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Short Sale Negotiations
A short sale in real estate occurs when the outstanding home loan balance (loans) against a property are greater than what the property can be sold for. Short sales are a way for homeowners to avoid foreclosure on their homes and still be able to pay off their loan by settling with lender.
Typically what happens is seller (you) align him or herself with a real estate professional to list the home for sale. The buyer is found and the negotiations are handled by an authorized third party (us). An offer is made (typically about 85% of the current market value) and the negotiations begin to get the bank to agree to take a short payoff.
Why would a lender do this? Consider the options for the bank if they do not. Most cases would see the home fall into foreclosure through non payment or abandonment. People are starting to choose to walk away from the investment rather than keep it. If this were to happen, the lender could face a costly foreclosure and in the end, most likely selling it at short sale or auction anyway. It can be cheaper and more expedited for the bank. HOMEOWNERS:Do you have a property that you need to sell quickly but you don't want the STAIN of a FORECLOSURE on your credit report?
We can help!! Did you know a foreclosure on your credit will affect your score for SEVEN to TEN YEARS??
Don't let your home go to foreclose when there ARE other options! You can avoid it! Our network of real estate professionals can arrange the listing and successful sale of your property to the number of investors and wanting homeowners looking for a home.
We have a network of investors and home buyers looking for a deal on a home. We also have homeowners emotionally detached from properties wanting relief!
We help put the two together and then negotiate with the sellers bank in order to get the buyers offer accepted. The buyer gets a deal on a home, the seller gets closure. Brilliant!! INVESTORS:
Foreclosures are at an all time high but look closely and you'll see the Real Estate market is showing signs of bottoming out. That means NOW is the perfect time to invest in Real Estate by purchasing properties at a discount. We will help you invest in preforeclosures successfully. We are experts at negotiating Short Sales and short payoffs.. Join our network and we will help put you in touch with sellers in your area!Our Short Sale Negotiation Program is excellent for a single investor or a group of investors. Our service is ideal for new and seasoned investors.
We negotiate Short Sales in all 50 states!!
You will always know the status of your deals by using our Online pipeline Tracking tool! Call us to get started! |
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