OUR SHORT SALES ARE DONE ABSOLUTELY FREE TO HOMEOWNERS
Watch the Video below for more about our short sales
UNDERWATER WITH YOUR MORTGAGE PAYMENTS?
We will negotiate with all of you lenders to forgive all of your debts and avoid any future judgments by going through the process of a short sale
OUR SHORT SALE DIVISION
Is an exclusive Short Sale negotiation firm with unmatched expertise, dedicated to getting your transaction closed quickly and smoothly, their model is to provide a full service, professional Loss Mitigation service at no charge to you
We have the absolute best short sale negotiators and the best legal team in your corner!
We have worked with many Large and Small Banks & Private Lenders in any given situation - We show results! | Call 718-412-0828 |
SHORT SALE vs FORECLOSURE
THERE IS A BIG DIFFERENCE!
This Will affect you for many years to come and your ability to buy another home. In addition, you might end up owning the remaining balance on your loan(s) after the auction sale (Deficiency Judgments)
In addition to your lenders forgiving your debt, you might be able to get another loan from a major bank to purchase another home within 2 years or even in just a few months from a smaller lender
PRICING YOUR HOME RIGHT IS A MUST!
We work with private buyers and price your home in a way that will be attractive to both the buyer and the lender so we can close the deal smoothly and in a timely manner
Beware of low offers on your house which will be reject by your lender and may lead to Foreclosure
Working with the right buyers makes a huge difference!
YOUR LENDER MAY GIVE YOU
CASH INCENTIVES JUST
FOR DOING A SHORT SALE
Banks are run like a business because they are a business looking to earn a profit. If it costs more to foreclose over agreeing to a Short Sale, the bank is very likely to favor the short sale
BEWARE OF FORECLOSURE RESCUE SCAMS
REAL HELP IS FREE!
Foreclosure rescue and mortgage modification scams are a growing problem that could cost you thousands of dollars, or even your home. Scammers often make promises that they can’t keep, such as guaranteeing to “save” your home or lower your mortgage, usually for a fee, often pretending that they have direct contact with your mortgage servicer
What is a Short Sale
A short sale is the sale of a real estate property for which the lender is willing to accept less than the amount still owed on the mortgage. Short sales are a way for homeowners to avoid foreclosure
Am I qualify for a Short Sale
What if there is more then on on the house
If the loans has two different lenders we may be able to get both lenders to cooperate on a short sale solution. Typically, the first lender will offer the second lender a small amount to agree to the short sale. We will work closely with all parties to negotiate a solution
What documents are needed to proceed with a short sale
A hardship letter from the seller - Tax returns for the previous two years - W-2s for the previous two years - Payroll stubs for the last 30 days - Two months of bank statements - A comparative market analysis or list of recent comparable sales in the area (Done by us)
Do I have to be behind with the mortgage payment to proceed with a short sale
Although it is not necessary to be in default before a bank will consider a short sale, the files that get priority are those in default
Do foreclosure procedures stop while I'm trying to do a short sale
There’s is no guarantee that the short sale will stop the foreclosure sale, but doing things the right way and in a timely manner will most likely end up in a short sale
How long is a Short Sale process take
From that point to the time of short sale approval, the average timeline is about 60 to 90 days. It means 30 days to sell + 60 days for approval + 30 days to close escrow = 4 months, on average. But it can also take much longer
How does my credit score affected with Short Sale
Your credit score will drop 100-150 points which is much better than it will be on a foreclosure sale
Can I stay in my home while doing a Short Sale
Most likely you will be able to stay in your home until the closing
What happen if the lender reject an offer
We will always try to renegotiate with the lender to reconsider. If the offer to purchase is reasonable most lenders are much likely to go with the short sale