales are the best solution
for people facing foreclosure.
Benefits of a Short
Sale
- Protect
your credit. Foreclosure damages credit up to 7 years and bankruptcy up to
10 years.
- Our
Short Sale Service is FREE to you; the lender covers all the costs
involved.
- Controlling
future costs. If your property is sold at an auction you may owe
deficiencies and other expenses to the lender. Also if the lender
forecloses on the property, you have no control of the price it will be
sold at.
In short a Short Sale is a win-win
solution for the home owner and the lender.
Cashoutoptions.com provides an array
of solutions to distress property owners. Although short sale is a preferable
and common solution, we also offer services such as Forbearance, Loan
Modification, Deed in Lieu or other financial solutions
To
Find Out If Short Sale Will Work For You
Due to many variables to a short
sale we work case by case basis. We would like to speak with you about your
situation and determine if a short sale is right for you. Click here to fill out the short sale registration form so that we can contact you at your
earliest convenience.
Please remember
that our consultations are free of charge and there are no obligations.